New Morning Technology: Termination of Issuance of Shares and Payment of Cash to Acquire 96.9628% Equity of Tianyi Enhua

New Morning Technology Announcement: The company held the twenty-second meeting of the eleventh board of directors on August 11, 2025, and approved the proposal to terminate the issuance of shares and pay cash to purchase assets and raise matching funds, as well as related party transactions. The company planned to acquire 96.9628% equity of Beijing Tianyi Enhua Technology Co., Ltd. through a combination of issuing shares and paying cash, and to issue shares to raise matching funds from up to 35 specific investors. Due to the lack of consensus on the core terms of the transaction after thorough negotiation and discussion among the parties involved in the transaction, it was decided to terminate the transaction.