Stock Code: 000021 Stock Abbreviation: Shenzhen Technology Announcement Code: 2026-014 Shenzhen Great Wall Development Technology Co., Ltd. Announcement Regarding the Signing of a Comprehensive Financial Cooperation Agreement and Related Party Transaction The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
Definitions: In this document, unless otherwise stated, the following terms have the following meanings:
“Shenzhen Technology” or “Our Company”: refers to Shenzhen Great Wall Development Technology Co., Ltd.
“China Electronics”: refers to China Electronics Information Industry Group Co., Ltd., the actual controller of our company.
“China Electronics Finance”: refers to China Electronics Finance Co., Ltd.
“Yuan”: refers to Renminbi Yuan
I. Overview of Related Party Transactions
| 1. To fully utilize the internal financial service platform provided by China Electronics Finance Co., Ltd. (hereinafter referred to as “China Electronics Finance”), to ensure the company has a stable and reliable source of funds in the long term, reduce financial costs, and improve overall economic efficiency, the company intends to re-sign the “Comprehensive Financial Cooperation Agreement” with China Electronics Finance, to obtain a comprehensive credit line of RMB 9 billion through credit, and to agree that the maximum deposit balance on the settlement date shall not exceed RMB 9 billion, with China Electronics Finance providing fund settlement and credit financing to our company (including its holding subsidiaries). 1. Financial services such as fund management and bank acceptance bill discounting, with a term of three years.
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China Electronics Finance is a holding subsidiary of China Electronics Corporation, the actual controller of the company. According to the relevant provisions of the Shenzhen Stock Exchange Listing Rules, this transaction constitutes a related-party transaction.
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The above proposal was reviewed and approved at the 19th meeting of the 10th Board of Directors held on April 27, 2026. There were 9 votes cast, with 6 in favor, 0 against, 0 abstentions, and 3 abstentions due to conflict of interest. Related directors Mr. Liu Hanqing, Mr. Liu Yanwu, and Mr. Dong Dawei abstained from voting. The proposal was also reviewed and approved at a special meeting of the company's independent directors.
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This related-party transaction is subject to approval by the company's shareholders' meeting. Related parties with a conflict of interest in this transaction will abstain from voting at the shareholders' meeting. 5. This related-party transaction does not constitute a major asset restructuring as defined in the "Administrative Measures for Major Asset Restructuring of Listed Companies".
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Shenzhen Great Wall Development Technology Co., Ltd. Announcement Regarding the Signing of the "Comprehensive Financial Cooperation Agreement" and Related-Party Transaction 2026-014 | | II. | Introduction of Related Parties | | | | |
| | 1. | Basic Information | | | | |
| | (1) | Name of Related Party: China Electronics Finance Co., Ltd. | | | |
| | (2) | Nature of Enterprise: Limited Liability Company | | | |
| | (3) | Registered Address: 20th and 21st Floors, Building 1, No. 66, Zhongguancun East Road, Haidian District, Beijing |
| | (4) | Legal Representative: Li Zhaoming | |
| | (5) | Registered Capital: RMB 331,100.00 | 10,000,000 | RMB | |
| | (6) | Establishment Date: April 21, 1988 |
| | (7) | Financial License Institution Code: | | | L0014H211000001 |
| | (8) | Business Scope | : Provide financial and financing advisory services to member units | | , credit verification and related consulting, |