- On **October 17, 2025**, EShallGo Inc. entered into a letter agreement with the holder of its Convertible Debenture to amend its terms.  **[1879754_0001185185-25-001486_ehgo6kpr101725.htm:0]** 
- The "Floor Price" of the Convertible Debenture was reduced to **$0.40 per share**.  **[1879754_0001185185-25-001486_ehgo6kpr101725.htm:0]** **[1879754_0001185185-25-001486_ehgoex10-1.htm:0]** 
- The Convertible Debenture had an aggregate principal amount of **$5,000,000**, issued in tranches between November 2024 and January 2025.  **[1879754_0001185185-25-001486_ehgo6kpr101725.htm:0]** **[1879754_0001185185-25-001486_ehgoex10-1.htm:0]**

EShallGo Amends Convertible Debenture Floor Price

- Eshallgo, Inc. (Nasdaq: EHGO) officially launched its **Enterprise-Grade AI "Enlighten Series"** on **October 13, 2025**, making it available through the Company's e-commerce platform.  **[1879754_0001185185-25-001446_ehgoprex99-1.htm:0]** 
- The "Enlighten Series" comprises **AI-powered, all-in-one enterprise assistants** that combine local data security, high-performance computing, and large-model intelligence into a desktop-sized device, targeting small- and medium-sized enterprises (SMEs).  **[1879754_0001185185-25-001446_ehgoprex99-1.htm:0]** 
- This launch is considered a **major milestone** in Eshallgo's transformation, with management anticipating it will drive sustainable revenue growth and enhance the Company's operating margin profile over the next fiscal year.  **[1879754_0001185185-25-001446_ehgoprex99-1.htm:0]** **[1879754_0001185185-25-001446_ehgoprex99-1.htm:1]**

Eshallgo Launches Enterprise-Grade AI "Enlighten Series"

- Eshallgo Inc. and Photonetco Electronic Technology Co., Ltd. (PHOTONETCO) have launched a **National Sales Promotion Initiative** to strengthen China's domestic office equipment market, following a strategic cooperation agreement.  **[1879754_0001104659-25-082547_tm2524272d1_ex99-1.htm:0]** 
- The initiative, which included a conference on **August 19, 2025**, focuses on the accelerated rollout of **domestically manufactured printers and copiers**.  **[1879754_0001104659-25-082547_tm2524272d1_ex99-1.htm:0]** 
- Under the partnership, PHOTONETCO has developed **over ten exclusive product lines** for Eshallgo and granted national distribution rights for related consumables.  **[1879754_0001104659-25-082547_tm2524272d1_ex99-1.htm:0]** 
- Eshallgo anticipates this initiative will drive **meaningful revenue growth** and solidify its position in China's digital-first enterprise solutions sector.  **[1879754_0001104659-25-082547_tm2524272d1_ex99-1.htm:0]**

EShallGo (EHGO)