Announcement on the Listing and Transfer of 100% Equity of Wholly-Owned Subsidiary Infinova (India) Private Limited

Securities Code: 002528

Securities Abbreviation: *ST Yingfei

Announcement Number: 2026-053

Shenzhen Infinitus Technology Co., Ltd.

Announcement on the Listing and Transfer of 100% Equity of Wholly-Owned Subsidiary Infinova (India) Private Limited

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.

Special Notice:

1. Shenzhen Infinitus Technology Co., Ltd. (hereinafter referred to as the "Company") intends to publicly list and transfer 100% of the equity of Infinova (India) Private Limited (Chinese name: 印度英飞拓, hereinafter referred to as "India Infinitus" or the "Target Asset") held through its wholly-owned subsidiary Infinova International Limited (Chinese name: 英飞拓国际有限公司, hereinafter referred to as "Infinitus International") and its wholly-owned subsidiary Infinova Global Limited (Chinese name: 英飞拓环球有限公司, hereinafter referred to as "Infinitus Global") on the Taobao Asset Bidding Network Platform (http://zc-paimai.taobao.com).

2. Listing Transaction Base Price: The market value of all equity of India Infinitus as of December 31, 2025, is RMB 15.50 million. Based on this valuation, the listing base price for the sale of 100% equity of India Infinitus is set at RMB 15.50 million.

As of June 30, 2026, India Infinitus owes its wholly-owned subsidiary Shenzhen Infinitus Intelligent Technology Co., Ltd. (hereinafter referred to as "Infinitus Intelligent") USD 3.01 million (equivalent to approximately RMB 20.50 million) in trade payables. The counterparty shall provide sufficient funds to India Infinitus to repay its trade payables to Infinitus Intelligent before the transfer of equity.

1. This transaction is subject to the public listing procedure, and the counterparty has not yet been determined, making it impossible to determine if it constitutes a related-party transaction.

2. This transaction does not constitute a major asset restructuring as defined by the "Measures for the Major Asset Restructuring of Listed Companies."

3. The success of this public listing and transfer is uncertain. Investors are kindly advised to pay attention to investment risks.

1

Financial risks.