EXPLANATORY NOTE
As used in this Annual Report on Form 10-K, unless otherwise indicated or the context otherwise requires, references to:
| ● | “ABL” or “ABL Chicago” refers to American Bear Logistics Corp., an Illinois corporation and formerly a wholly owned subsidiary of Quanome, the disposal of which was completed on February 12, 2026; |
| ● | “AI” refers to artificial intelligence; |
| ● | “API” refers to application programming interface; |
| ● | “China” or the “PRC” refers to the People’s Republic of China, including the Hong Kong Special Administrative Region and the Macau Special Administrative Region; provided, however, that because Hong Kong and Macau have separate legal systems, references to PRC laws and regulations and legal or regulatory matters relating to our operations in the PRC refer to those applicable to our operations in mainland China, unless otherwise specified; |
| ● | “compute capacity” means computing resources made available for processing, inference or other computational workloads, including resources provided through servers, GPUs and related infrastructure; |
| ● | “GPU” means graphics processing unit; |
| ● | “Hupan Pharmaceutical” refers to Hupan Pharmaceutical (Hubei) Co., Ltd., a PRC limited liability company in China and a wholly owned subsidiary of Sichuan Hupan; |
| ● | “model” or “AI model” refers to an artificial intelligence or machine-learning model deployed or used in connection with the AI compute capacity or managed inference services; |
| ● | “Quanome,” “the Company,” “we,” “us,” and “our” refer to Quanome Technologies, Inc., formerly known as Lakeside Holding Limited, together with its consolidated subsidiaries; |
| ● | “Quantum Nexus” refers to Quantum Nexus Technologies Ltd., a Cayman Islands company incorporated on May 15, 2026 and a subsidiary of Quanome; |
| ● | “RMB” and “Renminbi” refer to the legal currency of China; |
| ● | “Sichuan Hupan” refers to Sichuan Hupan Jincheng Enterprise Management Co., Ltd., a PRC limited liability company in China and a wholly owned subsidiary of Quanome; |
| ● | “upstream providers” refers to third-party suppliers, data center operators, hosting providers, hardware vendors, software providers and other service providers supporting the Company’s AI computing infrastructure or related services, if any; |
| ● | “US$,” “U.S. dollars,” “$,” and “dollars” refer to the legal currency of the United States; and |
| ● | “XDT” refers to XDT Infrastructure I, LLC, a Delaware limited liability company incorporated on September 10, 2026, and an indirect subsidiary of Quanome. |
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