Securities code: 688023 Securities abbreviation: Anheng Information Announcement No.: 2025-001

Hangzhou Anheng Information Technology Co., Ltd

Announcement on the progress of the acquisition of assets

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. Overview and progress of the transaction

In the early stage, Hangzhou Anheng Information Technology Co., Ltd. (hereinafter referred to as the "Company") proposed to acquire Zhejiang Fanshuang Technology Co., Ltd. (hereinafter referred to as "Fanshuangke") at a consideration of RMB 40 million of its own funds

Technology) announced its 5.33% stake, as detailed in the Company's announcement in Shanghai on December 4, 2024

Announcement on Voluntary Disclosure of Acquired Assets (Announcement No.: 2024-071) disclosed on the website of the stock exchange (www.sse.com.cn).

On December 23, 2024, the National Small and Medium-sized Enterprise Share Transfer System Co., Ltd. issued the "Guan

Confirmation letter of the application for the transfer of the agreement on specific matters of Yu Fanshuang Technology (Share Transfer Letter [2024] No. 3253). according to

On January 2, 2025, China Securities Depository and Clearing Corporation Beijing Branch issued the Securities Transfer

Confirmation of Registration", the above shares have been registered on January 2, 2025.

2. Risk Warning

After the completion of this transaction, Fanshuang Technology will become a shareholding company of the company. If the performance of Fanshuang Technology in the future period does not meet expectations, there may be a risk of fair value decline, which will adversely affect the company's net assets. At the same time, affected by multiple factors such as industrial policies, economic environment, industry cycles, market changes, operation and management of investment targets, and post-investment management, there may be risks such as investment returns falling short of expectations.

The company will pay full attention to and actively prevent risks, protect the legitimate rights and interests of investors, especially small and medium-sized investors, and please invest rationally and pay attention to investment risks.

The announcement is hereby made.

Board of Directors of Hangzhou Anheng Information Technology Co., Ltd

January 3, 2025