Stock code: 688299 Stock abbreviation: Changyang Technology Announcement No.: 2025-016

Ningbo Changyang Technology Co., Ltd

Notice on the convening of the third extraordinary general meeting of shareholders in 2025

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 the announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

Date of the General Meeting of Shareholders: April 16, 2025

The online voting system adopted by the general meeting of shareholders: online voting of the general meeting of shareholders of the Shanghai Stock Exchange

system

1. Basic information on the convening of the meeting

(1) The type and session of the general meeting of shareholders

Third Extraordinary General Meeting of Shareholders in 2025

(2) Convener of the general meeting of shareholders: the board of directors

(3) Voting method: The voting method adopted by the general meeting of shareholders is a combination of on-site voting and online voting

(iv) The date, time and place of the on-site meeting

Date and time: April 16, 2025 at 14:00

Location: Conference room on the first floor of the company, No. 999 Qingfeng Road, Jiangbei District, Ningbo City

(5) The system, start and end dates and voting times of online voting.

Online voting system: the online voting system of the general meeting of shareholders of the Shanghai Stock Exchange

Online voting: April 16, 2025

Until April 16, 2025

The Shanghai Stock Exchange network voting system is adopted, and the voting time through the voting platform of the trading system is shares

The trading hours on the day of the General Meeting are 9:15-9:25, 9:30-11:30, 13:00-15:00, and the voting time through the Internet voting platform is 9:15-15:00 on the day of the General Meeting.

(6) Voting procedures for margin trading, refinancing, agreed repurchase business accounts and Shanghai-Hong Kong Stock Connect investors

Accounts related to margin trading, refinancing, agreed repurchase business, and Shanghai-Hong Kong Stock Connect investors shall be subject to the Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1 – Standardized Operation.

(7) Involving public solicitation of shareholders' voting rights

not

2. Matters to be considered by the meeting

The general meeting of shareholders deliberated on the proposal and the type of voting shareholder

Types of voting shareholders

Serial Number Name of the motion

Shareholders of A shares

Non-cumulative voting motions

"On Changing the Use of Part of the Repurchased Shares and Cancelling and Reduction

1 √

Proposal on registered capital》

"On the Change of the Company's Registered Capital<公司章程>, Amendment

2 √

The Motions》

1. Explain the time and media of disclosure of each proposal

The above proposals were deliberated by the second meeting of the fourth board of directors and the second meeting of the fourth board of supervisors of the company

Pass. For details, please refer to the Securities Daily and the website of the Shanghai Stock Exchange on April 1, 2025

(www.sse.com.cn).

2. Special Resolutions: Bills 1 and 2

3. Proposal for separate counting of votes for small and medium-sized investors: none

4. Proposals involving the recusal of related shareholders from voting: none

Name of related shareholders who should abstain from voting: None

5. Proposals involving the participation of preferred shareholders in voting: none

3. Precautions for voting at the general meeting of shareholders

(1) Shareholders of the Company who exercise their voting rights through the online voting system of the general meeting of shareholders of the Shanghai Stock Exchange can either log in to the voting platform of the trading system (through the trading terminal of the securities company designated for trading) or log in to the Internet voting platform (website: vote.sseinfo.com) to vote. If you log in to the Internet voting platform for the first time to vote, investors need to complete shareholder identity verification. For specific operations, please refer to the instructions on the website of the Internet voting platform.

(2) If the same voting right is repeated through on-site, the firm's online voting platform or other means, the result of the first vote shall prevail.

(3) Shareholders can only submit all proposals after they have voted on them.

4. Attendees of the meeting

(1) Shareholders of the Company registered in the Shanghai Branch of China Depository and Clearing Co., Ltd. at the close of the afternoon of the share registration date have the right to attend the general meeting of shareholders (see the table below for details) and may entrust proxies to attend the meeting and vote in writing. The nominee does not have to be a shareholder of the company.

Share Class Stock Code Stock Abbreviation Share Record Date

A-share 688299 Changyang Technology 2025/4/10

(2) Directors, supervisors and senior management of the company.

(3) Lawyers hired by the company.

(iv) Other personnel

5. Registration for the Conference

(1) Registration method

1. If the legal representative/executive partner of the enterprise shareholder appoints a representative to attend the general meeting of shareholders in person, he or she shall go through the registration formalities with his or her ID card, the identity certificate of the legal representative/executive partner, a copy of the business license of the enterprise (with the official seal), and a securities account card; If a shareholder of an enterprise entrusts an agent to attend the general meeting of shareholders, he or she shall go through the registration formalities with the agent's ID card, power of attorney (see Annex 1 for format), a copy of the business license of the enterprise (with the official seal), and a securities account card.

2. If a natural person shareholder attends the general meeting of shareholders in person, he or she shall register with his or her original ID card and securities account card; If the agent is entrusted, the original securities account card and a copy of the ID card, the original power of attorney (see Annex 1 for the format) and the original ID card of the trustee shall be presented for registration.

3. Non-local shareholders can register by letter or fax, the letter or fax shall be subject to the time of arrival at the company, and the name of the shareholder, the shareholder's account, contact address, zip code, and contact telephone number shall be indicated on the letter or fax, and a copy of the supporting materials listed in paragraph 1 and 2 above shall be attached, and the letter shall indicate the words "general meeting of shareholders", and the original shall be brought when attending the meeting, and the company does not accept telephone registration.

(2) The time and place of registration

Registration time: April 15, 2025 (9:00-12:00 a.m., 13:00-17:00 p.m.);

Registration location: Office of the Board of Directors of the Company, No. 999 Qingfeng Road, Jiangbei District, Ningbo City;

6. Other matters

1. Shareholders or agents attending the meeting shall pay for their own transportation, accommodation and expenses.

2. Shareholders attending the meeting should arrive at the meeting site half an hour in advance for sign-in.

3. Contact information for the meeting

Address: Office of the Board of Directors of the Company, No. 999, Qingfeng Road, Jiangbei District, Ningbo City

Zip code: 315000

Contact number: 0574-56205386

Fax: 0574-56205363

Contact: Zhang Yinhong, Tianzhuang

The announcement is hereby made.

Board of Directors of Ningbo Changyang Technology Co., Ltd

April 1, 2025

Attachment 1: Power of Attorney

Power of Attorney

Ningbo Changyang Technology Co., Ltd.:

I hereby entrust Mr. (Ms.) to attend on April 16, 2025 on behalf of my unit (or myself).

The third extraordinary general meeting of shareholders of your company in 2025 will be held on the day and exercise voting rights on your behalf.

Number of ordinary shares held by the delegator:

Number of preferred shares held by the client:

Principal Shareholder Account Number:

Serial Number Name of Non-cumulative Vote Proposal Agree Oppose Abstention

"Regarding the change of the purpose of part of the repurchased shares

1

Proposal on cancellation and reduction of registered capital》

Proposal on Changing the Registered Capital of the Company and Amending the > of the Articles of Association of the Company < 2

Signature (seal) of the principal: Signature of the trustee:

Trustee's ID Number: Trustee's ID Number:

Date of commission: YYYYYYYYYYYYYYYYYYYYYY

Remark:

The Trustee shall select one of the intentions of "Agree", "Oppose" or "Abstain" in the Power of Attorney and mark "√", and the Trustee shall have the right to vote according to his own wishes if the Principal does not make specific instructions in this Power of Attorney.