Basic Situation Overview
Zhejiang Precision Integrated Technology Co., Ltd. (hereinafter referred to as the "Company") held the 14th meeting of the 9th Board of Directors on December 18, 2025, and the first extraordinary general meeting of shareholders in 2026 on January 6, 2026. The meetings approved the proposal to increase capital for its wholly-owned subsidiary, Precision (Wuhan) Composite Materials Co., Ltd. (hereinafter referred to as "Precision Wuhan Composite"), agreeing to increase the capital by 250 million yuan using raised funds. After the capital increase, the registered capital of Precision Wuhan Composite will rise from 50 million yuan to 300 million yuan, and after equity penetration, Precision Wuhan Composite will remain a wholly-owned subsidiary of the Company. Details of the above matters can be found in the Company announcements numbered 2025-056, 2025-059, and 2026-002 published on December 20, 2025, and January 7, 2026, in the Securities Times and on the Giant Tide Information Network (http://www.cninfo.com.cn).