Securities code: 688772 Securities abbreviation: Zhuhai Guanyu Announcement No.: 2025-017

Conversion code: 118024 Conversion bond abbreviation: Guanyu conversion bond

Zhuhai Guanyu Battery Co., Ltd

Announcement of the results of shareholder reduction of shares

The board of directors, all directors and relevant shareholders 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:

Basic information on the holdings of major shareholders

Before the implementation of the shareholding reduction plan, Anyi Zhejiang Yinhuijia Investment Management Partnership (Limited Partnership) (hereinafter referred to as "Zhejiang Yinhuijia") held 89,636,900 shares of Zhuhai Guanyu Battery Co., Ltd. (hereinafter referred to as the "Company"), accounting for 7.95% of the company's total share capital (unless otherwise specified, the total share capital in this announcement refers to the current total share capital of 1,127,568,192 shares); Anyi Huijia Equity Investment Management Partnership (Limited Partnership) (hereinafter referred to as "Huijia Equity") holds 2,584,881 shares of the company, accounting for 0.23% of the company's total share capital.

The above-mentioned Zhejiang Bank Huijia and Huijia Equity are persons acting in concert, holding a total of 92,221,781 shares of the company before the implementation of the shareholding reduction plan, accounting for 8.18% of the company's total share capital.

The results of the implementation of the shareholding reduction plan

On December 5, 2024, the company disclosed the "Shares" on the Shanghai Stock Exchange (www.sse.com.cn).

Announcement of the East Share Reduction Plan", shareholders Zheyin Huijia and Huijia Equity intend to reduce their holdings of the company's shares by centralized bidding transactions and block transactions by no more than 22,545,725 shares, that is, no more than 2.00% of the company's total share capital (1,127,286,261 shares) on the disclosure date of the announcement.

On February 8, 2025, the www.sse.com.cn Company disclosed the "About

Indicative announcement that the change in shareholders' equity holding more than 5% of the total shares reaches 1%", the company on February 7, 2025

Received the "Notification Letter on Equity Changes Touching 1%" from Zhejiang Bank Huijia and Huijia Equity, January 2025

From 10 to February 6, 2025, the above-mentioned shareholders will reduce their holdings of the company's shares through centralized auction transactions

2,584,881 shares; Between April 28, 2023 and June 6, 2024, due to the fact that the company can convert the company

The total share capital of the Company increased from 1,121,855,747 shares to 1,127,286,261 shares, resulting in the passive dilution of the equity shareholding ratio of Zhejiang Bank Huijia and its concerted actor Huijia. The combination of the above-mentioned factors resulted in the total equity of Huijia and Huijia acting in concert with it

The shareholding ratio changed from 8.22% to 7.95%, a change of 0.27 percentage points, touching the whole figure of 1%.

Fold.

On March 26, 2025, the company received the "Implementation of the Share Reduction Plan" from Zhejiang Bank Huijia and Huijia Equity

Shi Completion Notification Letter", from December 27, 2024 to March 26, 2025, Zhejiang Yin Huijia has not decreased

Holding the company's shares, Huijia Equity reduced its holdings by 2,584,881 shares through centralized bidding transactions, accounting for 0.23% of the company's total share capital.

1. The basic situation of the subject before the reduction

Name of Shareholder: Anyi Zhejiang Yinhuijia Investment Management Partnership (Limited Partnership)

Controlling Shareholder, Actual Controller and Person Acting in Concert □Yes √ No

Shareholder Identity Shareholders who directly hold more than 5% of the shares √Yes □ No

Directors, supervisors and senior management □ Yes √ No

Other: None

The number of shares held is 89,636,900 shares

Shareholding 7.95%

Current source of shares acquired before IPO: 89,636,900 shares

Name of Shareholder: Anyi Huijia Equity Investment Management Partnership (Limited Partnership)

Controlling Shareholder, Actual Controller and Person Acting in Concert □Yes √ No

Shareholder Identity Shareholders who directly hold more than 5% of the shares □ Yes √ No

Directors, supervisors and senior management □ Yes √ No

Others: Shareholders holding more than 5% of the shares in conjunction with persons acting in concert

The number of shares held is 2,584,881 shares

Shareholding 0.23%

Current source of shares acquired before IPO: 2,584,881 shares

There are persons acting in concert with the above-mentioned shareholding reduction entities:

The number of holdings is formed in concert with the formation of the relationship

Name of shareholder Percentage of shareholding

(shares) causes

Group 1 Anyi Zhejiang Yinhuijia 89,636,900 7.95% Zhejiang Yinhuijia and Huijia equity

The managing partners of the investment management partnership are

Enterprise (Limited Partnership: Beijing Oriental Huijia Fund

Partner) Management Co., Ltd

Anyi Huijia Equity 2,584,881 0.23%

Investment Management Partnership

Enterprise (Limited Partnership

Gang)

Total 92,221,781 8.18% —

Second, the results of the implementation of the shareholding reduction plan

(1) Major shareholders and directors, supervisors and senior executives disclose the results of the implementation of the shareholding reduction plan due to the following matters:

The disclosed time range for reducing holdings expires

Name of Shareholder: Anyi Zhejiang Yinhuijia Investment Management Partnership (Limited Partnership)

Reduced the number of shares: 0 shares

The reduction period is December 27, 2024 ~ March 26, 2025

Reduction method and corresponding number of reductions Block trading reduction, 0 shares

Volume Concentrated auction reduction, 0 shares

The price range of the reduction is 0~0 yuan/share

The total amount of the reduction is 0 yuan

Completion of the reduction Uncompleted: 19,960,844 shares

Reduction 0%

The original planned reduction ratio does not exceed 1.7707%

The current number of shares held is 89,636,900 shares

Current shareholding 7.95%

Name of Shareholder: Anyi Huijia Equity Investment Management Partnership (Limited Partnership)

2,584,881 shares

The reduction period is January 10, 2025 ~ February 6, 2025

The method of reducing holdings and the corresponding number of reductions

Volume Concentrated auction reduction, 2,584,881 shares

The price range of the reduction is 15.90~17.17 yuan/share

The total amount of the reduction was 42,158,996.05 yuan

Completion of the reduction Completed

Reduction 0.2292%

The original plan to reduce the shareholding ratio does not exceed 0.2293%

The current number of shares held is 0 shares

Current shareholding 0%

Note: 1. The proportional penny difference in the above table is due to rounding;

2. The reduction ratio is calculated according to the proportion of the number of shares to the company's current total share capital of 1,127,568,192 shares;

3. The proportion of the original planned shareholding reduction is calculated based on the company's total share capital of 1,127,286,261 shares at the time of the announcement of the shareholding reduction plan.

(2) Whether the actual shareholding reduction is consistent with the previously disclosed shareholding reduction plan and commitment √ yes or □no

(3) Whether the shareholding reduction has not been implemented □ has not been implemented √ has been implemented upon the expiration of the time period for the reduction

(4) Whether the actual reduction has not reached the minimum number (proportion) of the shareholding reduction plan, □ has not been reached, √ has been reached

(5) Whether to terminate the shareholding reduction plan ahead of schedule □Yes √ No

The announcement is hereby made.

Board of Directors of Zhuhai Guanyu Battery Co., Ltd

March 27, 2025