Announce of the Company’s Endorsement Guarantee Excess Limit Improvement Plan for the first quarter of 2025

1.Date of occurrence of the event:2025/05/08

2.Company name:Les enphants Co.,Ltd.

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

  ”subsidiaries”):head office

4.Reciprocal shareholding ratios:NA

5.Cause of occurrence:

(1)Follow the letter No.1140335885 of the Financial Supervisory Commission.

(2)Due to the recognition of gains and losses from investment companies,

the company’s net worth has declined. As of the end of February 2025,

the outstanding endorsed guarantee balance has exceeded the limit

set by the company.

6.Countermeasures:

Due to the recognition of gains and losses from investment companies,

the company’s net worth has declined, leading to the endorsement guarantees

to Shanghai Les Enfants Children Articles Co., Ltd. and Suzhou Les Enfants

Children Articles Co., Ltd. exceeding the limit. The improvement plan

is as follows:

On March 6, 2025, the company held a board meeting and approved the

revision of certain provisions of the company’s “Endorsement

Guarantee Operating Procedures,” increasing the endorsement

guarantee limit from 50% of the latest financial report’s net

worth to 100% of the latest financial report’s net worth. The company

also plans to hold a shareholders' meeting on June 27, 2025, to explain

the necessity and reasonableness of this change and seek approval.

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.):

Before the improvement plan is fully implemented, the progress will be

announced quarterly and reported to the board of directors for control.

The execution status will also be reported at the next shareholders' meeting.