Overview of External Investment
Ningbo Yokogawa Precision Industrial Co., Ltd. (the "Company") held the seventh meeting of the fifth board of directors on October 9, 2025, where it approved the proposal for external investment and the establishment of a joint venture. The Company plans to set up a joint venture, SHARP-TEX PTE. LTD. (the "Joint Venture"), in Singapore through its wholly-owned subsidiary, Yokogawa International Holdings Ltd. (hereinafter "Yokogawa International"), in partnership with Singapore's MICRO-TEX PTE. LTD. (hereinafter "MT"). This investment aims to leverage Singapore's position as a global trade hub to strategically establish a precision manufacturing base. The total investment amount is $23 million, with MT investing $13.8 million for a 60% equity stake and Yokogawa International investing $9.2 million for a 40% equity