Official Announcement on Business Structure Adjustment

Dear Valued Customers and Partners,

Thank you for your continued trust and support.

Due to a strategic business adjustment, Jiangsu Union Logistics System Engineering Co., Ltd. has separated its racking business into an independent operating entity in order to further specialize in warehouse racking solutions and enhance service efficiency for global customers.

Going forward, the contracting and execution entity for warehouse racking projects will be:

Nanjing Fuyuan Technology Co., Ltd.

Jiangsu Union Logistics System Engineering Co., Ltd. and Nanjing Fuyuan Technology Co., Ltd. will maintain a long-term strategic cooperation relationship and continue to share integrated resources in manufacturing, supply chains, and international market development.

Nanjing Fuyuan Technology Co., Ltd. is an independent legal entity with a professional international business team and full capabilities for project execution, production coordination, and customer service. The company will be responsible for the signing and performance of warehouse racking projects.

Please be assured that this adjustment will not affect project execution, product quality, delivery schedules, or after-sales services. All cooperation terms and customer rights will continue to be fully protected.

We sincerely appreciate your understanding and continued support. If you have any questions, please feel free to contact us at any time.

Thank you.