Securities code: 688777 Securities abbreviation: ZKTeco Announcement No.: 2025-007

SUPCON Technology Co., Ltd

About applying for a comprehensive credit line from a financial institution in 2025

and provide guarantees for the subsidiary

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:

Guarantor: Zhejiang SUPCON Automation Instrument Co., Ltd. (hereinafter referred to as "SUPCON Instrument"), Zhejiang SUPCON Software Technology Co., Ltd. (hereinafter referred to as "SUPCON Software"), SUPCON Technology (Fuyang) Co., Ltd. (hereinafter referred to as "SUPCON Fuyang"), Ningbo SUPCON Automation Technology Co., Ltd. (hereinafter referred to as "Ningbo SUPCON"), Zhejiang Gongziyi Network Co., Ltd. (hereinafter referred to as "Gongziyi"), Zhejiang SUPCON Park Intelligent Housekeeper Technology Co., Ltd. (hereinafter referred to as "SUPCON Intelligent Management"), Zhejiang SUPCON Weir Oil & Gas Technology Co., Ltd. (hereinafter referred to as "SUPCON Weir"), Zhejiang SUPCON Digital Intelligence Technology Co., Ltd. (hereinafter referred to as "SUPCON Digital Technology"), Zhejiang SUPCON Fluid Technology Co., Ltd. (hereinafter referred to as "SUPCON Fluid"), SUPCONTECHNOLOGY (HONGKONG) CO., LTD. (hereinafter referred to as "SUPCON Hong Kong"), SUPCONTECHNOLOGY (SINGAPORE) PTE. LTD. (HEREINAFTER REFERRED TO AS "SUPCOM"), SUPCONTECHNOLOGY (MALAYSIA) SDN. BHD（. SUPCON JAPAN CO., LTD. (hereinafter referred to as "SUPCON Japan"), HOBRé FOREIGN ENTERPRISELIMITED LIABILITY COMPANY (hereinafter referred to as "SUPCON Uzbekistan"), HOBRéINSTRUMENTS B.V. (hereinafter referred to as "HOBRé"), SUPCON TECHNOLOGY ( KAZAKHSTAN) LLP (HEREINAFTER REFERRED TO AS "KAZAKHSTAN"), SUPCONCANADAINC. (HEREINAFTER REFERRED TO AS "CHINA CONTROL CANADA"), SUPCONINTERNATIONALBUSINESSPTE. LTD. (HEREINAFTER REFERRED TO AS "ZKON INTERNATIONAL OPERATIONS"), PTSUPCONTECHNOLOGYINDONESIA (HEREINAFTER REFERRED TO AS "ZPCON INDONESIA"), SUPCON SAUDI CO., LTD. (HEREINAFTER REFERRED TO AS "ZPCON SAUDI ARABIA").

The Company and its subsidiaries are expected to apply to financial institutions in 2025 for a total of no more than RMB

A comprehensive credit line of 12.05 billion yuan, in view of the above-mentioned credit matters, the company intends to be the subsidiary of the central control instrument, medium

The total amount of guarantee provided by SUPCON Software, SUPCON Fuyang, Ningbo SUPCON, Gongziyi, SUPCON Intelligent Management, SUPCON Weir, SUPCON Digital, SUPCON Fluid, SUPCON Hong Kong, SUPCON Singapore, SUPCON Malaysia, SUPCON Japan, SUPCON Uzbekistan, HOBRé, SUPCON Kazakhstan, SUPCON Canada, SUPCON International Operations, SUPCON Indonesia, SUPCON Saudi Arabia, etc., shall not exceed RMB 1.86 billion, and the guarantee shall be in the form of joint and several liability guarantee. As of the disclosure date of this announcement, the balance of external guarantees of the company and its subsidiaries within the scope of consolidated statements was 524.8185 million yuan.

If the guarantor fails to provide a counter-guarantee, the company has no overdue external guarantee;

The guarantee is still subject to submission to the general meeting of shareholders for consideration.

1. Overview of the guarantee

SUPCON Technology Co., Ltd. (hereinafter referred to as |" company" or "ZKTeco") in 2025 3

On January 29, the 11th meeting of the 6th Board of Directors and the 10th meeting of the 6th Board of Supervisors were held, and the "Proposal on Applying for Comprehensive Credit Line from Financial Institutions and Providing Guarantees for Subsidiaries in 2025" was deliberated and approved. According to the capital needs of the company's 2025 production and operation and investment plan, in order to ensure the smooth progress of the company's production and operation, the company and its subsidiaries are expected to apply for a comprehensive credit line of no more than RMB 12.05 billion from financial institutions in 2025, and the details of the credit and external guarantee lines that the company and its subsidiaries intend to apply for in 2025 are as follows:

Credit Entity and Listed Company Credit Line Guarantee Line Guarantor

Relationship (10,000 yuan) (10,000 yuan)

SUPCON Technology Co., Ltd. Headquarters 1,000,000 - -

Zhejiang SUPCON Automation Instrument Co., Ltd. Wholly-owned subsidiary 10,000 10,000

Zhejiang SUPCON Software Technology Co., Ltd. Wholly-owned subsidiary 4,000 4,000

ZKTeco (Fuyang) Co., Ltd. Wholly-owned subsidiary 5,000 5,000

Ningbo ZKTeco Automation Technology Co., Ltd. Wholly-owned subsidiary 2,000 2,000

Zhejiang Gongziyi Network Co., Ltd. Wholly-owned subsidiary 100,000 100,000

Zhejiang ZKTeco Park Intelligent Housekeeper Technology Co., Ltd. Wholly-owned subsidiary 5,000 5,000

Zhejiang Zhongkong Weir Oil & Gas Technology Co., Ltd. Wholly-owned subsidiary 5,000 5,000

Zhejiang Zhongkong Digital Intelligence Technology Co., Ltd. Wholly-owned subsidiary 2,000 2,000 Zhongkong

SUPCON TECHNOLOGY (HONG wholly owned subsidiary 2,000 2,000 technology

KONG) CO., LTD.

SUPCON TECHNOLOGY WHOLLY OWNED SUBSIDIARY 2,000 2,000

(SINGAPORE) PTE.LTD.

SUPCON TECHNOLOGY WHOLLY OWNED SUBSIDIARY 2,000 2,000

(MALAYSIA) SDN. BHD.

SUPCON JAPAN CO., LTD. Wholly owned subsidiary 1,000 1,000

"HOBRE" FOREIGN ENTERPRISE wholly owned subsidiary 1,000 1,000

LIMITED LIABILITY COMPANY

Credit Entity and Listed Company Credit Line Guarantee Line Guarantor

Relationship (10,000 yuan) (10,000 yuan)

HOBRéINSTRUMENTS B.V. Wholly owned subsidiary 5,000 5,000

SUPCON TECHNOLOGY WHOLLY OWNED SUBSIDIARY 2,000 2,000

(KAZAKHSTAN) LLP

SUPCON CANADA INC. Wholly owned subsidiary 1,000 1,000

SUPCON INTERNATIONAL WHOLLY OWNED SUBSIDIARY 22,000 22,000

BUSINESS PTE.LTD.

Zhejiang SUPCON Fluid Technology Co., Ltd. Holding subsidiary 10,000 10,000

SUPCON Innovation (Beijing) Energy Technology Co., Ltd. Holding Subsidiary 5,000 -

Zhejiang Zhihuiyuan Digital Technology Co., Ltd. Holding Subsidiary 5,000 -

SUPCON Quanshi Technology (Hangzhou) Co., Ltd. Holding Subsidiary 3,000 -

SUPCON Quanshi Technology (Ningbo) Co., Ltd. Holding Subsidiary 3,000 -

Bangnang (Beijing) Industrial Technology Co., Ltd. Holding Subsidiary 3,000 -

PT. SUPCON TECHNOLOGY HOLDING SUBSIDIARY 2,000 2,000

INDONESIA

SUPCON SAUDI CO.,LTD. Holding subsidiaries 3,000 3,000

Total 1,205,000 186,000

The Company provides joint and several liability guarantee for the comprehensive credit line of the above-mentioned wholly-owned and holding subsidiaries. It is valid from the date of approval of the 2024 Annual General Meeting of Shareholders to the date of the 2025 Annual General Meeting of Shareholders.

When the above-mentioned subsidiaries apply for credit from financial institutions, according to the needs of the company's actual business situation, they shall adjust and use within the total quota of the guarantee for different subsidiaries within the scope of the company's consolidated statements and the actual business development needs of the newly established holding subsidiaries and wholly-owned subsidiaries in the future within the authorization period and quota. The forms of credit include but are not limited to loans, acceptance bills, factoring, letters of guarantee, letters of credit, supply chain finance, international trade financing and foreign exchange derivatives transactions. The comprehensive credit line and specific business varieties are subject to the actual approval of the financial institution, and the credit line can be recycled during the authorization period.

At the same time, in order to improve work efficiency and handle financing business in a timely manner, the board of directors proposed to the general meeting of shareholders to authorize the chairman of the company and the personnel authorized by the chairman of the board of directors to review relevant matters and sign relevant contracts, vouchers and other documents according to the needs of the company's actual business situation and within the scope of the above-mentioned credit line.

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

2. The basic information of the guarantor

1. Central control instrument

Name: Zhejiang Central Control Automation Instrument Co., Ltd

Enterprise type: limited liability company (Taiwan, Hong Kong, Macao and domestic joint venture)

Date of Establishment: 2000-03-02

Registration location: D302-D309 area, No. 309, Liuhe Road, Puyan Street, Binjiang District, Hangzhou City, Zhejiang Province

Legal representative: Yu Liming

Registered capital: RMB 50.02 million

Business scope: general projects: intelligent instrument manufacturing; instrument manufacturing; manufacturing of industrial automatic control system devices; sales of intelligent instrumentation; instrumentation sales; sales of industrial automatic control system devices; Technical services, technology development, technical consultation, technology exchanges, technology transfer, and technology promotion (except for projects subject to approval in accordance with the law, independently carry out business activities with a business license in accordance with the law).

Relationship with listed companies: wholly-owned subsidiaries of the company

Main financial data (audited): As of December 31, 2024, total assets: 616.2881 million yuan, total liabilities: 212.2994 million yuan, net assets: 403.9887 million yuan. In 2024, it will achieve an operating income of 284.567 million yuan and a net profit of 71.1478 million yuan.

2. Central control software

Name: Zhejiang ZKTeco Software Technology Co., Ltd

Business type: Limited liability company (sole proprietorship of a legal person not invested or controlled by a natural person)

Date of Establishment: 2002-09-09

Registration location: 4th Floor, Zone D, SUPCON Science and Technology Park, No. 309 Liuhe Road, Binjiang District, Hangzhou

Legal representative: Gu Yong

Registered capital: RMB 40 million

Business scope: general projects: technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; instrumentation sales; retail of computer hardware and software and auxiliary equipment; sales of industrial automatic control system devices; technology import and export; import and export of goods; Wholesale of computer software and hardware and auxiliary equipment (except for projects subject to approval in accordance with the law, independently carry out business activities with a business license in accordance with the law). Licensed projects: Class II value-added telecommunications services (projects subject to approval in accordance with the law can only be carried out after approval by relevant departments, and specific business projects are subject to the approval results).

Relationship with listed companies: wholly-owned subsidiaries of the company

Main financial data (audited): As of December 31, 2024, total assets: 157.5443 million yuan, total liabilities: 115.3882 million yuan, net assets: 42.1561 million yuan. In 2024, it will achieve an operating income of 8,686.66

10,000 yuan, achieving a net profit of 3.6865 million yuan.

3. Central control Fuyang

Name: SUPCON Technology (Fuyang) Co., Ltd

Business type: Limited liability company (sole proprietorship of a legal person invested or controlled by a natural person)

Date of Establishment: 2008-03-07

Registration location: 3rd Floor, Building 7, No. 209, Golf Road, Dongzhou Street, Fuyang District, Hangzhou City, Zhejiang Province

Legal representative: Zhou Xigang

Registered capital: 60,000.00 RMB

Business scope: general projects: technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; manufacturing of industrial automatic control system devices; integrated circuit chip and product manufacturing; integrated circuit manufacturing; manufacturing of electronic special equipment; manufacturing of electronic components; cloud computing equipment manufacturing; sales of industrial automatic control system devices; retail of computer hardware and software and auxiliary equipment; integrated circuit sales; sales of electronic components and electromechanical components; sales of electronic products; Internet of Things technical services; Internet of Things application services; information system integration services; instrument manufacturing; instrumentation sales; intelligent instrumentation manufacturing; sales of intelligent instrumentation; intelligent control system integration; manufacturing of electrical signal equipment and devices; sales of electrical signal equipment and devices; technology import and export; import and export of goods; Property management (except for projects subject to approval in accordance with the law, independently carry out business activities with a business license in accordance with the law).

Relationship with listed companies: wholly-owned subsidiaries of the company

Main financial data (audited): As of December 31, 2024, total assets: 831.3823 million yuan, total liabilities: 202.1927 million yuan, net assets: 629.1896 million yuan. In 2024, it will achieve an operating income of 196.4914 million yuan and a net profit of 25.396 million yuan.

4. Ningbo Central Control

Name: Ningbo ZKTeco Automation Technology Co., Ltd

Business type: Limited liability company (sole proprietorship of a legal person not invested or controlled by a natural person)

Date of Establishment: 2018-06-07

Registration location: Room 9-3-2, 9th Floor, Area A, No. 1, Yongshuiqiao Science and Technology Innovation Center, Haishu District, Ningbo City, Zhejiang Province

Legal representative: Lin Jinyi

Registered capital: RMB 10 million

Business scope: wholesale and retail of automation master control equipment, fieldbus control system, safety instrument system and intelligent instrumentation and technical services, technology development, transfer of achievements, wholesale, retail and maintenance of industrial automation instrumentation, industrial control system, computer software, computer, electronic equipment and application software, import and export of self-operated and agent goods and technologies, except for the technology of goods restricted or prohibited by the state. (For projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments)

Relationship with listed companies: wholly-owned subsidiaries of the company

Main financial data (audited): as of December 31, 2024, total assets: 7.5188 million yuan, total liabilities: 8.596 million yuan, net assets: -1.0772 million yuan. In 2024, it will achieve an operating income of 21,800 yuan and a net profit of 54,100 yuan.

5. Work self-instrument

Name: Zhejiang Gongziyi Network Co., Ltd

Business type: Limited liability company (sole proprietorship of a legal person not invested or controlled by a natural person)

Date of Establishment: 2020-05-20

Registration location: Room 307, Building 2, No. 209, Golf Road, Dongzhou Street, Fuyang District, Hangzhou City, Zhejiang Province

Legal representative: Lin Weiqing

Registered capital: RMB 35,000,000

Business scope: general projects: technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; industrial Internet data services; computer system services; information system integration services; software development; sales of industrial automatic control system devices; sales of machinery and equipment; sales of mechanical and electrical equipment; Internet sales (except for the sale of goods that require a license); sales of chemical products (excluding licensed chemical products); sales of electrical equipment; instrumentation sales; sales of communication equipment; network equipment sales; wholesale of computer hardware and software and auxiliary equipment; sales of metal products; sales of metal materials; sales of metal tools; sales of fire-fighting equipment; wire and cable business; sales of pneumatic and power tools; security equipment sales; sales of special ceramic products; sales of labor protection products; sales of special labor protection equipment; sales of office supplies; sales of office equipment and consumables; sales of lighting fixtures; wholesale of hardware products; wholesale of electronic components; sales of refrigeration and air-conditioning equipment; sales of paints (excluding hazardous chemicals); lubricating oil sales; fastener sales; sales of electronic products; sales of building materials; sales of special packaging equipment; sales of special equipment for agricultural and sideline food processing; sales of special equipment for oil refining and chemical production; sales of special equipment for plastic processing; sales of pharmaceutical special equipment; sales of special equipment for pulp and paper making; sales of special equipment for feed production; sales of electronic special equipment; sales of metallurgical special equipment; Special equipment for semiconductor devices

Sale; sales of special equipment for environmental protection; sales of special equipment for rubber processing; sales of special equipment; sales of arts and crafts and ceremonial supplies (except ivory and its products); sales of knitted textiles; luggage sales; sales of household appliances; sales of household appliance spare parts; wholesale of sporting goods and equipment; cosmetics wholesale; sales of hygiene products and disposable medical supplies; sales of personal hygiene products; sales of daily necessities; sales of daily necessities; sales of paper products; wholesale of kitchenware, sanitary ware and daily necessities; furniture sales; sales of furniture spare parts; import and export of goods; technology import and export; import and export agency; Class I medical device sales; Class II medical device sales; repair of electrical equipment; general equipment repair; machinery and equipment leasing; computer and communication equipment rental; warehousing equipment leasing services; industrial design services; advertising design, agency; Advertising (except for projects subject to approval in accordance with the law, independently carry out business activities with a business license in accordance with the law). Licensed items: Category I value-added telecommunications services; Category II value-added telecommunications services; Internet information services; network culture management; electrical installation services; radio and television program production and operation; Internet sales of publications (projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments, and specific business projects are subject to the results of approval).

Relationship with listed companies: wholly-owned subsidiaries of the company

Main financial data (audited): As of December 31, 2024, total assets: 3044.6597 million yuan, total liabilities: 2675.5553 million yuan, net assets: 369.1044 million yuan. In 2024, it will achieve an operating income of 2946.5843 million yuan and a net profit of 9.8114 million yuan.

6. Central control intelligent management

Name: Zhejiang Central Control Park Intelligent Housekeeper Technology Co., Ltd

Business type: Limited liability company (sole proprietorship of a legal person not invested or controlled by a natural person)

Date of Establishment: 2020-05-20

Registration location: Room B215, Area B, No. 309, Liuhe Road, Puyan Street, Binjiang District, Hangzhou City, Zhejiang Province

Legal representative: Wu Caibao

Registered capital: RMB 80 million

Business Scope: Licensed Items: Technology Import and Export; import and export of goods; Import and export agency (projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments, and specific business projects are subject to the approval results). General projects: technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; park management services; information system integration services; sales of industrial automatic control system devices; instrumentation sales; sales of intelligent instrumentation; instrumentation repair; repair of special equipment; repair of electrical equipment; intelligent control system integration; information system operation and maintenance services; Internet of Things technical services; network technology services; Information Technology Consulting

Enquiry services; information consulting services (excluding licensed information consulting services); packaging services; Management; Wholesale of computer software and hardware and auxiliary equipment (except for projects subject to approval in accordance with the law, independently carry out business activities with a business license in accordance with the law).

Relationship with listed companies: wholly-owned subsidiaries of the company

Main financial data (audited): as of December 31, 2024, total assets: 94.036 million yuan, total liabilities: 11,400 yuan, net assets: 94.0246 million yuan. In 2024, it will achieve an operating income of 0.0 million yuan and a net profit of 13.9461 million yuan.

7. Central Control Weir

Name: Zhejiang Zhongkong Weir Oil & Gas Technology Co., Ltd

Business type: Limited liability company (sole proprietorship of a legal person not invested or controlled by a natural person)

Date of Establishment: 2022-06-17

Registration location: Room 763, Building 1, No. 10, Yueshuai Bridge, Gongshu District, Hangzhou City, Zhejiang Province

Legal representative: Ji Chengkun

Registered capital: 50 million yuan

Business scope: general projects: technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; engineering and technology research and experimental development; information system integration services; information system operation and maintenance services; project management services; information consulting services (excluding licensed information consulting services); software development; intelligent control system integration; technology import and export; import and export of goods; import and export agency; sales of intelligent instrumentation; instrumentation sales; sales of industrial automatic control system devices; sales of information security equipment; software sales; sales of electrical equipment; sales of mechanical and electrical equipment; sales of digital video surveillance systems; sales of industrial control computers and systems; sales of special equipment for oil drilling; sales of offshore engineering equipment; packaging services; sales of electronic products; electrical instrument manufacturing; manufacturing of industrial automatic control system devices; intelligent instrumentation manufacturing; information security equipment manufacturing; mechanical and electrical equipment manufacturing; manufacturing of special equipment (excluding licensed professional equipment manufacturing); manufacturing of deep-sea oil drilling equipment; manufacturing of special equipment for oil drilling and production; sales of deep-sea oil drilling equipment; R&D of machinery and equipment; network equipment sales; retail of computer hardware and software and auxiliary equipment; sales of marine energy systems and equipment; computer system services; computer hardware and software and peripheral equipment manufacturing; industrial control computer and system manufacturing; sales of special equipment; oil refining, chemical production special equipment manufacturing; sales of communication equipment; communication equipment manufacturing; cloud computing equipment sales; cloud computing equipment manufacturing; cloud computing equipment technical services; oil and gas technical services; Sewage treatment and recycling (except for projects subject to approval in accordance with the law, with a business license in accordance with the law.)

Carry out business activities independently). Permitted projects: construction projects; special equipment manufacturing; special equipment design; Installation, transformation and repair of special equipment (projects subject to approval in accordance with the law can only be carried out after approval by relevant departments, and specific business projects are subject to the approval results).

Relationship with listed companies: wholly-owned subsidiaries of the company

Main financial data (audited): As of December 31, 2024, total assets: 183.7679 million yuan, total liabilities: 145.2891 million yuan, net assets: 38.4788 million yuan. In 2024, it will achieve an operating income of 117.4787 million yuan and a net profit of 14.7053 million yuan.

8. ZKTeco Digital Technology

Name: Zhejiang ZKTeco Digital Intelligence Technology Co., Ltd

Business Type: Other Limited Liability Company

Date of Establishment: 2023-12-07

Registration location: Room 211, Area C, No. 309, Liuhe Road, Puyan Street, Binjiang District, Hangzhou City, Zhejiang Province

Legal representative: Chen Jiangyi

Registered capital: RMB 10,000,000

Business Scope: General Projects: Software Development; software sales; technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; information technology consulting services; Internet of Things technical services; Internet of Things technology research and development; Internet of Things application services; information system integration services; information system operation and maintenance services; security consulting services; data processing services; big data services; Internet data services; data processing and storage support services; Artificial Intelligence Theory and Algorithm Software Development; artificial intelligence application software development; network technology services; computer system services; wholesale of computer hardware and software and auxiliary equipment; Cloud computing equipment technical services (except for projects subject to approval in accordance with the law, independently carry out business activities with a business license in accordance with the law). Permitted projects: construction projects; Internet information services; Sales of special products for computer information system security (projects subject to approval in accordance with the law can only be carried out after approval by relevant departments, and specific business projects are subject to the approval results).

Relationship with listed companies: wholly-owned subsidiaries of the company

Main financial data (audited): As of December 31, 2024, total assets: 77.5688 million yuan, total liabilities: 5.5794 million yuan, net assets: 71.9894 million yuan. In 2024, it will achieve an operating income of 38.4794 million yuan and a net profit of -3.0105 million yuan.

9. Central control fluid

Name: Zhejiang SUPCON Fluid Technology Co., Ltd

Business Type: Other Limited Liability Company

Date of Establishment: 2010-03-30

Registration location: 1st floor, 6th building, 1st floor, 7th building, No. 209, Golf Road, Fuyang District, Hangzhou City, Zhejiang Province

Legal representative: Li Yijing

Registered capital: RMB 10,000,000

Business scope: general projects: technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; instrumentation sales; instrument manufacturing; sales of intelligent instrumentation; intelligent instrumentation manufacturing; valve and sales; valve and R&D; import and export of goods; general equipment repair; instrumentation repair; repair of electrical equipment; repair of special equipment; manufacturing of industrial automatic control system devices; sales of industrial automatic control system devices; General equipment manufacturing (excluding special equipment manufacturing) (except for projects subject to approval in accordance with the law, independently carry out business activities with a business license in accordance with the law).

Relationship with listed companies: the company holds 98.63% of the shares, and Ding Shaochun holds 1.37% of the shares.

Key Financial Data (Audited): Total assets as of December 31, 2024: 83,416.16

10,000 yuan, total liabilities: 441.6415 million yuan, net assets: 392.5201 million yuan. In 2024, it will achieve an operating income of 387.8956 million yuan and a net profit of 36.9477 million yuan.

10. Central Control Hong Kong

Name:SUPCON TECHNOLOGY (HONG KONG) CO., LTD.

Type of business: Private limited company

Date of Establishment: 2012-4-12

Place of registration: Unit 1510-17, 15/F TOWER 2 KOWLOON COMMERCE CENTRE

51 KWAI CHEONG ROAD KWAI CHUNG NT

Registered capital: 18 million Hong Kong dollars

Business scope: engage in trade of equipment and provision of repair and maintenance

service

Relationship with listed companies: wholly-owned subsidiaries of the company

Key financial data (audited): Total assets as of December 31, 2024: 75,475,500

yuan, total liabilities: 48.1673 million yuan, net assets: 27.3082 million yuan. In 2024, the operating income will be 194.46

10,000 yuan, and the net profit was -4.7813 million yuan.

11. ZPCON Singapore

Name:SUPCON TECHNOLOGY (SINGAPORE) PTE. LTD.

Type of business: Private limited company

Date of Establishment: 2020-04-28

REGISTERED LOCATION: 3 ANG MO KIO STREET 62 #01-62 LINK@AMK SINGAPORE

(569139)

Registered capital: 2 million US dollars

SCOPE OF BUSINESS: MANUFACTURE AND REPAIR OF PROCESS CONTROL

EQUIPMENT AND RELATED PRODUCTS

Relationship with listed companies: The company's wholly-owned subsidiary, the company's wholly-owned subsidiary, ZKTeco, holds 100% of the shares.

Main financial data (audited): As of December 31, 2024, total assets: 17.0162 million yuan, total liabilities: 35.7066 million yuan, net assets: -18.6904 million yuan. In 2023, it will achieve an operating income of 22.7529 million yuan and a net profit of -12.1225 million yuan.

12. ZPCON Malaysia

Name: SUPCON TECHNOLOGY (MALAYSIA) SDN. BHD.

Type of business: Private limited company

Date of Establishment: 2021-04-26

REGISTRATION LOCATION: PLAZA DAMANSARA, 45, JALAN MEDAN SETIA 1, BUKIT

DAMANSARA, 50490 KUALA LUMPUR W.P. KUALA LUMPUR MALAYSIA

Registered capital: 200,000 US dollars

Business scope: installation of process control instruments, test and measurement instruments, distributed control systems and related services provision.

Relationship with listed companies: The company's wholly-owned subsidiary, the company's wholly-owned subsidiary, ZKTeco, holds 100% of the shares.

Key financial data (audited): As of December 31, 2024, total assets: 31,982,400

yuan, total liabilities: 34.3628 million yuan, net assets: -2.3804 million yuan. In 2024, the operating income will be 876.24

10,000 yuan, and the net profit was -271,400 yuan.

13. Central Control Japan

Name:SUPCON JAPAN CO., LTD..

Business Type: Limited Liability Company

Date of Establishment: 2023-05-01

Place of registration: No. 7, 1-Ban, Kanato-cho, Kanagawa-ku, Yokohama

Capital: 320 million yen

Business scope: development, design, manufacturing, sales, leasing, construction, contracted repair, maintenance, import and export, testing and inspection of equipment, devices and system equipment; computer software development, sales and information services; biotechnology-related businesses; new materials related business; Import, export and sales agents of chemicals, chemical products, petroleum products, synthetic resins and their products, magnetic products, electronic industry products, as well as materials, machinery, equipment and devices, abrasive materials, textile products, paper, paper products, groceries, non-ferrous metals, precious metals, minerals, food and wine; Provide information and consultation on business management and industrial technology related to the above-mentioned projects.

Relationship with listed companies: The company's wholly-owned subsidiary, the company's wholly-owned subsidiary, ZKTeco, holds 100% of the shares.

Key financial data (audited): As of December 31, 2024, total assets: 9,022,700

yuan, total liabilities: 823,800 yuan, net assets: 8,198,900 yuan. In 2024, it will achieve an operating income of 94,400

yuan, and the net profit was -4.2354 million yuan.

14. Central control Uzbekistan

Name: HOBRéFOREIGN ENTERPRISE LIMITED LIABILITY COMPANY enterprise

Type of business: Limited liability company

Date of Establishment: 2023-04-03

Place of registration: Republic of Uzbekistan, Tashkent, Mirzo-Ulugbek district, Buyuk

Ipak Yuli massif, house-45 "B"

Registered capital: 600,000 US dollars

Business scope: retail trade

Relationship with listed companies: The company's wholly-owned subsidiary, SUPCON International holds 99% of the shares, and SUPCON Hong Kong holds 1% of the shares.

Key financial data (audited): As of December 31, 2024, total assets: 3,896,700

yuan, total liabilities: 30,600 yuan, net assets: 3,866,100 yuan. In 2024, the operating income will be 00,000 yuan,

The net profit was -74,500 yuan.

15、HOBRé

Name:HOBRéINSTRUMENTS B.V.

Type of business: Private limited company

Date of Establishment: 2014-06-24

Place of registration: Netwerk 4, 1446WK Purmerend

Capital: 45,000 euros

Business scope: Mainly engaged in the design, manufacturing, marketing, service and maintenance of online analyzers, sample systems and integrated product solutions, mainly used in chemical and petrochemical, gas transportation, upstream oil and gas industries.

Relationship with listed companies: The company's wholly-owned subsidiary, the company's wholly-owned subsidiary, ZKTeco, holds 100% of the shares.

Key Financial Data (Audited): Total Assets as of December 31, 2024: 19,781.34

10,000 yuan, total liabilities: 93.9334 million yuan, net assets: 103.88 million yuan. In 2024, it will achieve an operating income of 261.8725 million yuan and a net profit of 17.6568 million yuan.

16. Central Control Kazakhstan

NAME: SUPCON TECHNOLOGY (KAZAKHSTAN) LLP

Type of business: Private limited company

Date of Establishment: 2023-10-27

Place of registration: Kazakhstan, Almaty city, Turksibsky District, 61 Spasskaya St., apt.

63, postal code 050000

Registered capital: 1 million US dollars

Business scope: sales of automatic control systems, instruments, third-party equipment and engineering tasks

Relationship with listed companies: The company's wholly-owned subsidiary, the company's wholly-owned subsidiary, ZKTeco, holds 100% of the shares.

Key financial data (audited): As of December 31, 2024, total assets: 7,135,900

yuan, total liabilities: 949,600 yuan, net assets: 6,186,300 yuan. In 2024, the operating income will be 00,000 yuan,

The net profit was -932,400 yuan.

17. Central Control Canada

Name: SUPCON CANADA INC..

Enterprise type: Company limited by shares

Date of Establishment: 2023-07-13

Place of Registration: 600-12220 Stony Plain Rd NW, Edmonton

Registered capital: 1,000,000 Canadian dollars

Business scope: industrial software, automation control systems, instruments, third-party equipment sales and engineering services, training.

Relationship with listed companies: The company's wholly-owned subsidiary, the company's wholly-owned subsidiary, ZKTeco, holds 100% of the shares.

Key financial data (audited): As of December 31, 2024, total assets: 2,258,700

yuan, total liabilities: 8,600 yuan, net assets: 2,250,100 yuan. In 2024, the operating income will be 00,000 yuan,

The net profit was -1.5335 million yuan.

18. ZKTeco International Operations

Name:SUPCON INTERNATIONAL BUSINESS PTE. LTD.

Type of business: Private limited company

Date of Establishment: 2024-02-08

REGISTRATION LOCATION: 1 FUSIONOPOLIS LINK #03-04 NEXUS @ONE-NORTH

SINGAPORE (138542)

Registered capital: 10,000,000 US dollars

Business scope: software and application development (except for games and network security); Software and hardware retail and equipment retail (except gaming and cyber security)

Relationship with listed companies: The company's wholly-owned subsidiary, the company's wholly-owned subsidiary, ZKTeco, holds 100% of the shares.

Key Financial Data (Audited): Total assets as of December 31, 2024: 71,429.09

10,000 yuan, total liabilities: 3.7739 million yuan, net assets: 710.517 million yuan. In 2024, the operating income will be 9.4493 million yuan and the net profit will be -5.336 million yuan.

19. Central Control Indonesia

Name: PT SUPCON TECHNOLOGY INDONESIA

Type of business: Private limited company

Date of Establishment: 2021-09-30

REGISTERED AT: SUITE 4008, JL TANJUNG DUREN SELATAN, GROGOL

PETAMBURANKOTA ADM. JAKARTA BARAT DKI JAKARTA

Registered capital: IDR 10,000,000,000

Business scope: sales of automatic control systems, instruments, third-party equipment and engineering tasks

Relationship with listed companies: The company's holding subsidiary, the company's wholly-owned subsidiary, ZPCON International, holds 99.998% of the shares, and LI XUN holds 0.002% of the shares.

Key financial data (audited): As of December 31, 2024, total assets: 19,898,700

yuan, total liabilities: 20.3359 million yuan, net assets: -437,200 yuan. In 2024, the operating income will be 961,200 yuan, and the net profit will be -2,879,800 yuan.

20. Central Control Saudi Arabia

Name:SUPCON SAUDI CO.,LTD.

Business Type: Limited Liability Company

Date of Establishment: 2021-09-12

Place of Registration: Office #317A, 3rd Floor, Al-Jazirah Bldg. Custodianofthe TwoHoly

Mosques Rd.

Registered capital: SAR 2,000,000

Business: Electrical wiring; Telecommunications wiring； Network wiring；

Installation of computer network and cable television wiring。

RELATIONSHIP WITH LISTED COMPANIES: THE COMPANY'S HOLDING SUBSIDIARY, THE COMPANY'S WHOLLY-OWNED SUBSIDIARY ZHONGKONG INTERNATIONAL HOLDS 70% OF THE SHARES, MR. MOHAMMAD HOLDS 30% OF THE SHARES;

Key financial data (audited): Total assets as of December 31, 2024: 98,362,600

yuan, total liabilities: 84.6015 million yuan, net assets: 13.7611 million yuan. In 2024, it will achieve an operating income of 86.3959 million yuan and a net profit of 10.5728 million yuan.

3. The main content of the security agreement

The total amount of the above-mentioned credit and guarantee is only the credit line to be applied for and the guarantee line to be provided by the company, and the specific credit and guarantee amount, guarantee type and guarantee method are subject to the review and approval of the bank or relevant financial institutions, and the actual signed contract shall prevail.

4. The reason and necessity of the guarantee

In order to meet the needs of the subsidiary's daily operation, the guarantee is conducive to supporting its healthy development, the guarantee object's operation and financial status is stable, the asset credit status is good, and the company has the ability to repay the due debts, and the company has full control over the holding subsidiary, and the guarantee risk is controllable, which will not affect the interests of the company and all shareholders.

The guarantee objects are the company's wholly-owned subsidiaries, such as ZPCON Instrument, ZPCON Software, ZPCON Fuyang, Ningbo ZPCON, Gongziyi, ZPCON Intelligent Management, ZPCON Weir, ZPCON Digital, ZPCON Hong Kong, ZPCON Singapore, ZPCON Malaysia, ZPCON Japan, ZPCON Uzbekistan, HOBRé, ZPCON Kazakhstan, ZPCON Canada, and ZKTeco International. ZKTeco Fluid, ZKTeco Indonesia, ZKTeco Saudi Arabia and other holding subsidiaries of the company, the rest of the shareholders are natural persons, mainly for the company's employees and employee shareholding platform, their assets are limited and it is difficult to provide guarantees for this matter, some of the holding subsidiaries because the company can effectively control its major decision-making and daily operation and management, can effectively prevent and control the guarantee risk, based on the convenience of actual business operation, and considering that the above-mentioned minority shareholders have no obvious need to provide guarantees, so the guarantee is provided by the company in excess of the proportion. Other minority shareholders did not provide guarantees on a pro rata basis.

5. The company's cumulative external guarantee amount and overdue amount

As of the disclosure date of this announcement, the balance of external guarantees of the company and its subsidiaries within the scope of the consolidated statements was 524.8185 million yuan, all of which were guarantees for subsidiaries, accounting for 2.87% and 5.09% of the company's latest audited total assets and net assets respectively. No overdue guarantees.

6. Relevant special opinions

After review, the board of directors believes that the company's application for a comprehensive credit line from financial institutions and the provision of guarantees for subsidiaries in 2025 is made in comprehensive consideration of the business development needs of the company and its subsidiaries, which is in line with the company's actual operation and overall development strategy. The guarantee objects are the wholly-owned subsidiaries and holding subsidiaries of the Company, which have stable operating and financial conditions, good asset credit status, solvency, and can effectively control and prevent guarantee risks, and the guarantee matters are in line with the interests of the Company and all shareholders.

The Board of Supervisors believes that the Company's application for a comprehensive credit line from financial institutions and the provision of guarantees for its subsidiaries in 2025 comply with the relevant laws and regulations such as the Rules for the Listing of Stocks on the Science and Technology Innovation Board of the Shanghai Stock Exchange, the Articles of Association and the relevant systems of the Company. It can effectively supervise and manage, the financial risk is within the scope of the company's effective control, there is no violation of relevant laws and regulations and the Articles of Association, it will not damage the interests of the listed company and the company's shareholders, especially small and medium-sized shareholders, and there is no resource transfer and profit

Beneficial delivery situation. Therefore, we agree with the motion.

The announcement is hereby made.

Board of Directors of SUPCON Technology Co., Ltd

April 1, 2025