Reddick announced that the 27th meeting of the fourth board of directors of the company deliberated and passed the relevant bill to invest in the construction of the Reddick headquarters and R&D production base project in the Xiaoshan Economic and Technological Development Zone. The total planned land use of the project is about 47.5 acres and will be implemented in installments. The current investment amount is about 300 million yuan. The funding source is the company's own capital and compliant market-based financing. This investment does not constitute a related transaction, nor does it constitute a major asset restructuring, and there is no need to submit it to the company's shareholders' meeting for review. The board of directors authorized management to handle project land tendering, agreement signing, and other related tasks. The meeting also reviewed and passed the bill on the company's report for the third quarter of 2026.

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