Announcement on Dilution of Earnings Per Share, Compensation Measures, and Commitments of Related Parties for the 2026 Private Placement of A Shares

Securities Code: 002436 Securities Abbreviation: Kexin Technology Announcement Number: 2026-06-027

Shenzhen Kexin Technology Co., Ltd.

Announcement on Dilution of Earnings Per Share, Compensation Measures, and Commitments of Related Parties for the 2026 Private Placement of A Shares

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.

In accordance with the "Opinions of the General Office of the State Council on Further Strengthening the Protection of the Legal Rights and Interests of Small and Medium Investors in the Capital Market" (Guo Ban [2013] No. 110), the "Several Opinions of the State Council on Further Promoting the Healthy Development of the Capital Market" (Guo Fa [2014] No. 17), and the "Guiding Opinions on Matters Related to the Dilution of Earnings Per Share from Initial Public Offerings, Refinancing, and Major Asset Restructurings" (CSRC Announcement [2015] No. 31), in order to protect the interests of small and medium investors, the Company has conducted a thorough analysis and calculation of the impact of the 2026 private placement of A shares (hereinafter referred to as the "Current Offering") on the dilution of earnings per share, and has formulated specific compensation measures. Related parties have also made commitments to ensure the effective implementation of the Company's compensation measures. The details are as follows:

I. Impact of the Current Offering on the Company's Main Financial Indicators Due to Dilution of Earnings Per Share

(I) Assumptions for Analyzing the Dilution of Earnings Per Share from the Current Offering

1. It is assumed that there will be no significant adverse changes in the macroeconomic environment, industrial policies, securities industry conditions, product market conditions, and the Company's operating environment.
2. It is assumed that the Current Offering will be completed by the end of February 2027. This completion time is only for calculating the impact of the Current Offering on the dilution of earnings per share for major financial indicators and does not constitute a commitment to the actual completion time. The final completion time will be subject to the approval of the China Securities Regulatory Commission and the actual completion of the issuance.
3. According to the Company's disclosed "2025 Annual Report," the net profit attributable to shareholders of the listed company and the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses in 2025 were RMB 13,494.60 million and RMB 14,100.60 million, respectively. It is assumed that the net profit attributable to shareholders of the listed company and the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses in 2026 and 2027 will increase by 15%, 0%, and decrease by 15% compared to the same period of the previous year, respectively, for earnings variation calculations (the above variation rates do not represent the Company's forecast of future profits, but are only used to calculate the impact of the Current Offering on the dilution of earnings per share for major indicators. Investors should not make investment decisions based on this. The Company shall not bear any compensation liability for losses incurred by investors making investment decisions based on this).
4. When forecasting the Company's total share capital and related indicators, only the impact of the Current Offering is considered, and changes in share capital caused by other factors (such as capital reserve to share capital conversion, equity incentives, share buybacks and cancellations, etc.) are not considered. As of the date of this Board meeting, the Company's total share capital is 1,699,673,563 shares. It is assumed that the number of shares issued in the Current Offering will be at the upper limit, which is 509,902,068 shares. After the completion of this private placement, the Company's total share capital will reach 2,209,575,631 shares.
5. It is assumed that factors other than the raised funds from the Current Offering and net profit will not be considered for their impact on the Company's asset status, profitability, and net assets.
6. Other force majeure factors affecting the Company's financial situation are not considered.