On October 16, 2026, Fujian Dongxi Lifewit Technology Co., Ltd. (hereinafter “Lifewit Technology” or the “Company”) was officially listed on the National Equities Exchange and Quotations (“NEEQ”), with the securities abbreviation “Lifewit Technology” and the securities code 875303. The Company was listed on the Innovation Tier, and its shares are traded by way of call auction trading. Concord & Sage Law Firm participated in Lifewit Technology’s NEEQ listing project and provided legal due diligence and related legal opinion support on the U.S. legal matters involved.

Lifewit Technology is a cross-border e-commerce enterprise centered on proprietary brand operations. It is principally engaged in the research and development, brand operations, and global market sales of household lifestyle products, and owns proprietary brands such as Lifewit. Relying on its product research and development, supply chain management, and cross-border e-commerce operational capabilities, the Company conducts business in overseas markets such as North America and Europe through international e-commerce platforms including Amazon, and has formed a cross-border operating model centered on proprietary brands and primarily supported by online sales channels.

In this NEEQ listing project, the Capital Markets Team of Concord & Sage Law Firm, as the project’s U.S. legal services provider, provided Lifewit Technology with U.S. legal due diligence and related legal opinion services, conducted legal verification regarding corporate legal matters and operational compliance issues relating to its U.S. business, and provided professional support on the foreign legal matters involved in the listing. Taking into account relevant U.S. laws and regulations and the verification requirements for Chinese enterprises’ domestic capital markets projects, the firm analyzed and assessed the relevant U.S. legal issues and assisted the relevant project parties in completing the verification and information disclosure of foreign legal matters.

For enterprises with cross-border operating backgrounds, the legal compliance of overseas business and relevant operating entities is an important verification item in domestic capital markets projects. This is particularly true for cross-border e-commerce enterprises, whose overseas business involves corporate governance, commercial operations, and regulatory requirements in different jurisdictions. Foreign legal due diligence and legal opinions play an important role in identifying relevant legal risks, verifying overseas operational compliance, and supporting capital markets information disclosure. This project demonstrates Concord & Sage Law Firm’s professional service capabilities in providing U.S. legal support for Chinese enterprises’ domestic capital markets projects, as well as the firm’s practical experience in overseas operational compliance and capital markets legal services for cross-border e-commerce enterprises.

The Lifewit Technology NEEQ Innovation Tier listing project further enriched the practical experience of Concord & Sage Law Firm’s Capital Markets Team in serving Chinese enterprises in domestic and overseas capital markets projects.

The Capital Markets Team of Concord & Sage Law Firm continues to provide legal services to Chinese enterprises for U.S. listings, U.S. legal matters involved in domestic capital markets projects, and cross-border capital operations. Its practice covers foreign legal due diligence, U.S. legal opinions, securities regulatory compliance, corporate governance, and cross-border transactions. The firm is committed to providing professional and comprehensive U.S. legal support to enterprises with international business footprints.