Announcement of Cash Capital Increase by Subsidiary Les Enphants Retail Group Co., Limited

1.Date of the board of directors resolution:2025/11/12

2.Source of capital increase funds:The funds from the sale of equity in the

group's subsidiary.

3.Whether to adopt shelf registration (Yes, please state issuance period/No):

No

4.Total monetary value of the issuance and number of shares issued (shares

 issued not including those distributed to employees if consisting in

 capital increase from earnings or capital surplus):

Total monetary value of the issuance:RMB 50 million(USD 7,018,363)

Number of shares issued：7,018,363 common shares

5.If adopting shelf registration, monetary value and number of shares

to be issued this time: NA

6.The remaining monetary value and shares after this issuance when

adopting shelf registration: NA

7.Par value per share: USD 1

8.Issue price:USD 1

9.Number of shares subscribed for by or allocated to employees: NA

10.Number of shares publicly sold: NA

11.Ratio of shares subscribed by or allotted as stock dividends to existing

shareholders:100%

12.Handling method for fractional shares and shares unsubscripted for by

the deadline: NA

13.Rights and obligations of these newly issued shares: Same as existing

issued shares

14.Utilization of the funds from the capital increase:

Reinvestment capital needs

15.Any other matters that need to be specified:

Exchange rate USD:NTD=1:31.04；RMB:NTD=1:4.357.