Stock code: 688008 Stock abbreviation: Lanqi Technology Announcement No.: 2024-040

Lanqi Technology Co., Ltd.

Shareholder Inquiry Transfer Pricing Indicative Announcement

China Electronics Investment Holdings Co., Ltd., Jiaxing Core Power Investment Partnership (Limited Partnership), and IntelCapital Corporation (hereinafter collectively referred to as the "transferor") guarantee to Lanqi Technology Co., Ltd. (hereinafter referred to as "Lanqi Technology" or the "Company") The content of the information provided does not contain any false records, misleading statements or major omissions, and shall bear legal responsibility for its authenticity, accuracy and completeness in accordance with the law.

The company's board of directors and all directors to ensure that the announcement is consistent with the information provided by the transferor.

Important Content Tips:

According to the inquiry requisition on June 11, 2024, the transfer price of this inquiry is preliminarily determined.

46.35 yuan/share.

1. this inquiry transfer preliminary pricing

After the (I) inquires from institutional investors, the initial transfer price is 46.35 yuan/share, which is the highest price.

Technology Shareholder Inquiry Transfer Closing Price 50.60 Yuan/Share on the Date of Sending the Invitation for Subscription (I. e. June 7, 2024)

91.60 percent.

The (II) number of institutional investors participating in this inquiry and transfer quotation is 23, covering professional institutional investors such as fund management companies, insurance companies, qualified foreign institutional investors, securities companies, private equity fund managers, etc., and the total number of effective subscriptions is 45,615,000 shares, which is 1.82 times the number of shares to be transferred.

(III) the shares to be transferred in this inquiry transfer have been fully subscribed, it is preliminarily determined that the transferee is 18 institutional investors, and the total number of shares to be transferred is 25,112,111.

2. Risk Alert

(I) the transfer of the transferee and the number of shares transferred in this inquiry is only a preliminary result, there is still a risk that the shares to be transferred will be judicially frozen and deducted. The final result of the inquiry transfer shall be subject to the final result of the Shanghai Branch of China Securities Depository and Clearing Co., Ltd.

(II) this RFQ transfer does not involve a change of control of the Company and will not affect the Company's governance structure and continued

Operation.

It is hereby announced.

Lanqi Technology Co., Ltd.

Board of Directors

June 12, 2024