XGIMI Technology Co., Ltd

Short Form Report on Changes in Equity

Name of listed company: XGIMI Technology Co., Ltd

Stock abbreviation: XGIMI Technology

Stock Code: 688696

Stock listing location: Shanghai Stock Exchange

Information disclosure obligor 1: Zhong Bo

Residence and mailing address: Chengdu, Sichuan Province

Information disclosure obligor 2: Chengdu XGIMI Enterprise Management Consulting Partnership (Limited Partnership)

Address and mailing address: No. 4, 4th Floor, Unit 1, Building 4, No. 1129, Century City Road, Chengdu High-tech Zone, China (Sichuan) Pilot Free Trade Zone

Information Disclosure Obligor 3: Chengdu Happy Rice Enterprise Management Consulting Partnership (Limited Partnership)

Address and mailing address: No. 4, 4th Floor, Unit 1, Building 4, No. 1129, Century City Road, Chengdu High-tech Zone, China (Sichuan) Pilot Free Trade Zone

Information disclosure obligor 4: Xiao Shi

Residence and mailing address: Chengdu, Sichuan Province

Nature of share change: After the expiration of the concerted action agreement, some of the original concert parties will not renew

Date of signing: February 28, 2025

Disclosure Obligor Statement

1. The information disclosure obligor prepares this report in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for the Acquisition of Listed Companies, the Standards for the Content and Format of Information Disclosure of Companies Offering Securities to the Public No. 15 - Report on Changes in Equity and relevant laws, regulations and normative documents.

2. The Disclosure Obligor has obtained the necessary authorization and approval to sign this report, and its performance does not violate or conflict with any provision in the articles of association or internal rules of the company in which the Disclosure Obligor works or holds an interest.

3. In accordance with the provisions of the Securities Law of the People's Republic of China and the Administrative Measures for the Acquisition of Listed Companies, this report has fully disclosed the changes in the shares in which the information disclosure obligor has an interest in XGIMI Technology Co., Ltd.

4. As of the date of signing this report, in addition to the shareholding information disclosed in this report, the information disclosure obligor has not increased or decreased its shares in XGIMI Technology Co., Ltd. through any other means.

5. The change in equity is based on the information contained in this report. Except for the person obligated to disclose information, no other person has been entrusted or authorized to provide information not included in this report and to give any explanation or explanation to this report.

6. The information disclosure obligor undertakes that there are no false records, misleading statements or material omissions in this report, and assumes individual and joint legal liability for its authenticity, accuracy and completeness.

Table of Contents

Section 1: Interpretation...... 4

Section 2: Introduction of Information Disclosure Obligors...... 5

Section 3 Purpose of Equity Change and Shareholding Plan ...... 7

Section 4 Methods of Changes in Equity ...... 8

Section 5 Trading of Shares of Listed Companies in the Preceding Six Months...... 10

Section 6: Other Major Matters...... 11

Section 7: Documents for Reference...... 12

Disclosure Obligor Statement...... 13

Schedule: Short Form Report on Changes in Equity...... 14

Section 1: Interpretation

In this report, unless otherwise specified, the following shall have the following meanings:

Abbreviated as paraphrasing

XGIMI Technology, Listed Companies, Companies refers to XGIMI Technology Co., Ltd

Zhong Bo, Chengdu XGIMI Enterprise Management Consulting Partnership (Co., Ltd

Information disclosure obligor (hereinafter referred to as "XGIMI Consulting"), Chengdu Happy Rice

Enterprise Management Consulting Partnership (Limited Partnership) (hereinafter referred to as:

"Happy Rice Flower"), Xiao Shi

This report and report refer to the short-form report on changes in equity of XGIMI Technology Co., Ltd

Part of the original after the expiration of the agreement on concerted action of the information disclosure obligor

This change in equity refers to the fact that the actor does not renew the agreement, resulting in the information disclosure obligor holding the company

The company's shareholding ratio was reduced to 23.55%

China Securities Regulatory Commission means the China Securities Regulatory Commission

RMB/10,000 yuan refers to RMB/10,000 yuan

Section 2: Introduction of Information Disclosure Obligors

1. Basic information of the person obligated to disclose information

(1) Information disclosure obligor 1

(1) Name: Zhong Bo

(2) Gender: male

(3) Nationality: Chinese, no right of permanent residence abroad

(4) Residence or mailing address: Chengdu, Sichuan Province

(2) Information disclosure obligor 2

(1) Name: Chengdu XGIMI Enterprise Management Consulting Partnership (Limited Partnership)

(2) Registered address: No. 1129, Century City Road, Chengdu High-tech Zone, China (Sichuan) Pilot Free Trade Zone

Building 4, Unit 1, 4th Floor, No. 4

(3) Executive Partner: Zhong Bo

(4) Founded: April 29, 2015

(5) Business period: no fixed term

(6) Enterprise type: limited partnership

(7) Unified social credit code: 91510100332107138R

(8) Business scope: enterprise management consulting. (For projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments)

(3) Information disclosure obligor 3

(1) Name: Chengdu Happy Rice Enterprise Management Consulting Partnership (Limited Partnership)

(2) Registered address: No. 1129, Century City Road, Chengdu High-tech Zone, China (Sichuan) Pilot Free Trade Zone

Building 4, Unit 1, 4th Floor, No. 4

(3) Executive Partner: Zhong Bo

(4) Established: June 4, 2019

(5) Business period: no fixed term

(6) Enterprise type: limited partnership

(7) Unified social credit code: 91510100MA69YKDT6N

(8) Business scope: enterprise management consulting. (For projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments)

(4) Information disclosure obligor 4

(1) Name: Xiao Shi

(2) Gender: male

(3) Nationality: Chinese, no right of permanent residence abroad

(4) Residence or mailing address: Chengdu, Sichuan Province

2. The information disclosure obligor holds or controls more than 5% of the total outstanding shares of other domestic or overseas listed companies

As of the date of this report, the information disclosure obligor does not have an interest in other listed companies at home or abroad with shares that reach or exceed 5% of the issued shares of the company.

3. Explanation of the information disclosure obligor on the person acting in concert

XGIMI Consulting and Happy Rice Flower are employee stock ownership platforms actually controlled by Mr. Zhong Bo and as the executive partner. Mr. Zhong Bo, Mr. Xiao Shi, Mr. Liu Shuai, Mr. Yin Lei, and Mr. Liao Chuanjun signed the "Unanimous Action

The Motion Agreement and the Supplemental Agreement to the Concert Agreement will expire on 2 March 2025.

Mr. Yin Lei and Mr. Liao Chuanjun did not renew their visas, so Mr. Liu Shuai, Mr. Yin Lei, Mr. Liao Chuanjun and Mr. Zhong Bo and their concert parties no longer constituted a concert party relationship with each other.

Section 3 Purpose of Equity Change and Shareholding Plan

1. The purpose of this equity change

The change in equity is mainly due to the fact that some of the original concerted actors did not renew the agreement after the expiration of the agreement on concerted action of the information disclosure obligor, resulting in the proportion of shares held by the information disclosure obligor to 23.55%.

2. Share ownership plan for the next 12 months

The disclosure obligor has no clear plan, agreement or arrangement to increase or decrease its interest in the listed company in the next 12 months from the date of this report. If there is further change in the rights and interests of the information disclosure obligor, the information disclosure obligor will perform the information disclosure obligation in a timely manner in strict accordance with the provisions of relevant laws and regulations.

Section 4: Methods of Changes in Equity and Interests

1. The method of this equity change

The method of this equity change is as follows:

Mr. Zhong Bo, Mr. Xiao Shi, Mr. Liu Shuai, Mr. Yin Lei, Mr. Liao Chuanjun, Mr. Zhong Chao, Liao Yang

Mr. signed the Concert Agreement at the time of listing, which expired on March 2, 2024

During the period, Mr. Zhong Chao and Mr. Liao Yang did not renew and terminate the concerted action relationship, and Mr. Zhong Bo, Mr. Xiao Shi, Mr. Liu Shuai, Mr. Yin Lei and Mr. Liao Chuanjun signed the "Supplemental Agreement to the Concerted Action Agreement", which remained the same

The Supplemental Agreement to the Concerted Action Agreement will expire on March 2, 2025

After that, Mr. Liu Shuai, Mr. Yin Lei and Mr. Liao Chuanjun will no longer sign the Supplemental Agreement to the Concerted Action Agreement (II). As a result, the combined shareholding ratio of Zhong Bo and the concert parties was reduced from 27.28% to 23.55%.

2. Before and after the change in equity, the number and proportion of shares in which the information disclosure obligor has an interest

Before change in equity:

Serial No. Name of Shareholder Number of Shares Held According to the total number of shares as of the time of disclosure of the report

(Share) Calculation of shareholding ratio (%)

1 Zhong Bo 13,153,554 18.79

2 Xiao Shi 3,058,523 4.37

3 Liu Shuai 1,465,923 2.09

4 Yin Lei 935,924 1.34

5 Chengdu XGIMI Enterprise Management Consulting Partnership 235,540 0.34

(Limited Partnership)

6 Liao Chuanjun 208,896 0.30

7 Chengdu Happy Rice Enterprise Management Consulting Partnership 37,418 0.05

Business (Limited Partnership)

Total: 19,095,778 27.28

After the change in equity:

Serial No. Name of Shareholder Number of Shares Held According to the total number of shares as of the time of disclosure of the report

(Share) Calculation of shareholding ratio (%)

1 Zhong Bo 13,153,554 18.79

2 Xiao Shi 3,058,523 4.37

3 Chengdu XGIMI Enterprise Management Consulting Partnership 235,540 0.34

(Limited Partnership)

4 Chengdu Happy Rice Enterprise Management Consulting Partnership 37,418 0.05

Business (Limited Partnership)

Total 16,485,035 23.55

1 Liu Shuai 1,465,923 2.09

2 Yin Lei 935,924 1.34

3 Liao Chuanjun 208,896 0.30

3. Restrictions on the rights of shares of listed companies held by the information disclosure obligor

As of the date of signing of this report, there is no restriction on the rights of the shares of the listed company held by the information disclosure obligor, including but not limited to the pledge and freezing of the shares.

4. The impact of this equity change on the control of the listed company

The controlling shareholder and actual controller of the company is still Mr. Zhong Bo, and the change in equity has not led to a change in the controlling shareholder and actual controller of the company, and the change in equity will not have an impact on the stability of the company's control.

Section 5 Trading of shares of listed companies within the previous six months

After self-examination, the information disclosure obligor did not have any other centralized trading of shares of listed companies through the securities trading system of the stock exchange within 6 months prior to the date of signing this report.

Section 6: Other major matters

As of the date of signing this report, the information disclosure obligor has truthfully disclosed the relevant information of the change in equity in accordance with the relevant regulations, and there is no other material information that the information disclosure obligor should disclose but has not disclosed in accordance with the law and relevant regulations.

Section 7: Documents for reference

1. Documents for reference

1. This report signed by the information disclosure obligor;

2. The business license or identity certificate of the legal person with the obligation to disclose information;

3. Supplement to the Agreement of Persons Acting in Concert (II).

2. The place where the documents are prepared for reference

This report and the above-mentioned documents are available at the domicile of the listed company for investors' enquiries.

Disclosure Obligor Statement

I (and the organization I represent) undertake that there are no false records, misleading statements or material omissions in this report, and I assume individual and joint legal responsibility for its authenticity, accuracy and completeness.

Information Disclosure Obligor 1 Zhong Bo (Signed):

Information Disclosure Obligor 2 Chengdu XGIMI Enterprise Management Consulting Partnership (Limited Partnership) (Seal): Information Disclosure Obligor 3 Chengdu Happy Rice Enterprise Management Consulting Partnership (Limited Partnership) (Seal): Information Disclosure Obligor 4 Xiao Shi (Signature):

Date of signing: February 28, 2025

Schedule: Short Form Report on Changes in Equity

Basic information

Name of listed company: XGIMI Technology Co., Ltd. The location of the listed company is Chengdu, Sichuan Province

Stock abbreviation: XGIMI Technology, stock code: 688696

Zhong Bo, Chengdu XGIMI Enterprise Management Consulting

Name of Information Disclosure Obligor Partnership (Limited Partnership), Chengdu Open Information Disclosure Obligor Chengdu Chengdu, Sichuan Province

Symmetry Rice Flower Enterprise Management Consulting Partnership Registered place/domicile

(Limited Partnership), Xiao Shi

Number of shares with interest Increase □ decrease ? Are there any concerted actors?

The change in volume remains the same, but the change in the shareholder □ no □

What is the information disclosure obligor? Who is the information disclosure obligor?

No, No, No, □No, No, No, No, □No,

Major shareholder: The actual controller

Transfer of □ through a centralized trading □ agreement on a stock exchange

The method of change of equity (can be administrative transfer or change of state-owned shares□ indirect transfer □

Multiple Choice) Acquisition of new shares issued by a listed company □ Enforcement of the □ of the court's ruling

Inherit □ gift to □

Other? (Dissolution of Concerted Action Relationship)

Information disclosure obligor Phi Stock type: RMB ordinary shares

Number of shares in which the information disclosure obligor and the original persons acting in concert with Liu Shuai, Yin Lei and Liao Chuan held a total of 19,095,778 shares of the listed company

Proportion of issued shares of the company Shareholding ratio: 27.28%

After this equity change, stock type: RMB ordinary shares

Number of shares held by the information disclosure obligor: 16,485,035 shares, and the number of shares with equity will no longer be combined with the shares of Liu Shuai, Yin Lei and Liao Chuanjun Shareholding ratio: 23.55%

and the percentage of change

Owned in a public company When: February 18, 2025 to February 28, 2025

The method of change of equity shares: after the expiration of the concert agreement, some of the original concert parties will not be renewed

When and how

Has the information been fully disclosed Yes □ No □ Not applicable ?

Source of gold

The Disclosure Obligor Yes Yes □ No □ Not applicable ?

No in the next 12 months The disclosure obligor has not yet made clear plans, agreements or arrangements to increase it in the next 12 months

continue to increase its holdings in the Municipal Company. If there is a change in the relevant rights and interests in the future, the information disclosure obligor will:

Fulfill information disclosure obligations in strict accordance with relevant regulations.

The information disclosure obligor is in

Was the previous 6 months in Yes □ No?

The secondary market is bought and sold

Stocks of municipal corporations

Where the controlling shareholder or actual controller of a listed company is involved in reducing its shareholdings, the information disclosure obligor shall also explain the following contents:

The controlling shareholder or actual control

Is there a Yes □ No □ Not applicable when reducing the holdings?

In the infringement of listed companies and

Shareholder equity issues

The controlling shareholder or actual control

Whether it exists when the person reduces his holdings

In the outstanding it is □ no □ not applicable to the company?

Liabilities that have not been discharged (if yes, please specify the specific situation)

Division for its liabilities

warranty, or damage to the public

other circumstances of the interests of the Division

Is this change □ no□ not applicable?

Approval is required

Has it been approved Yes □ No □ Not applicable ?

(There is no text below this page)

(There is no text on this page, it is the signature page of the "XGIMI Technology Co., Ltd. Simplified Equity Change Report") Information disclosure obligor 1 Zhong Bo (signed):

Information Disclosure Obligor 2 Chengdu XGIMI Enterprise Management Consulting Partnership (Limited Partnership) (Seal): Information Disclosure Obligor 3 Chengdu Happy Rice Enterprise Management Consulting Partnership (Limited Partnership) (Seal): Information Disclosure Obligor 4 Xiao Shi (Signature):

Date of signing: February 28, 2025