Securities code: 688297 Securities abbreviation: China UAV Announcement No.: 2025-009

AVIC (Chengdu) Unmanned Aerial Systems Co., Ltd

Announcement on the Company's 2025 Expected Daily Related Party Transactions

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.

Important Content Notes:

This matter still needs to be submitted to the general meeting of shareholders of the company for deliberation.

The impact of daily related party transactions on the company: The expected related party transactions are necessary for the company's normal production and business activities, and are an important means for the company to rationally use resources and reduce operating costs, which has a positive impact on the company's long-term development. The pricing policy of each day-to-day related party transaction strictly follows the general commercial principles of openness, fairness, impartiality and equivalent compensation, which is conducive to the development of the Company's related business, does not harm the rights and interests of the Company and shareholders, and will not adversely affect the Company's ability to continue operations, profitability and asset independence.

1. Basic information on daily related party transactions

(1) Deliberation procedures for the performance of routine related-party transactions

AVIC (Chengdu) Unmanned Aircraft Systems Co., Ltd. (hereinafter referred to as the "Company") on March 28, 2025

The 26th meeting of the 5th board of directors and the 14th meeting of the 5th board of supervisors were held on Sunday, and the "Proposal on the Company's 2025 Daily Related Party Transaction Estimate" was deliberated and approved; When the board of directors of the company deliberated on the proposal, the affiliated directors Zhang Xiaojun, Cheng Zhong, Zhou Wei and Zhang Xin abstained from voting, and the non-affiliated directors attending the meeting unanimously agreed to the proposal. When the board of supervisors of the company deliberated on the proposal, the supervisors present at the meeting unanimously agreed to the proposal. The deliberation process of this motion is in accordance with the provisions of relevant laws and regulations.

The proposal was deliberated at the special meeting of the independent directors, and all the independent directors unanimously agreed to submit the proposal to the board of directors for deliberation, and formed the following opinions: the annual daily related party transactions are expected to be carried out in accordance with the company's 2025 production and operation plan, in order to ensure the company's normal production and operation activities, and the related party transactions involved will not affect the company's independence. The pricing principles of related-party transactions are fair and reasonable, in line with market principles, and in accordance with the provisions of relevant laws and regulations

The authority is legitimate, and there is no harm to the interests of the company and its shareholders, especially small and medium-sized shareholders. Agreed to move the company to 2025

The matters expected for the annual routine related party transactions shall be submitted to the Board of Directors for deliberation as proposals.

The Audit and Risk Control Committee of the Board of Directors issued a prior audit opinion: the company's daily related party transactions in 2024

The bank did not exceed the estimated amount, and fulfilled the legal procedures, reflecting the principles of integrity, fairness and justice, and there was no damage

Acts that harm the interests of the company and shareholders, especially small and medium-sized shareholders. The 2025 annual routine related party transactions are based on the company's 2025

The annual production and operation plan is calculated to meet the company's normal production and operation activities, and the related party transactions involved are excluded

The independence of the company. The decision-making authority of related party transactions is in accordance with relevant laws, regulations, normative documents and the Articles of Association.

Relevant provisions of the "Related Party Transaction Management System". The pricing principles of related-party transactions are fair and reasonable, and conform to market principles.

There is no harm to the interests of the company and its shareholders, especially small and medium-sized shareholders. The Audit and Risk Control Committee of the Board of Directors agreed

and agreed to submit it to the Board for consideration.

The expected matters of this daily related party transaction still need to be submitted to the general meeting of shareholders for deliberation, and related shareholders need to abstain from voting.

(2) The estimated amount and category of routine related party transactions in 2025

Unit: 10,000 yuan

From the beginning of the year to this estimated amount

2025 Expected Disclosure Date and Relation 2024 Actual Proportion of Similar Kind and Actual Issuance of the Previous Year

Category of related party transaction Related party Amount of related party Business Ratio Cumulative amount of related party Amount of business proportion Difference of business amount

Example (%) Transaction Occurrence Example (%) Reason for the large

amount

China Airlines

Industrial Group

Sourcing from related parties limited liability company according to market conditions

Goods, Accepted Services (140,000.00 40.00 18,668.21 93,643.23 39.07 Forecast increase in production

Called "AVIC."

industry") and its

Subordinate enterprises

Sale to related parties AVIC according to market conditions

Goods, services provided and subordinate 140,000.00 45.00 22,640.73 58,547.40 85.44 Forecast

enterprise

In the financial relations of AVIC according to the operating forecast

The company's deposits Group Finance 200,000.00 / 103,353.33 115,423.18 / Cash flow situation changes

(Note: The maximum daily limit of liability is limited.)

Deposit Balance) company

Total 480,000.00 / 144,662.27 267,613.81 / /

Note: The proportion of the estimated amount in 2025 in the above table is based on the current business development

Estimate.

(3) The forecast and implementation of routine related-party transactions in 2024

Unit: 10,000 yuan

Estimated in 2024 Actual amount in 2024 and actual issuance

Category of related party transaction Related party Amount Amount Amount There is a large difference in the amount of the generated

cause

Procurement of goods from related parties, AVIC and its production tasks under 140,000.00 93,643.23 company

Accept the adjustment of the payment plan of the labor enterprise

Sale of goods to related parties, AVIC and its sales under 100,000.00 58,547.40 related parties of the Company are not

Provision of labor services to the enterprise and expectations

In the financial company of the related party AVIC Group Finance

Deposit (Note: Daily Supreme Service LLC 200,000.00 115,423.18 /

Deposit Balance)

Total 440,000.00 267,613.81 /

2. Basic information and affiliation of related parties

(1) Aviation Industry Corporation of China

1. Basic Information:

Company name: Aviation Industry Corporation of China

Founded on November 6, 2008

Unified Social Credit Code 91110000710935732K

The registered capital is 6,400,000 yuan

Legal representative: Zhou Xinmin

Residence: Building 19, Courtyard 5, Shuguang Xili, Chaoyang District, Beijing

Shareholding structure: 100% held by the State-owned Assets Supervision and Administration Commission of the State Council

operating state-owned assets within the scope of authorization of the State Council; Military Aircraft & Engines,

Research on guided weapons, military gas turbines, weapons and equipment supporting systems and products,

design, development, testing, production, sales, maintenance, guarantee and service;

Finance, leasing, general aviation services, transportation, medical care, engineering survey and design

investment and management of planning, engineering contracting and construction, real estate development and other industries; people

Aircraft and engines, airborne equipment and systems, gas turbines, automobiles and motorcycles

Trailers and engines (including parts), refrigeration equipment, electronic products, environmental protection equipment

Business scope Equipment, design, research, development, testing, production, sales of new energy equipment,

maintenance services; equipment leasing; engineering survey and design; engineering contracting and construction; house

real estate development and management; technology transfer and technical services related to the above businesses;

import and export business; technology development and sales of ships; engineering equipment technology development;

Technology development of new energy products. (Enterprises independently choose business projects in accordance with the law, open.)

development of business activities; Projects subject to approval in accordance with the law shall be approved after approval by relevant departments

quasi-content to carry out business activities; shall not engage in the city's industrial policy prohibitions and restrictions

business activities of similar projects. ）

2. Affiliation: The company is the controlling shareholder and actual controller of the company, which is in accordance with the "Shanghai Stock Exchange Section".

The circumstances of the affiliated relationship stipulated in the Rules for the Listing of Stocks on the Innovation Board constitute an affiliated relationship with the Company.

3. Ability to perform the contract: The related party is legally existing and operating normally, and is sufficient according to the financial status of the related party

Ability to perform the contract, and be able to strictly abide by the contract.

1. Basic Information:

Company name: AVIC Finance Co., Ltd

Founded on May 14, 2007

Unified Social Credit Code 91110000710934756T

The registered capital is RMB 395,138 million

Legal representative: Zhou Chunhua

Address: No. 10, East Third Ring Middle Road, Chaoyang District, Beijing

Aviation Industry Corporation of China holds 66.54%; AVIC Investment Holdings Co., Ltd

Shareholding structure: The company holds 28.16%; AVIC Xi'an Aircraft Industry Group Co., Ltd. holds the shares

3.64%； Guizhou Guihang Auto Parts Co., Ltd. holds 1.66% of the shares.

Licensed items: Corporate group finance company services. (Projects subject to approval in accordance with the law, by.)

Business scope Business activities can only be carried out after approval by relevant departments, and specific business projects are subject to relevant departments

The approval documents or licenses shall prevail) (shall not be engaged in the national and municipal industrial policies prohibited

and business activities of restricted projects. ）

2. Affiliation: The Company and the Company are both controlled by Aviation Industry Corporation of China (AVIC) and are in accordance with the Shanghai

The circumstances of the affiliated relationship stipulated in the Rules for the Listing of Stocks on the Science and Technology Innovation Board of the Stock Exchange constitute an affiliated relationship with the Company.

3. Ability to perform the contract: The related party is legally existing and operating normally, and has it according to the financial status of the related party

Full performance ability and strict compliance with the contract.

3. The main contents of daily related party transactions

The main contents of the Company's transactions with related parties are the purchase of goods, the acceptance of services, the sale of goods, the provision of services, and the deposit of goods to related parties.

The transactions between the company and its related parties are carried out in accordance with the principles of voluntariness, equality, mutual benefit, fairness and fairness. The transaction price is executed according to the fair market price; When there is no clear market price and government-guided price for the goods or services traded, the two parties to the transaction shall determine the transaction price through negotiation and sign the relevant related party transaction agreement to clarify the price of the related party transaction.

4. The purpose of day-to-day related party transactions and the impact on the listed company

The related party transactions between the Company and the above-mentioned related parties are necessary for the Company's normal production and business activities, and are an important means for the Company to rationally utilize resources and reduce operating costs, which have a positive impact on the Company's long-term development.

It is conducive to the development of the company's related business, and there is no damage to the rights and interests of the company and shareholders. The occurrence of the above transaction will not adversely affect the Company's ability to continue as a going concern, profitability and asset independence.

5. Verification opinions of the sponsor institution

The company's joint sponsors, China Securities Co., Ltd. and AVIC Securities Co., Ltd., issued verification opinions on the company's 2025 daily related party transaction estimates, believing that the expected daily related party transactions of China UAV in 2025 have been deliberated and approved by the special meeting of the board of directors and independent directors of China UAV, and need to be submitted to the company's general meeting of shareholders for deliberation, in line with the provisions of relevant laws and regulations. The day-to-day related matters and plans of the UAV are in line with the needs of normal business operations, do not harm the interests of listed companies and small and medium-sized shareholders, and will not have a material adverse impact on the independence of listed companies. The joint sponsors have no objection to the expected daily related party transactions of China UAV in 2025.

The announcement is hereby made.

Board of Directors of AVIC (Chengdu) Unmanned Aircraft Systems Co., Ltd

April 1, 2025