Announcement Regarding the Signing of the "Share Transfer Agreement" by the Controlling Shareholder and Actual Controller, and the Proposed Change of Controlling Shareholder and Actual Controller

Chuanglian Electronics Technology Co., Ltd.

Announcement Regarding the Signing of the "Share Transfer Agreement" by the Controlling Shareholder and Actual Controller, and the Proposed Change of Controlling Shareholder and Actual Controller

The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and are not aware of any false or misleading statements or material omissions.

Special Reminder:

1. On July 29, 2026, Chuanglian Electronics Technology Co., Ltd. (hereinafter referred to as the "Company" or "Listed Company"), its controlling shareholder Jiangxi Xinsheng Investment Co., Ltd. (hereinafter referred to as "Jiangxi Xinsheng"), its actual controller Han Shenglong and his concerted actor Zeng Jiyong signed the "Share Transfer Agreement of Chuanglian Electronics Technology Co., Ltd." (hereinafter referred to as the "Share Transfer Agreement") with Shou County Finance Bureau (Shou County State-owned Assets Supervision and Administration Commission) [hereinafter referred to as "Shou County Finance Bureau (Shou County SASAC)"]'s industrial investment platform Shou County Xinqiao Commercial Management Co., Ltd. (hereinafter referred to as "Shou County Xinqiao"). Jiangxi Xinsheng intends to transfer 76,930,822 shares of the Company it holds to Shou County Xinqiao, at a transfer price of RMB 8.19 per share, for a total transfer price of RMB 630,063,432.18 (tax inclusive).

2. If this share transfer is successfully advanced and completed, the Company's controlling shareholder will change from Jiangxi Xinsheng to Shou County Xinqiao, and the Company's actual controller will change from Han Shenglong to Shou County Finance Bureau (Shou County SASAC). Jiangxi Xinsheng and Shou County Xinqiao will fulfill their respective obligations in accordance with the "Administrative Measures for the Takeover of Listed Companies" and other relevant laws, regulations, departmental rules, and normative documents.

3. This transaction does not constitute a mandatory bid or a related party transaction. It will not adversely affect the Company's normal production and operation, does not harm the interests of the Company and its minority shareholders, and does not violate any existing commitments.

4. This agreement transfer is subject to the approval of the relevant state-owned asset regulatory authorities, the approval of the anti-monopoly review of business concentration by the State Administration for Market Regulation (if applicable), the compliance confirmation from the Shenzhen Stock Exchange, and the application for share transfer registration with China Securities Depository and Clearing Corporation Limited Shenzhen Branch. Whether this matter can be finally implemented and the results of its implementation are subject to uncertainty. Investors are reminded to pay attention to related risks.

I. Overview of the Transaction

On July 29, 2026, the Company's controlling shareholder Jiangxi Xinsheng, its actual controller Han Shenglong, and the Company's Chairman and President Zeng Jiyong signed the "Share Transfer Agreement" with Shou County Xinqiao, an industrial investment platform under the Shou County Finance Bureau (Shou County SASAC). Jiangxi Xinsheng intends to transfer 76,930,822 shares of the Company it holds to Shou County Xinqiao at a transfer price of RMB 8.19 per share, for a total transfer price of RMB 630,063,432.18 (tax inclusive). If this share transfer is successfully advanced and completed, the Company's controlling shareholder will change from Jiangxi Xinsheng to Shou County Xinqiao, and the Company's actual controller will change from Han Shenglong to Shou County Finance Bureau (Shou County SASAC).

II. Basic Information of the Parties to the Transaction