Argus Group Subsidiary FORTUNE INVESTMENTS LTD. Approves Capital Increase for Argus Precision Industry (Suzhou) Co., Ltd.

The board of directors of Argus Group resolved on May 13, 2026, that its consolidated subsidiary, FORTUNE INVESTMENTS LTD., will proceed with a capital increase for its subsidiary, Argus Precision Industry (Suzhou) Co., Ltd. The purpose of this capital injection is to strengthen the subsidiary's working capital.

The capital increase amounts to RMB 15,568,080 (approximately USD 2.2 million), with the actual USD amount to be calculated based on the exchange rate applicable on the day of the capital increase. This funding will be sourced from retained earnings.

This financial strengthening measure is intended to support the stability and growth of the subsidiary's operations. The plan is to be implemented after obtaining approval from the relevant local authorities.

Key details of the resolution include:

* **Board Resolution Date:** May 13, 2026 * **Source of Capital Increase:** Retained earnings * **Total Amount of Capital Increase:** RMB 15,568,080 (approximately USD 2.2 million). The exact USD amount will be determined by the exchange rate on the day of the capital increase. * **Purpose of Capital Increase:** To supplement working capital. * **Implementation:** Subject to approval by local authorities.