Announcement on the Redemption of Wealth Management Products Purchased with Self-owned Funds

Zhejiang Wan'an Technology Co., Ltd. (hereinafter referred to as "the Company") held the 17th meeting of the 6th Board of Directors and the 15th meeting of the 6th Supervisory Board on April 9, 2025, and the 2024 Annual General Meeting on May 19, 2025. The meetings approved the proposal regarding the use of self-owned funds to purchase wealth management products, allowing the Company to use up to 200 million RMB of idle self-owned funds for this purpose, with the funds being available for rolling use within one year from the date of the shareholders' meeting resolution. The Company used 50 million RMB of idle self-owned funds to purchase wealth management products from the Bank of Communications, Shaoxing Zhuji Branch. For detailed information, please refer to the progress announcement on the use of self-owned funds to purchase wealth management products disclosed by the Company on February 14, 2026, in designated media and on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No. 2026-010).