002420SZSE

Audit Opinion on the Achievement of Vesting Conditions for the Second Tranche of the First Grant and the First Tranche of the Reserved Grant under the 2023 Restricted Stock Incentive Plan

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The Remuneration and Assessment Committee reviewed the 2023 Restricted Stock Incentive Plan. It confirmed that the vesting conditions for the second tranche of the first grant and the first tranche of the reserved grant have been met. This includes company-level performance for 2025 and individual performance for eligible employees. The committee approved proceeding with the vesting.

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Guangzhou Yichang Technology Co., Ltd.

Audit Opinion on the Achievement of Vesting Conditions for the Second Tranche of the First Grant and the First Tranche of the Reserved Grant under the 2023 Restricted Stock Incentive Plan

The Remuneration and Assessment Committee of Guangzhou Yichang Technology Co., Ltd. (hereinafter referred to as the "Company") has, in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Administrative Measures for Equity Incentives of Listed Companies" (hereinafter referred to as the "Administrative Measures"), and other relevant laws, regulations, and normative documents, as well as the "Company Articles of Association," and in conjunction with the "2023 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan (Draft)"), audited the Company's 2025 operating performance and the list of incentive recipients who meet the conditions for lifting the restrictions on sale. The audit opinion is as follows:

In accordance with the relevant provisions of the "Administrative Measures" and the Company's "Incentive Plan (Draft)," the vesting conditions for the second vesting period of the first grant and the first vesting period of the reserved grant under the Company's 2023 Restricted Stock Incentive Plan have been met. The company-level performance assessment for 2025, the individual performance assessments for 2025 for the 182 incentive recipients eligible for vesting in the second period of the first grant, and the 85 incentive recipients eligible for vesting in the first period of the reserved grant have all met the vesting conditions. The eligibility of the incentive recipients for this vesting is legal and valid. The committee agrees that the Company should proceed with the relevant matters for this vesting in accordance with relevant regulations.

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