According to Tongyou Technology's announcement, matters relating to the issuance of A-shares to specific targets by the company in 2026 have been reviewed and approved by the 19th meeting of the company's 5th board of directors and the second extraordinary shareholders' meeting in 2026, and still need to be reviewed and approved by the Shenzhen Stock Exchange and registered with the China Securities Regulatory Commission before they can be implemented. There are no more than 35 recipients, and the issuance price is not lower than 80% of the company's average stock trading price in the 20 trading days before the pricing benchmark. The number issued does not exceed 30% of the company's total share capital, or 144 million shares, and the total amount of capital to be raised will not exceed 99,83.5 million yuan. It will be used for enterprise-grade storage systems and SSD R&D center construction projects, enterprise storage systems and SSD intelligent manufacturing projects, marketing experience center projects, and supplementary working capital for all AI scenarios.

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