Enterprise Entity and Listing Platform The listing entity this time is Smart Logistics Global Limited (Wisdom Logistics Global Co., Ltd.), which is the de facto controlling shareholder of "Fuzhou Jiabin Modern Logistics Park Co., Ltd.", a local enterprise in Fuzhou, Jiangxi Province, and finally successfully listed on the NASDAQ Stock Exchange with the stock ticker SLGB. October 2, 2023: Submitted a confidential filing to the U.S. Securities and Exchange Commission (SEC); October 4, 2024: Publicly disclosed the prospectus (official prospectus link: https://www.sec.gov/Archives/edgar/data/1987189/000189341725000019/form424b4.htm, Registration Number 333-288664); October 15, 2025: Officially listed on NASDAQ and completed trading. Smart Logistics adopted a public offering for this listing, with specific parameters as follows: Offering price: US$5 per share; Number of shares offered: 1 million common shares; Total gross proceeds raised: US$5 million (calculated at the offering price, excluding issuance expenses and other related costs). Smart Logistics is a service provider focusing on B2B contract logistics solutions, with its core business centered on "long-haul transportation of industrial raw materials". Leveraging an in-depth understanding of the macro logistics landscape of the target market, the company can provide customers with cost-effective, flexible and reliable customized logistics services, including optimizing transportation modes and route planning based on customers' specific needs to meet the core requirements of long-distance raw material transportation in the industrial sector. Opening price: US$5.40; Closing price: US$5.28, representing a 5.60% increase compared to the offering price of US$5; After-hours trading price: US$4.90, representing a 7.20% decrease compared to the closing price; Daily highest price: US$5.46, Daily lowest price: US$5.10 (also the 52-week high and low, respectively). Trading volume: 2.3235 million shares; Trading value: US$12.115 million; Total market capitalization: approximately US$216 million (calculated at the closing price); Total outstanding shares: 41.00 million shares; Turnover rate: 5.67%; Amplitude: 7.19%. Earnings Per Share (EPS): US$0.03; Trailing Twelve Months (TTM) / Static Price-to-Earnings Ratio: 178.31 times; Price-to-Book Ratio: 13.89 times; No dividend (TTM) and dividend yield data are currently unavailable, and the institutional shareholding ratio has not been disclosed. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting Management Co., Ltd. is the domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same ultimate controlling shareholder. Both companies share the same ultimate controlling party, operate under the same Chinese management framework, and comply with the laws of Hong Kong and mainland China.