Completion of Improvement Plan for Excessive Fund Lending by Subsidiary, Kunshan Guang Ying Electric Wire Co., Ltd.

Release Date: July 14, 2026 Statement Date: July 13, 2026 Statement Time: 16:55:52 Company Code: 3550 Company Name: Lian Ying

Subject: Announcement of Improvement Plan and Implementation Status Regarding Excessive Fund Lending by Kunshan Guang Ying Electric Wire Co., Ltd., a Subsidiary

Applicable Clause: Clause 51 Factual Date: July 13, 2026

Details: 1. Factual Date: July 13, 2026 2. Company Name: Kunshan Guang Ying Electric Wire Co., Ltd. 3. Relationship with Company (Please enter 'Company' or 'Subsidiary'): Subsidiary 4. Mutual Shareholding Ratio: Not applicable 5. Reason for Occurrence: (1) In accordance with the Financial Supervisory Commission's letter No. JGZS1150347406 dated July 6, 2026. (2) Due to profit distribution causing a decline in net assets on financial statements, Kunshan Guang Ying Electric Wire Co., Ltd., a subsidiary of the company, exceeded the fund lending limit and was required to establish an improvement plan.

6. Response Measures: (1) An improvement plan has been established and submitted to independent directors for record as required. (2) The company has urged the subsidiary to repay funds by the end of June, reducing the outstanding loan balance within the regulatory limit. The improvement plan has now been fully executed.

7. Other Matters to be Disclosed (If the entity involved in the event or resolution is a publicly issued company or above, this major information also meets the criteria under Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act, regarding matters significantly affecting shareholder rights or securities prices): The company intends to report this matter at an upcoming board meeting, confirming the completion of the improvement plan, and will report it at the next shareholders' meeting as instructed.