Stock Code: 002402 Stock Abbreviation: H&T Announcement No.: 2026-014 Shenzhen and H&T Intelligent Control Co., Ltd. Announcement on the Release of Pledge on Part of the Shares Held by the Actual Controller The Company and 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. Shenzhen and H&T Intelligent Control Co., Ltd. (hereinafter referred to as the "Company") recently received notification from its actual controller, Mr. Liu Jianwei, stating that Mr. Liu Jianwei has completed the procedures for releasing the pledge on part of the shares he holds in the Company. The specific matters are announced as follows: I. Basic Information on the Release of Shares from Pledge
| Stockholder Name | Whether Controlling Shareholder or Top Shareholder and Concerted Parties | Number of Shares Released from Pledge (shares) | Proportion of Shares Held (%) | Proportion of Total Share Capital (%) | Start Date | Release Date | Pledgee |
|---|---|---|---|---|---|---|---|
| Liu Jianwei | Yes | 6,330,000 | 4.5825 | 0.6846 | June 19, 2024 | March 6, 2026 | Huaxi Securities Co., Ltd. |
| Total | 6,330,000 | 4.5825 | 0.6846 | ||||
| II. Cumulative Pledge Situation of Shareholder's Shares | |||||||
| As of the disclosure date, the pledge situation of Mr. Liu Jianwei's shares is as follows: | |||||||
| Shareholder Name | Number of Shares Held (shares) | Proportion of Shares Held (%) | Cumulative Pledge Before This Transaction (shares) | Cumulative Pledge After This Transaction (shares) | Proportion of Shares Held (%) | Proportion of Total Share Capital (%) | Pledged Shares Situation |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Restricted and Frozen, Marked Shares (shares) | |||||||
| Liu Jianwei | 138,133,700 | 14.9392 | 67,268,119 | 60,938,119 | 44.1153 | 6.5905 | 49,184,900 |
| Total | 138,133,700 | 14.9392 | 67,268,119 | 60,938,119 | 44.1153 | 6.5905 | 49,184,900 |
| Note: Among the shares held by Mr. Liu Jianwei in the Company, 104,071,575 shares are restricted shares for senior management. | |||||||
| III. Explanation of Share Pledge Situation |
- Mr. Liu Jianwei's share pledge financing is not for meeting the production and operation needs of the listed company.
- The cumulative number of pledged shares due within the next six months for Mr. Liu Jianwei is 31,619,600 shares, accounting for 22.8906% of his holdings and 3.4197% of the company's total share capital, with a corresponding financing balance of RMB 340 million. The cumulative number of pledged shares due within one year is 60,938,119 shares, accounting for 44.1153% of his holdings and 6.5905% of the company's total share capital, with a corresponding financing balance of RMB 690 million. Mr. Liu Jianwei has the corresponding repayment ability, and the source of funds for repayment is his own funds or other financing.
- Mr. Liu Jianwei is not involved in non-operational fund occupation, illegal guarantees, or other actions that infringe upon the interests of the Company. In the past year and the current period, there have been no capital transactions, related party transactions, or major guarantees with the Company, and no actions that infringe upon the interests of the Company.
- Mr. Liu Jianwei's share pledge matters will not affect the Company's production and operation, corporate governance, and do not involve performance compensation obligations.
- Mr. Liu Jianwei has good credit standing and possesses the corresponding repayment ability. The pledged shares are currently not at risk of liquidation, and the pledge risk is within a controllable range. The aforementioned pledge will not lead to a change in the actual control of the Company. The Company will continue to pay attention to his pledge situation and pledge risk, strictly abide by relevant regulations, and fulfill information disclosure obligations in a timely manner. IV. Documents for Inspection
- Proof of Transaction for Securities Repurchase Business. Hereby announced. Shenzhen and H&T Intelligent Control Co., Ltd. Board of Directors March 7, 2026