002383SZSE

Announcement on Proposed No Profit Distribution for 2025

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Beijing HZST Technology Co., Ltd. announces its 2025 profit distribution plan, proposing no cash dividends, bonus shares, or capital reserve transfers. This decision is based on the company's net profit and accumulated undistributed profit being negative for 2025, failing to meet cash dividend conditions. The plan aims to ensure normal operations and future development.

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Securities Code: 002383 Securities Abbreviation: HZST Announcement No.: 2026-016

Beijing HZST Technology Co., Ltd. Announcement on Proposed No Profit Distribution for 2025

The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

I. Deliberation Procedures Beijing HZST Technology Co., Ltd. (hereinafter referred to as the "Company") held the 11th extraordinary meeting of the independent directors of the Sixth Board of Directors and the 20th meeting of the Sixth Board of Directors on April 22, 2026. The "2025 Profit Distribution Plan" was reviewed and approved. The Board of Directors believes that this profit distribution plan complies with the relevant provisions of the "Company Law" and other laws and regulations, as well as the "Articles of Association" regarding profit distribution, taking into comprehensive consideration the Company's actual operating conditions, future business development, and capital needs. This proposal needs to be submitted for deliberation by the Company's shareholders' meeting.

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