Securities code: 688001 Securities abbreviation: Huaxing Yuanchuang Announcement No.: 2024-067

Suzhou Huaxing Yuanchuang Technology Co., Ltd

Announcement on the progress of the repurchase of the company's shares by means of centralized bidding transactions

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or material omission in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content.

Important Content Notes:

The repurchase plan was first disclosed on 11/15/2024

The implementation period of the buyback plan is 12 months after the approval of the board of directors

The repurchase amount is expected to be 25 million yuan ~ 50 million yuan

□ reduce the registered capital

Buyback Purpose √ for employee stock ownership plans or equity incentives

□ is used to convert the company's convertible bonds

□ to maintain the company's value and shareholders' rights

The cumulative number of shares repurchased is 32,042 shares

Cumulative number of repurchased shares to total share capital 0.0072%

The cumulative amount repurchased is 1,005,870.56 yuan

The actual repurchase price range is 31.16 yuan/share~31.50 yuan/share

1. Basic information on the repurchase of shares

Suzhou Huaxing Yuanchuang Technology Co., Ltd. (hereinafter referred to as the "Company") on November 14, 2024

The seventh meeting of the third session of the board of directors was convened, and the "Proposal on the Plan for Repurchasing the Company's Shares by Centralized Bidding Transaction" was deliberated and approved, and it was agreed that the Company would repurchase part of the Company's issued RMB ordinary shares (A shares) through the Shanghai Stock Exchange trading system with its own funds and the special loan for share repurchase provided by Suzhou Industrial Park Sub-branch of Industrial and Commercial Bank of China Co., Ltd. through the Shanghai Stock Exchange trading system, of which the amount of the special loan shall not exceed RMB 35 million. The repurchased shares will be used for the company's employee stock ownership plan or equity incentive plan in the future. The repurchase price shall not exceed RMB 47.00 per share (inclusive), and the total amount of repurchase funds shall not be less than RMB 25 million (inclusive) and not more than RMB 50 million (inclusive), and the repurchase period shall be deliberated and approved by the board of directors of the company

No more than 12 months from the date of this protocol. The above details are detailed in the company's announcement on November 15, 2024,

On November 2 www.sse.com.cn 1, 2024, the "Huaxing Yuanchuang:

Announcement on the Share Repurchase Plan by Centralized Auction Transaction (Announcement No.: 2024-061) and Huaxing Yuanchuang: Report on the Repurchase of Shares by Centralized Auction Transaction (Announcement No.: 2024-063).

2. Progress of share repurchases

According to the Rules for Share Repurchase of Listed Companies, the Self-Regulatory Guidelines for Listed Companies on the Shanghai Stock Exchange No. 7 - Share Repurchase and other relevant regulations, the company shall disclose the progress of the repurchase as of the end of the previous month within the first three trading days of each month during the share repurchase period. The relevant information is hereby announced as follows:

As of November 30, 2024, the Company traded through the Shanghai Stock Exchange trading system through centralized bidding

The method repurchased 32,042 shares of the company for the first time, accounting for 0.0072% of the company's latest total share capital of 445,026,106 shares, the highest price of the repurchase transaction was 31.50 yuan / share, the lowest price was 31.16 yuan / share, and the total amount of funds paid was 1,005,870.56 yuan (excluding stamp duty, transaction commissions and other transaction costs).

The implementation of the share repurchase is in accordance with relevant laws and regulations and the provisions of the company's share repurchase plan.

III. Other Matters

The company will strictly follow the "Rules for Share Repurchase of Listed Companies", "Shanghai Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 7 - Repurchase of Shares" and other relevant regulations, within the repurchase period according to market conditions to make repurchase decisions and implement them, and at the same time timely fulfill the obligation of information disclosure according to the progress of the repurchase of shares, please pay attention to the investment risks.

The announcement is hereby made.

Board of Directors of Suzhou Huaxing Yuanchuang Technology Co., Ltd

December 3, 2024