Leascend: The holding subsidiary received a government subsidy of 10 million yuan

Leascend announced that its holding subsidiary, Meishan Leascend Photovoltaic Technology Co., Ltd., recently received a government subsidy of 10 million yuan, accounting for 25.17% of the company's most recent audited net profit attributable to shareholders of the listed company. This government subsidy is related to income and is not sustainable, related to the company's daily activities, and the relevant funds have been actually received. The expected impact on the company's pre-tax profit for the year 2025 is 10 million yuan