Simplified Report on Equity Changes (Chen Budong, Wu Yibo, Yuan Yi Investment, Chu Yi Investment)

Simplified Report on Equity Changes

Company Name

Hangzhou Chuhuan Technology Co., Ltd.

Stock Listing Location

Shenzhen Stock Exchange

Stock Abbreviation

Chuhuan Technology

Stock Code

001336

Information Disclosers

1. Chen Budong
   Address: Gongshu District, Hangzhou, Zhejiang Province

2. Wu Yibo
   Address: Gongshu District, Hangzhou, Zhejiang Province

3. Taizhou Yuan Yi Investment Consulting Partnership (Limited Partnership)
   Address: Room 302, Building B, Xingye Biaofang, Shengli East Road, Huangqiao Economic Development Zone, Taixing City

4. Taizhou Chu Yi Investment Consulting Partnership (Limited Partnership)
   Address: Room 205, Building B, Xingye Biaofang, Shengli East Road, Huangqiao Economic Development Zone, Taixing City

Nature of Share Change

Decrease in shareholding ratio (due to share reduction and termination of concerted action relationship)

Signing Date

May 27, 2026

Declaration by Information Disclosers

1. The information disclosers have prepared this report in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Management Measures for the Acquisition of Listed Companies, and other relevant laws and regulations.

2. The information disclosers have obtained necessary authorization and approval for signing this report, and their actions do not violate any terms of the partnership agreement or internal rules.

3. This report fully discloses the changes in shareholding of the information disclosers in Hangzhou Chuhuan Technology Co., Ltd. As of the signing date, the information disclosers have not increased or decreased their shareholding in any other way.

4. The equity change is based on the information contained in this report. The information disclosers have not authorized anyone else to provide information not listed in this report or to explain or interpret this report.

5. The information disclosers commit that this report does not contain false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibility for its authenticity, accuracy, and completeness.

6. Some data in this report may have rounding differences, which investors should note.

Table of Contents

1. Definitions
2. Introduction of Information Disclosers
3. Purpose of Equity Change and Shareholding Plan
4. Method of Equity Change
5. Trading of Listed Shares in the Past 6 Months
6. Other Significant Matters
7. Documents for Reference

Definitions

In this report, unless otherwise specified, the following terms have the meanings ascribed to them:

• Company, Listed Company, Chuhuan Technology refers to Hangzhou Chuhuan Technology Co., Ltd.
• Information Disclosers refer to the controlling shareholders and actual controllers Chen Budong and Wu Yibo, and their concerted action partners Taizhou Yuan Yi Investment Consulting Partnership (Limited Partnership) and Taizhou Chu Yi Investment Consulting Partnership (Limited Partnership).
• This equity change refers to the reduction of shares by Yuan Yi Investment and the expiration of the concerted action agreement signed by Chen Budong, Wu Yibo, and Xu Shiyong, which will not be renewed, thus terminating the concerted action relationship.