Stock Code: 002337 Stock Abbreviation: SaiXiang Technology Announcement Number: 2026-011 Tianjin SaiXiang Technology Co., Ltd. Announcement on the 2025 Profit Distribution Proposal The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions. I. Deliberation Procedures Tianjin SaiXiang Technology Co., Ltd. (hereinafter referred to as the "Company" or "this Company") held the seventh meeting of the ninth Board of Directors on April 22, 2026, and deliberated and passed the "Proposal on the 2025 Profit Distribution Proposal." This proposal still needs to be submitted to the Company's 2025 Shareholders' Meeting for deliberation. II. Basic Information of the Profit Distribution Proposal According to the standard unqualified opinion audit report issued by Rongcheng Certified Public Accountants (Special General Partnership) for the Company, the Company's net profit attributable to the parent company in 2025 was RMB 59,199,896.47. The statutory surplus reserve of RMB 5,919,989.65 was withdrawn this year. The net profit available for distribution in 2025 was RMB 53,279,906.82. Adding the undistributed profit from previous years of RMB 334,813,260.02, and deducting the 2024 cash dividend of RMB 12,360,928.59 implemented in 2025, the accumulated net profit available for distribution attributable to the parent company at the end of the reporting period was RMB 375,732,238.25. The accumulated net profit available for distribution in the consolidated statements at the end of the reporting period was RMB 202,927,314.93. In accordance with the "Supervision Guidelines for Listed Companies No. 3 - Cash Dividends of Listed Companies" issued by the China Securities Regulatory Commission and the Articles of Association of Tianjin SaiXiang Technology Co., Ltd. (hereinafter referred to as the "Articles of Association"), and considering the Company's positive future development prospects, based on the Company's operating results and cash flow in 2025, and comprehensively considering the Company's operating plan and major investment plans in 2026, the 2025 profit distribution proposal is formulated as follows: Based on the Company's total share capital of 588,615,750 shares, the Company plans to distribute a cash dividend of RMB 0.26 (tax inclusive) per 10 shares to all shareholders, totaling RMB 15,304,009.50. No bonus shares will be issued, and no capital reserve will be converted into share capital. This profit distribution proposal shall be implemented after being deliberated and approved by the 2025 Shareholders' Meeting. The Company's 2025 profit distribution proposal complies with the relevant laws and regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange, as well as the Articles of Association. If the Company's share capital changes before the equity distribution registration date, the latest share capital will be used as the distribution base, and the distribution ratio will be adjusted according to the principle of unchanged total distribution amount. III. Specifics of the Cash Dividend Plan (I) Whether it may trigger other risk warning situations
- For listed companies disclosing their annual cash dividend plan (including no dividend), the following indicators should be listed: | Item | This Year | Last Year | Year Before Last | | :---------------------------------------------------------------- | :-------- | :-------- | :--------------- | | Total Cash Dividend (RMB) | 15,304,009.50 | 12,360,928.59 | 19,304,544.65 | | Total Share Buyback and Cancellation (RMB) | 0 | 0 | 0 | | Net Profit Attributable to Shareholders of Listed Companies (RMB) | 49,128,683.96 | 39,788,755.16 | 63,240,177.05 | | Accumulated Undistributed Profit at Year-End (Consolidated) (RMB) | | | 202,927,314.93 | | Accumulated Undistributed Profit at Year-End (Parent Company) (RMB) | | | 375,732,238.25 | | Whether the Listing Has Completed Three Full Fiscal Years | | | ☑ Yes | | Accumulated Cash Dividends in the Last Three Fiscal Years (RMB) | | | 46,969,482.74 | | Accumulated Share Buybacks and Cancellations in the Last Three Fiscal Years (RMB) | | | 0 | | Average Net Profit in the Last Three Fiscal Years (RMB) | | | 50,719,205.39 | | Accumulated Cash Dividends and Share Buybacks/Cancellations in the Last Three Fiscal Years (RMB) | | | 46,969,482.74 | | Whether it Triggers the Circumstances for Other Risk Warnings Stipulated in Article 9.8.1 (IX) of the Stock Listing Rules | ☑ Yes | | ☑ Yes |
- Reasons for not triggering other risk warning situations As shown in the table above, the Company's accumulated cash dividends in the last three fiscal years were RMB 46,969,482.74, which is higher than 30% of the average net profit in the last three fiscal years. Therefore, it does not trigger the circumstances for other risk warnings stipulated in Article 9.8.1 of the Shenzhen Stock Exchange Stock Listing Rules. (II) Explanation of the Reasonableness of the Cash Dividend Plan The Company's financial statement items such as transactional financial assets, derivative financial assets (excluding hedging instruments), debt investments, other debt investments, other equity instrument investments, other non-current financial assets, and other current assets (excluding assets related to business operations such as VAT to be offset, prepaid taxes, and contract acquisition costs) as audited for 2024 and 2025, amounted to RMB 295 million and RMB 187 million respectively, accounting for 13.99% and 9.25% of total assets, both below 50%. This profit distribution proposal complies with the "Company Law," "Supervision Guidelines for Listed Companies No. 3 - Cash Dividends of Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 1 - Standardized Operation of Main Board Listed Companies," and the "Articles of Association," etc. It is consistent with the Company's business operations, sustainable profitability, and future development plans. While ensuring the Company's normal operations and sustainable development, it provides moderate returns to investors, fully considers the interests and reasonable demands of investors, and is conducive to the Company's sustained stability and long-term development, benefiting the Company and all shareholders, and is reasonable and legal. IV. Risk Warning This profit distribution proposal needs to be deliberated and approved by the Company's 2025 Shareholders' Meeting before it can be implemented. Investors are kindly requested to pay attention to investment risks. V. Documents for Reference
- Resolution of the Seventh Meeting of the Ninth Board of Directors. Hereby announced. Tianjin SaiXiang Technology Co., Ltd. Board of Directors April 23, 2026