Buyback Report

Securities Code: 000757
Securities Abbreviation: Haowu Co., Ltd.
Announcement Number: 2026-28

Sichuan Haowu Electromechanical Co., Ltd. and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Important Content Reminder:

1. Type of Shares to be Repurchased: The company will repurchase its issued ordinary shares (A shares) in RMB.
2. Purpose of Repurchased Shares: All repurchased shares will be canceled, reducing the company's registered capital.
3. Repurchase Price: Not exceeding RMB 7.61 per share (inclusive), which is no more than 150% of the average trading price of the company's shares over the 30 trading days prior to the board's resolution.
4. Total Amount for Repurchase: The company will use no less than RMB 10 million and no more than RMB 20 million for the repurchase. The specific total amount will be based on the actual funds used for the repurchase.
5. Source of Funds: The funds will come from the company's own funds or special loans for the repurchase.
6. Number of Shares to be Repurchased: Under the condition that the repurchase price does not exceed RMB 7.61 per share, the company estimates that it will repurchase approximately 2,628,120 shares, accounting for about 0.49% of the current total share capital, based on the upper limit of the repurchase fund. Based on the lower limit, the estimated number of shares is approximately 1,314,061 shares, accounting for about 0.25% of the current total share capital. The specific number and proportion of repurchased shares will be based on the actual number and proportion at the end of the repurchase period.
7. Repurchase Period: The implementation period for the repurchase is within 12 months from the date the shareholders' meeting approves the repurchase plan.
8. Method of Repurchase: The company will conduct the repurchase through the Shenzhen Stock Exchange trading system via centralized bidding.
9. Plans of Directors and Major Shareholders: During the repurchase period, there are no clear plans for increasing or decreasing holdings by directors, senior management, controlling shareholders, actual controllers, or shareholders holding more than 5%. If there are future plans for share increases or decreases, the company will fulfill its information disclosure obligations in a timely manner according to relevant regulations.
10. Special Securities Account: The company has opened a special securities account for the repurchase at the Shenzhen branch of China Securities Depository and Clearing Corporation Limited.
11. Risk Warning: (1) The repurchase requires creditor consent, and there is a risk that creditors may demand early repayment or guarantees; (2) Risks exist if the stock price exceeds the repurchase price limit, if funds are not timely available, or if significant events occur affecting stock prices; (3) Risks may arise from external environmental changes or operational needs that could hinder the implementation of the repurchase.

Sichuan Haowu Electromechanical Co., Ltd. held the 13th meeting of the 10th board of directors on April 2, 2026, and the first extraordinary shareholders' meeting of 2026 on April 23, 2026, where the proposal for the share repurchase plan was approved. In accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Rules on Share Repurchase by Listed Companies, and the Self-Regulatory Guidelines No. 9 for Listed Companies of the Shenzhen Stock Exchange, the company has prepared this Buyback Report, with the following specific content:

I. Main Content of the Share Repurchase Plan

(1) Purpose and Use of Repurchased Shares

Based on confidence in the company's future development and recognition of its long-term value, the company will use its own funds or special loan funds to repurchase shares through centralized bidding to protect the interests of all shareholders, enhance investor confidence, and stabilize and increase the company's value. All repurchased shares will be canceled, reducing the company's registered capital.