1. Overview of External Investment
Wuxi Chemical Equipment Co., Ltd. (hereinafter referred to as "the Company") signed a Cooperation Framework Agreement with Shanxi Lidefu Technology Co., Ltd. (hereinafter referred to as "Lidefu") on March 6, 2026, to jointly invest in establishing a limited liability company (hereinafter referred to as "the Joint Venture") in Wuxi City, aiming to explore and expand the application of ultra-high pressure technology equipment in targeted fields. The registered capital of the Joint Venture is RMB 5 million, with the Company contributing RMB 2.55 million, accounting for 51% of the registered capital, and Lidefu contributing RMB 2.45 million, accounting for