Announcement that the Company's Board of Directors has canceled the approved loan limit of subsidiary Kunshan Anli to Huzhou Anli.

Announcement that the Company's Board of Directors has canceled the approved loan limit of subsidiary Kunshan Anli to Huzhou Anli.

1. Date of occurrence of the event:2024/11/12

2. Company name:

a. KUNSHAN ANLI PRECISE METAL CO.,LTD.

b. HUZHOU ANLI TECHNOLOGY CO., LTD.

3. Relationship to the Company (please enter ”head office” or ”subsidiaries”):subsidiaries

4. Reciprocal shareholding ratios: N/A

5. Cause of occurrence: Due to adjustments in financial planning, the Board of Directors

  has canceled the previously pproved loan limit of RMB 20 million from subsidiary

  Kunshan Anli precise Metal Co, Ltd.to Huzhou Anli Technology Co., Ltd., originally

  approved on January 12, 2023.

6. Countermeasures: None.

7. Any other matters that need to be specified (the information disclosure also meets

  the requirements of Article 7, subparagraph 9 of the Securities and Exchange Act    

  Enforcement Rules, which brings forth a significant impact on shareholders rights or

  the price of the securities on public companies.):None.