Stock code: 688036 Stock abbreviation: Transsion Holdings Announcement No.: 2025-005

Shenzhen Transsion Holdings Co., Ltd

Announcement on the adjustment of core technical personnel

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.

Important Content Notes:

●Xiao Ming and Liu Shichao, the core technical personnel of Shenzhen Transsion Holdings Co., Ltd. (hereinafter referred to as the "Company"), were no longer recognized as the core technical personnel of the Company due to the adjustment of their job responsibilities and Lu Weifeng went to work in a non-holding joint venture company due to job transfer.

●The company comprehensively considered the position of R&D personnel, technical experience, main intellectual property rights and other related factors, and newly identified Chen Tingbo and Wang Haitao as the company's core technical personnel.

●The adjustment of core technical personnel will not adversely affect the company's R&D management, production and operation.

First, the specific situation of the adjustment of core technical personnel

The company's core technical personnel Xiao Ming and Liu Shichao were adjusted due to job responsibilities, and Lu Weifeng went to work in a non-holding joint venture company due to work transfer, and the three were no longer recognized as the company's core technical personnel. The company comprehensively considered the position of R&D personnel, technical experience, main intellectual property rights and other related factors, and newly identified Chen Tingbo and Wang Haitao as the company's core technical personnel.

(1) The situation of the original core technical personnel

1. Basic information

Xiao Ming, born in 1974, has worked in Dexin Wireless Communication Technology (Shanghai) Co., Ltd., Shanghai Ruilaike Communication Technology Co., Ltd. and other companies, and has been working in the company since August 2014.

Lu Weifeng, born in 1976, worked in Shanghai Research Institute of Shenzhen Huawei Technologies Co., Ltd. and Shanghai Rui

He has been working in the company since September 2014.

Liu Shichao, born in 1981, has worked in Siemens (China) Co., Ltd., Tencent Technology (Shenzhen) Co., Ltd., Shenzhen Gionee Communication Equipment Co., Ltd. and other companies, and has been working in the company since November 2016.

2. Patents

The intellectual property rights obtained by the company's R&D projects participated by the above-mentioned personnel during their tenure are all job results, and the ownership belongs to the company, and there are no relevant intellectual property disputes, nor do they affect the integrity of the company's patents and other intellectual property rights.

3. Performance of confidentiality agreements

The company signed the "Labor Contract" and the "Confidentiality Agreement" with Xiao Ming, Lu Weifeng and Liu Shichao respectively, and made clear provisions on the rights and obligations such as confidentiality content and non-competition restrictions. As of the disclosure date of this announcement, the company has not found any relevant circumstances related to the violation of the agreement.

(2) The newly designated core technical personnel

The company comprehensively considered Chen Tingbo and Wang Haitao's position, technical experience, main intellectual property rights and other relevant factors, and identified them as the company's core technical personnel. The basic situation is as follows:

1. Chen Tingbo, born in 1983, has worked in Shenzhen Meige Industrial Design Co., Ltd., Jiekai Communication (Shenzhen) Co., Ltd., Motorola (Beijing) Mobile Technology Co., Ltd. and other companies, and has been working in the company since 2015, and is currently the director of the R&D office.

2. Wang Haitao, born in 1974, has worked in Feitu Communication Co., Ltd., Shenzhen Gionee Communication Equipment Co., Ltd., etc., and has been working in the company since 2015, and is currently the deputy general manager of the hardware engineering department.

2. The impact of the adjustment of core technical personnel on listed companies

Through long-term adherence to technological innovation and accumulation, the company has established a complete R&D system through platform construction. The company attaches great importance to the cultivation of technical talents, and has formed a mature ability to continue to innovate

Professional R&D team with a good talent echelon foundation. As of June 30, 2024, the public

The company has a total of 3,656 R&D personnel, accounting for 19.89% of the company's total number. The current technology of the company

R&D and daily operations are progressing in a normal and orderly manner. The company's existing R&D team and core technical personnel have a complete structure and sufficient reserve personnel, which can support the continuous research and development of the company's core technologies in the future. Before and after this change, the company's core technical personnel are as follows:

Time The name of the core technical personnel

Before this adjustment, Xiao Ming, Wang Haibin, Lu Weifeng, Liu Shichao

After this adjustment, Wang Haibin, Chen Tingbo, Wang Haitao

3. Measures taken by the Company

As of the disclosure date of this announcement, the adjustment of the work content of the company's relevant core technical personnel has been completed, and the current technical R&D team structure is complete, the R&D management system is sound, and the company's various R&D projects are progressing in an orderly manner. The company attaches great importance to the continuous R&D and innovation of core technologies and products, continuously improves the core competitiveness of the company's products, actively builds a solid R&D talent echelon, and continuously improves the company's technological innovation capabilities.

The announcement is hereby made.

Board of Directors of Shenzhen Transsion Holdings Co., Ltd

March 26, 2025