Securities code: 688525 Securities abbreviation: BIWIN Storage Announcement No.: 2025-006

Shenzhen BIWIN Storage Technology Co., Ltd

About the application for the issuance of A shares to specific targets in FY2023

Announcement of the China Securities Regulatory Commission agreeing to the registration approval

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.

Shenzhen BIWIN Storage Technology Co., Ltd. (hereinafter referred to as the "Company") recently received the "Approval on Agreeing to the Registration of Shenzhen BIWIN Storage Technology Co., Ltd. to Issue Shares to Specific Objects" (Zheng Jian Xu Xu Xu [2025] No. 447) (hereinafter referred to as the "Approval Document") issued by the China Securities Regulatory Commission, and the content of the approval document is hereby announced as follows:

1. Agree to your company's registration application for issuing shares to specific targets.

2. Your company's issuance should be implemented in strict accordance with the application documents and issuance plan submitted to the Shanghai Stock Exchange.

3. This reply shall be valid for 12 months from the date of consent to registration.

4. From the date of consent to registration to the end of the issuance, if any major event occurs in your company, it should be reported to the Shanghai Stock Exchange in a timely manner and dealt with in accordance with the relevant regulations.

The board of directors of the company will, in accordance with the requirements of the above-mentioned approval documents and relevant laws and regulations, as well as the authorization of the general meeting of shareholders of the company, handle the relevant matters related to the issuance of shares to specific targets within the specified time limit, and timely perform the information disclosure business, please pay attention to the investment risks.

The contact information of the issuer and the sponsor (lead underwriter) of the A-share issuance to a specific target is as follows:

1. Issuer: Shenzhen BIWIN Storage Technology Co., Ltd

Contact Department: Office of the Board of Directors

Contact number: 0755-27615701

E-mail: ir@biwin.com.cn

2. Sponsor (lead underwriter): Huatai United Securities Co., Ltd

Contact Department: Equity Capital Markets Department

Contact number: 0755-81902089, 0755-81902091

E-mail: htlhecm@htsc.com

The announcement is hereby made.

Board of Directors of Shenzhen BIWIN Storage Technology Co., Ltd

March 18, 2025