Securities code: 688001 Securities abbreviation: Huaxing Yuanchuang Announcement No.: 2025-004

Suzhou Huaxing Yuanchuang Technology Co., Ltd

Announcement of the resolution of the ninth meeting of the third 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. Convening of the Board of Directors Meeting

The ninth meeting of the third board of directors of Suzhou Huaxing Yuanchuang Technology Co., Ltd. (hereinafter referred to as the "Company") was held in the conference room of the Company on January 17, 2025. The meeting was presided over by Mr. Chen Wenyuan, chairman of the board, and 7 directors should be present and 7 directors actually attended. The convening and convening procedures of this meeting are in accordance with the Company Law of the People's Republic of China and other laws and regulations and the relevant provisions of the Articles of Association.

2. Deliberations of the Board of Directors

After full discussion by the directors attending the meeting, the following proposals were deliberated and passed:

1. Reviewed and approved the "Proposal on Increasing the Total Fund for Repurchasing Shares"

Based on the confidence in the company's future development prospects and the recognition of the company's investment value, in order to promote the company's long-term and healthy development, safeguard the interests of all shareholders, enhance investor confidence, further establish and improve the company's long-term incentive mechanism, and effectively combine the interests of shareholders, the company and the interests of the core team, after comprehensive consideration of the company's operating conditions, financial status and future profitability, according to the relevant regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange, the board of directors intends to increase the total amount of funds for the repurchase of shares. The total amount of funds to be used for share repurchase will be adjusted from "not less than RMB 25 million (inclusive) and not more than RMB 50 million (inclusive)" to "not less than RMB 40 million (inclusive) and not more than RMB 80 million (inclusive)", and the number of shares to be repurchased will be adjusted accordingly. For details of the specific content of this proposal, please refer to the "Huaxing Yuanchuang: Announcement on Increasing the Total Fund for Repurchased Shares" (Announcement No.: 2025-005) and "Huaxing Yuanchuang: Report on the Repurchase of Shares by Centralized Bidding Transaction (Revised)" (Announcement No.: 2025-006) disclosed by the company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

The result of the vote: 7 votes in favor, 0 votes against, 0 abstentions

The announcement is hereby made.

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

January 18, 2025