Securities code: 688008 Securities abbreviation: Lanqi Technology Announcement No.: 2024-034.

Lanqi Technology Co., Ltd.

Announcement on Obtaining Government Subsidies

the company's board of directors and all directors to ensure that the contents of this announcement does not exist any false records, misleading statements or major omissions, and the authenticity, accuracy and completeness of the contents of the legal responsibility.

Basic information on 1. access to government subsidies

Lanqi Technology Co., Ltd. (hereinafter referred to as the "Company") received the government on May 31, 2024.

The total subsidy fund is 46 million yuan, which is the government subsidy related to the income.

Types of 2. grants and their impact on the company

In accordance with "Enterprise Accounting Standards No. 16-Government Grants" and other relevant provisions, the above-mentioned government grants received by the Company are revenue-related government grants. The above government subsidy data is unaudited, and the specific accounting treatment and the impact on the company's profit and loss are ultimately subject to the results confirmed by the auditor's annual audit. Investors are advised to pay attention to investment risks.

It is hereby announced.

Lanqi Technology Co., Ltd.

Board of Directors

June 4, 2024