Securities code: 688299 Securities abbreviation: Changyang Technology Announcement No.: 2025-017

Ningbo Changyang Technology Co., Ltd

Announcement of the Resolution 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:

Is there a rejected resolution at this meeting: None

1. Convening and attendance of meetings

(1) Time of the General Meeting of Shareholders: April 16, 2025

(2) The place of the general meeting of shareholders: the conference room on the first floor of the company, No. 999 Qingfeng Road, Jiangbei District, Ningbo City

(3) Shareholders of ordinary shares, shareholders with special voting rights, shareholders of preferred shares with restored voting rights and the number of voting rights held by them attending the meeting:

1. Number of shareholders and proxies present at the meeting 89

Number of common shareholders 89

2. The number of voting rights held by shareholders attending the meeting 58,558,058

The number of voting rights held by ordinary shareholders is 58,558,058

3. The ratio of the number of voting rights held by shareholders attending the meeting to the number of voting rights of the company

20.7438

Example(%)

Ratio of the number of voting rights held by ordinary shareholders to the number of voting rights of the company (%) 20.7438

(4) Whether the voting method complies with the provisions of the Company Law and the articles of association of the company, and whether the meeting is presided over.

The general meeting of shareholders convened by the board of directors of the company, the company's chairman Mr. Jin Yadong, vice chairman of the board of directors Mr. Yang Zhenhe on a business trip, by more than half of the directors jointly elected director Mr. Li Chen presided over the meeting, the meeting to

A combination of on-site voting and online voting. The convening and convening procedures of the general meeting of shareholders, the qualifications of the persons attending the meeting and the qualifications of the convener, the voting procedures and voting results of the meeting are in accordance with the provisions of the Company Law and the Articles of Association.

(5) Attendance of the company's directors, supervisors and secretary of the board of directors

1. There are 7 directors in the company, and 7 people attend the meeting by on-site combined communication;

2. There are 3 supervisors in the company, and 3 people attend the meeting by on-site combined with communication;

3. Mr. Zhang Yinhong, secretary of the board of directors, attended the meeting; Some senior managers attended the meeting. 2. Deliberation of the bill

(1) Non-cumulative voting motions

1. Name of the proposal: "Proposal on Changing the Use of Part of the Repurchased Shares and Canceling and Reducing the Registered Capital"

Result: Adopted

Vote:

Agree Oppose Abstain

Shareholder Type Votes Proportion (%) Votes Percentage Votes Proportion

（%） （%）

Common shares 58,521,551 99.9376 26,307 0.0449 10,200 0.0175

2. Name of the proposal: "Proposal on Changing the Registered Capital <公司章程>and Revision of the Company"

Result: Adopted

Vote:

Agree Oppose Abstain

Shareholder Type Votes Proportion (%) Votes Percentage Votes Proportion

（%） （%）

Common shares 58,545,857 99.9791 2,000 0.0034 10,201 0.0175

(2) An explanation of the relevant circumstances regarding the voting on the bill

Proposals 1 and 2 of the general meeting of shareholders are special resolutions, which have been deliberated and approved by more than 2/3 of the valid voting rights held by shareholders or shareholder representatives attending the meeting;

3. Lawyer's witness

1. The law firm witnessed by the shareholders' meeting: Grandall Law Firm (Shanghai) Law Firm

Lawyers: Wang Wei, Gong Liwen

2. The lawyer witnesses the concluding comments:

To sum up, the lawyers of the firm believe that the convening and convening procedures of the company's general meeting of shareholders comply with the relevant provisions of the Securities Law, the Company Law, the Rules of the General Meeting of Shareholders and the Articles of Association, the qualifications of the personnel attending the on-site meeting are legal and valid, the qualifications of the convener are legal and valid, the voting procedures and voting results are legal and valid, and the resolutions formed by the general meeting of shareholders are legal and valid.

The announcement is hereby made.

Board of Directors of Ningbo Changyang Technology Co., Ltd

April 17, 2025