Stock code: 688114 Stock abbreviation: MGI Announcement No.: 2025-014

Shenzhen MGI Technology Co., Ltd

Shareholder inquiry transfer plan

CPE Investment (HongKong) 2018 Limited、CHD BiotechCo-invest Limited、

Tianjin Kunpeng Management Consulting Partnership (Limited Partnership), Earning Vast Limited and Ascent Cheer Limited (hereinafter collectively referred to as the "Transferor") guarantee that the information provided to Shenzhen MGI Technology Co., Ltd. (hereinafter referred to as "MGI" or the "Company") does not contain any false records, misleading statements or material omissions, and assumes legal responsibility for its authenticity, accuracy and completeness in accordance with the law.

The Company and all members of the Board of Directors guarantee that the content of the announcement is consistent with the information provided by the information disclosure obligor.

Important Content Notes:

The shareholder who intends to participate in the pre-IPO shareholder inquiry transfer is CPE Investment (Hong.HK).

Kong) 2018 Limited, CHD Biotech Co-invest Limited, Tianjin Kunpeng Management Consulting Partnership

Earning Vast Limited, Ascent Cheer Limited;

The company's controlling shareholders, actual controllers, directors, supervisors and senior management personnel promise not to participate in this event

Inquiry Transfer;

The total number of shares to be transferred by the transferor is 7,710,256 shares, accounting for 1.85% of the company's total share capital;

The inquiry transfer is not carried out through centralized bidding transactions or block transactions, and does not belong to the second level

The market is underweight. The transferee shall transfer the transferred shares through an inquiry, which shall not be transferred within 6 months after the transfer;

The transferee of this inquiry transfer is an institutional investment with corresponding pricing power and risk tolerance

He who.

1. Shareholders to participate in the transfer

(1) The name of the transferor, the number of shares held, and the proportion of shares

The transferor entrusted CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities") to organize the implementation of this event

Request for Quote Transfer. As of April 3, 2025, the number of pre-IPO shares held by the transferor represents the total number of shares of the company

The proportions are as follows:

Serial No. Name of Shareholder Number of Shares Held (Shares) Shareholding Proportion of Total Share Capital

CPE Investment (Hong Kong) 2018

1 26,378,788 6.33%

Limited

2 CHD Biotech Co-invest Limited 600,631 0.14%

Tianjin Kunpeng Management Consulting Partnership (Yes

3 partnerships) 10,623,146 2.55%

4 Earning Vast Limited 9,922,720 2.38%

5 Ascent Cheer Limited 1,751,069 0.42%

(2) Regarding whether the transferor is the controlling shareholder, actual controller, shareholder holding more than 5% of the company's shares,

Directors, supervisors and senior management

The transferor of this inquiry is CPE Investment (Hong Kong) 2018 Limited, C HD

BiotechCo-invest Limited, Tianjin Kunpeng Management Consulting Partnership (Limited Partnership), Earning Vast Limited, and Ascent Cheer Limited are not the controlling shareholders, actual controllers, directors and supervisors of the Company

Senior management. CPE Investment (Hong Kong) 2018 Limited and its concert party C HD

Biotech Co-invest Limited holds more than 5% of the company's shares in aggregate. Tianjin Kunpeng Management Consulting Cooperation

Partnership (Limited Partnership), Earning Vast Limited and Ascent Cheer Limited are collectively owned by the company

If the shareholding ratio of the company exceeds 5%, but the parties have not signed a concerted action agreement, the principle of prudence is followed, and the relevant rules for concerted actors with a total shareholding ratio of more than 5% shall be disclosed when reducing shareholdings.

(3) A statement by the transferor that the ownership of the shares to be transferred is clear, that there are no restrictions or prohibitions on transfer, that there is no violation of relevant rules and that it has made commitments

The transferor declares that the shares held by the transferor have been released from the restriction on sale, and the ownership is clear.

The transferor is not allowed to reduce its shareholdings as stipulated in the Interim Measures for the Administration of Shareholding Reduction by Shareholders of Listed Companies and the Self-Regulatory Guidelines for Listed Companies No. 15 of the Shanghai Stock Exchange - Reduction of Shareholdings by Shareholders, Directors, Supervisors and Senior Managers. The transferor shall not be subject to the circumstances specified in Articles 7 and 8 of the Self-Regulatory Guidelines for Listed Companies on the Shanghai Stock Exchange No. 15 - Reduction of Shareholdings by Shareholders, Directors, Supervisors and Senior Managers.

The transferor has not violated the provisions on the reduction of shareholdings or the commitments made by the transferor.

Second, the main content of the inquiry transfer plan

The number of shares transferred in this inquiry is 7,710,256 shares, accounting for 1.85% of the company's total share capital.

The reason for the transfer is its own financial needs.

Percentage of shareholdings

Preface Name of shareholder to be transferred Shares to be transferred Proportion of total share capital of the company (as of 2025 Originally transferred.)

Number of number (shares) for example

April 3)

CPE Investment (Hong owned

1 6,072,000 1.46% 23.02% Gold Demand

Kong) 2018 Limited

CHD Biotech Co-invest is its own fund

2 138,256 0.03% 23.02% Gold requirement

Limited

Tianjin Kunpeng Management Consulting Co., Ltd. is its own company

3 companies (limited partnership) 714,700 0.17% 6.73% gold requirement

Own resources

4 Earning Vast Limited 667,500 0.16% 6.73% Gold Requirement

Own resources

5 Ascent Cheer Limited 117,800 0.03% 6.73% Gold Demand

(2) The basis for determining the lower limit of the transfer price and the principles and methods for determining the transfer price

The shareholders and the organization brokerage comprehensively consider the shareholders' own capital needs and other factors, negotiate to determine the lower price limit of this inquiry transfer, and the lower price limit of this inquiry transfer is not lower than the date of sending the subscription invitation (i.e., 2025).

April 3, 20 (inclusive) 70% of the average stock trading price for the preceding 20 trading days. The newspaper of this inquiry subscription

After the price is over, CITIC Securities will make cumulative statistics on the effective subscriptions, and determine the transfer price in accordance with the principles of price priority, quantity priority and time priority.

Here's how:

1. If the number of valid subscribed shares transferred by this inquiry exceeds the upper limit of the number of shares transferred in this inquiry, the principles for determining the transfer price, subscription object and the number of allotted shares are as follows (priority according to the order of serial number):

(1) Priority of subscription price: Sort and accumulate according to the declared price from high to low;

(2) Priority of subscription quantity: if the declared price is the same, it will be sorted and accumulated according to the subscription quantity from high to low;

(3) Priority time of receipt of the "Subscription Quotation Form": If the declared price and subscription quantity are the same, the "Subscription Quotation Form" will be sorted and accumulated from first to last serving, and the effective subscription with the early time will be prioritized for allocation.

When the total number of shares validly subscribed in all shares is equal to or exceeds 7,710,256 shares for the first time, the cumulative valid subscription will be valid

The lowest subscription price is the transfer price of this inquiry.

2. If the total number of valid subscribed shares of the inquiry object is less than 7,710,256 shares, all valid subscriptions are underway

The lowest offer will be determined as the transfer price of this RFQ.

(3) The securities company entrusted to organize the implementation of this inquiry transfer is CITIC Securities.

Contact Department: Equity Capital Market Department of CITIC Securities

Project-specific mailbox: project_hdzz2025@citics.com

Contact and consultation telephone: 010-60833471

(4) Conditions for investors participating in the transfer

The transferees of this inquiry transfer are institutional investors with corresponding pricing power and risk tolerance, including:

1. Institutional investors who meet the conditions for offline investors in the initial public offering of securities in the Implementation Rules of the Shanghai Stock Exchange for Initial Public Offering of Securities or other institutional investors (including the products under their management) stipulated by the Shanghai Stock Exchange, i.e., professional institutional investors such as securities companies, fund management companies, futures companies, trust companies, insurance companies, finance companies, qualified foreign investors and private equity fund managers;

2. In addition to the professional institutional investors specified in the preceding paragraph, other private fund managers that have completed registration with the Asset Management Association of China (and the products under their management that intend to participate in the transfer of this inquiry have been filed with the Asset Management Association of China).

3. Relevant risk warnings

(1) The implementation of the transfer plan is due to the transferor's statement in the "CITIC Securities Co., Ltd. on Shenzhen Huada

See", the risk of sudden circumstances after the disclosure of the shares being frozen and deducted by the judiciary and affecting the implementation of the inquiry transfer.

(2) There may be a risk that the implementation of the inquiry transfer plan will be suspended due to major changes in the market environment.

IV. Annexes

Please refer to the annex "CITIC Securities Co., Ltd.'s Verification Opinions on the Qualifications of Shareholders of Shenzhen MGI Technology Co., Ltd. to Inquire about the Transfer of Shares to Specific Institutional Investors" disclosed at the same time as this announcement.

The announcement is hereby made.

Board of Directors of MGI Technology Co., Ltd

April 7, 2025