002328SZSE

Management System for External Investments

Xinpeng Co., Ltd.·

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This document outlines the management system for external investments by Shanghai Xinpeng Industrial Co., Ltd. and its subsidiaries. It details the principles, types, decision-making authorities, procedures, and oversight mechanisms for investments, aiming to standardize investment activities, enhance efficiency, and mitigate risks. The system categorizes investment thresholds requiring board or shareholder approval.

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Management System for External Investments

Chapter 1 General Provisions

Article 1 To regulate the investment activities of Shanghai Xinpeng Industrial Co., Ltd. (hereinafter referred to as the "Company") and its holding subsidiaries, establish an effective investment decision-making and operating mechanism, improve investment efficiency, and effectively prevent investment risks, this System is formulated in accordance with the "Company Law of the People's Republic of China," the "Stock Listing Rules of the Shenzhen Stock Exchange," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidance No. 1 – Normative Operation of Main Board Listed Companies," and other laws, regulations, and normative documents, as well as the "Articles of Association of Shanghai Xinpeng Industrial Co., Ltd." (hereinafter referred to as the "Articles of Association"), and in conjunction with the Company's actual situation.

Article 2 For the purposes of this System, external investment refers to the Company's investment activities in domestic and foreign markets with the aim of obtaining profits, using monetary funds, in-kind assets, intangible assets (including patent rights, trademark rights, land use rights, etc.), and other means permitted by laws and regulations.

Article 3 Principles for external investment: (1) Compliance with national laws, regulations, normative documents, and the "Articles of Association"; (2) Alignment with the Company's development strategy and industrial planning, contributing to enhanced enterprise value; (3) Adherence to a prudent attitude, balancing risks and returns; (4) Safeguarding the interests of the Company and all shareholders, striving for maximum benefits.

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