Stock code: 688208 Stock abbreviation: Taotong Technology Announcement No.: 2024-086

Convertible bond code: 118013 Convertible bond abbreviation: Daotong convertible bond

Shenzhen Daotong Technology Co., Ltd

Announcement of the resolution of the 15th meeting of the fourth session of the board of directors

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

1. The convening of the board of directors meeting

The fifteenth meeting of the fourth board of directors of Shenzhen Daotong Technology Co., Ltd. (hereinafter referred to as "the company").

It will be held on October 21, 2024 in the company's conference room in person and by means of communication, and the meeting will be notified in 2024

On October 15, it was delivered to all directors of the company by mail, telephone or other means of communication. The meeting was convened and presided over by Mr. Li Hongjing, chairman of the board, and there should be 7 directors and 7 directors. The convening and convening procedures of this meeting comply with the Company Law of the People's Republic of China (hereinafter referred to as the "Company Law") and the Articles of Association of Shenzhen Daotong Technology Co., Ltd. (hereinafter referred to as the "Articles of Association") and other relevant provisions, and the resolutions formed by the meeting are legal and valid.

2. Deliberations of the Board of Directors Meeting

The directors at the meeting deliberated on various proposals and voted to approve the following matters:

(1) "Proposal on < the > of the Third Quarter Report of 2024"

Vote: 7 votes in favor, 0 abstentions, 0 votes against.

This proposal has been approved and approved by the Audit Committee in advance.

For details, please refer to the Third Quarterly Report of 2024 disclosed on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

(2) "Proposal on Adjusting the List of Incentive Recipients of the Company's 2024 Restricted Stock Incentive Plan"

2 incentive pairs of the Company's 2024 Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan").

If you have left your job due to personal reasons and are not allowed to be granted restricted shares, according to the Administrative Measures for Equity Incentives of Listed Companies, the Rules for the Listing of Stocks on the Science and Technology Innovation Board of the Shanghai Stock Exchange, and the Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board No. 4 - Shares

According to the relevant provisions of the Disclosure of Rights Incentive Information and the 2024 Restricted Stock Incentive Plan (Draft), as well as the authorization of the Third Extraordinary General Meeting of Shareholders in 2024, the Board of Directors will allocate the restricted shares to other incentive recipients to be granted to the above-mentioned incentive recipients. After the adjustment, the number of incentive recipients granted this time was adjusted from 231 to 229, and the number of restricted shares of 9,769,600 shares remained unchanged.

This proposal has been deliberated and approved by the company's remuneration and appraisal committee.

Mr. Li Hongjing, Mr. Deng Renxiang, Ms. Nong Yingbin and Mr. Yinhui are the incentive recipients of the company's 2024 restricted stock incentive plan, and they abstained from voting on the proposal.

The result of the vote: 3 votes in favor, 0 votes against, 0 abstentions, and 4 abstentions.

This adjustment is within the scope of the authorization of the board of directors at the company's third extraordinary general meeting of shareholders in 2024 and does not need to be submitted to the company's general meeting of shareholders for deliberation.

For details, please refer to the "Announcement on Adjusting the List of Incentive Recipients of the 2024 Restricted Stock Incentive Plan" (Announcement No.: 2024-089) published on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

(3) "Proposal on Granting Restricted Shares to the Incentive Recipients of the Company's 2024 Restricted Stock Incentive Plan".

Case》

The board of directors believes that the company and the incentive objects to be granted are in line with the provisions of the incentive plan on the grant conditions, the grant conditions of the incentive plan have been achieved, and the qualifications of the incentive objects are legal and valid. The Board agreed

The grant date of this incentive plan is October 21, 2024, and it is agreed to pay the incentive plan at a grant price of RMB 13.29 per share

229 incentive recipients were granted 9,769,600 restricted shares.

This proposal has been deliberated and approved by the company's remuneration and appraisal committee.

Mr. Li Hongjing, Mr. Deng Renxiang, Ms. Nong Yingbin and Mr. Yinhui are the incentive recipients of the company's 2024 restricted stock incentive plan, and they abstained from voting on the proposal.

The result of the vote: 3 votes in favor, 0 votes against, 0 abstentions, and 4 abstentions.

This grant is within the scope of the authorization of the Board of Directors at the Company's third extraordinary general meeting of shareholders in 2024 and does not need to be submitted to the Company's general meeting of shareholders for consideration.

For details, please refer to the "Announcement on Granting Restricted Shares to the Incentive Recipients of the 2024 Restricted Stock Incentive Plan" (Announcement No.: 2024-090) published on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

The announcement is hereby made.

Board of Directors of Shenzhen Daotong Technology Co., Ltd

October 22, 2024