Announcement on Progress of Company Litigation Matters

Securities Code: 002694

Securities Abbreviation: *ST Gundi

Announcement No.: 2026-030

Gundi Technology Co., Ltd.

Announcement on Progress of Company Litigation Matters

The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.

Key Information Highlights:

1. Litigation Stage: Summons received.

2. Party's Status: Defendant in the first instance, appellant in the second instance, and defendant in a case remanded for retrial.

3. Amount Involved: Principal of RMB 216,169,496.66, plus liquidated damages and related litigation fees.

4. Impact on Company's Profit and Loss: This case is expected to have a significant impact on the company's profits. Based on the principle of prudence, the company has made corresponding accounting provisions in accordance with laws, regulations, and enterprise accounting standards. The final impact on the company's profits will be subject to the execution results of the case and the data confirmed by the auditor. As the court has remanded this case for retrial by the Intermediate People's Court, the final judgment and execution status are uncertain. Investors are advised to pay attention to investment risks.

5. Alxa League Dream Auto Culture Tourism Development Co., Ltd. (hereinafter referred to as "Dream Auto") was completely divested from the company in May 2023 and is no longer a subsidiary within the company's consolidated financial statements.

Recently, Gundi Technology Co., Ltd. (hereinafter referred to as the "Company" or "Gundi Technology") received a "Summons" from the Intermediate People's Court of Alxa League, Inner Mongolia Autonomous Region. The relevant situation is announced as follows:

I. Basic Situation and Progress of This Litigation

(I) Basic Situation

Appellant (Defendant in the first instance): Gundi Technology Co., Ltd.

Registered Address: No. 18, Chu Road, Ezhou Economic Development Zone, Hubei Province

Appellee (Plaintiff in the first instance): Zhejiang Jinggong Steel Structure Group Co., Ltd.

Registered Address: Jinhu Road, Heqiao Economic Development Zone, Keqiao District, Shaoxing City, Zhejiang Province

Defendant in the first instance: Alxa League Dream Auto Culture Tourism Development Co., Ltd.

Registered Address: Room 101, Commercial Street, Building 20, Tianyi International Mansion, Bayan Hot Town, Alxa Left Banner, Inner Mongolia Autonomous Region

According to the "Civil Complaint" filed by the first instance plaintiff, Zhejiang Jinggong Steel Structure Group Co., Ltd.:

Litigation Request:

1. Legally order the addition of the defendant as a party subject to execution in the execution case [(2022) Nei 29 Zhi 7], and to bear joint and several liability for payment within the scope of engineering fees that Alxa League Dream Auto Culture Tourism Development Co., Ltd., as determined by the civil judgment [(2021) Nei Min Zhong 586], has failed to perform.

2. Order the defendant to bear the litigation costs of this case.