Zhejiang Vie Science & Technology announcement, the company plans to increase its stake in its wholly-owned subsidiary Anhui Wan'an Auto Parts Co., Ltd. with a capital increase of 260,468,800.00 yuan from the raised funds, of which 160,225,746.00 yuan will be included in the registered capital, and the remaining 100,243,054.00 yuan will be included in the capital reserve. After this capital increase is completed, Anhui Wan'an's registered capital will be 527,858,040.00 yuan, and the company will hold 96.0122% of Anhui Wan'an's equity. This capital increase is a prudent decision based on the company's operational needs, the use of raised funds, and the actual progress of the project, and does not involve changing or indirectly changing the direction of the raised funds.