Valiant: The holding subsidiary Jiumu Chemical has submitted an IPO application to the Beijing Stock Exchange and has been accepted

Valiant announced that its holding subsidiary, Jiumu Chemical, has submitted the application materials for a public offering of shares to unspecified qualified investors and for listing on the Beijing Stock Exchange. On September 18, 2025, it received the "Acceptance Notice" issued by the Beijing Stock Exchange, which has officially accepted Jiumu Chemical's IPO application. Jiumu Chemical is a listed company on the National Equities Exchange and Quotations, with the stock abbreviation: Jiumu Chemical and the stock code: 874382. Valiant held a board meeting on July 9, 2025, and approved the relevant proposals, agreeing to the public offering of shares by Jiumu Chemical and its listing on the Beijing Stock Exchange. The company will fulfill its information disclosure obligations in a timely manner based on the progress of the matter