Daye Co., Ltd. announced that the company held a board of directors and supervisors meeting on May 21, 2025 to review and pass a bill on postponing and increasing the number of implementing entities and implementation sites for some fund-raising investment projects. The company extended the “production project with an annual output of 60,000 ride-on lawnmowers” until August 31, 2027, and added a wholly-owned subsidiary Daye Mexico Sociedad.anonima.de Capital. Variable is the co-implementing entity, and Mexico has been added as the implementation site. As of December 31, 2024, the project had invested a total of 101 million yuan, and the investment progress was 45.75%. This adjustment does not involve a change in the use of capital raised, nor will it have a significant adverse impact on the normal production and operation of the company.

Daye Co., Ltd. announced that the company held a board of directors and supervisors meeting on May 21, 2025 to review and pass a bill on postponing and increasing the number of implementing entities and implementation sites for some fund-raising investment projects. The company extended the “production project with an annual output of 60,000 ride-on lawnmowers” until August 31, 2027, and added a wholly-owned subsidiary Daye Mexico Sociedad.anonima.de Capital. Variable is the co-implementing entity, and Mexico has been added as the implementation site. As of December 31, 2024, the project had invested a total of 101 million yuan, and the investment progress was 45.75%. This adjustment does not involve a change in the use of capital raised, nor will it have a significant adverse impact on the normal production and operation of the company.