Yuancheng Cable Co., Ltd.

Yuancheng Cable Co., Ltd. (hereinafter referred to as "Yuancheng Shares" or the "Company") is affiliated to Wuxi Guolian Development (Group) Co., Ltd. (hereinafter referred to as "Guolian Group"). It is a state-controlled mainboard listed company specializing in the research, development, production, and sales of wires and cables (stock code "002692"). Guolian Group was established on May 8, 1999, as a state-owned capital investment and operation pilot enterprise authorized and funded by the Wuxi Municipal Government (operating in integration with Guofa Capital). With a registered capital of 8.391 billion yuan, the group's total assets reached 203.6 billion yuan by the end of 2023, with net assets of 53.7 billion yuan.