Announcement on the Maturity Redemption and Delisting of Huayang Convertible Bonds

Securities Code: 002949

Bond Code: 128125

Securities Abbreviation: Huayang International

Bond Abbreviation: Huayang Convertible Bond

Announcement Number: 2026-033

Shenzhen Huayang International Engineering Design Co., Ltd.

Announcement on the Maturity Redemption and Delisting of "Huayang Convertible Bonds"

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 material omissions.

Special Notice:

1. Maturity Date and Registration Date for Redemption of "Huayang Convertible Bonds": July 29, 2026

2. Maturity Redemption Price of "Huayang Convertible Bonds": RMB 113 per bond (including tax and the final interest payment)

3. Fund Disbursement Date for Maturity Redemption of "Huayang Convertible Bonds": July 30, 2026

4. Last Trading Day of "Huayang Convertible Bonds": July 24, 2026

5. Trading Suspension Date of "Huayang Convertible Bonds": July 27, 2026

6. Last Conversion Date of "Huayang Convertible Bonds": July 29, 2026

7. Delisting Date of "Huayang Convertible Bonds": July 30, 2026

8. According to the arrangement, "Huayang Convertible Bonds" that have not been converted into shares by the close of trading on July 29, 2026, will be mandatorily redeemed. Upon completion of this redemption, "Huayang Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. We hereby remind holders of "Huayang Convertible Bonds" to pay attention to converting their bonds during the conversion period.

9. After the trading suspension and before the end of the conversion period (i.e., from July 27, 2026, to July 29, 2026), holders of "Huayang Convertible Bonds" can still convert their bonds into company shares under the agreed conditions. The current conversion price is RMB 14.19 per share.

I. Basic Information of Convertible Corporate Bonds

Upon the approval of the China Securities Regulatory Commission's "Approval on Shenzhen Huayang International Engineering Design Co., Ltd.'s Public Offering of Convertible Corporate Bonds" (Document No. Zhengjian Xu Ke [2020] 1220), the Company publicly issued 4.5 million convertible corporate bonds to the public on July 30, 2020. The bonds have a term of 6 years, with each bond having a face value of RMB 100. The total issuance amounted to RMB 450,000,000.00. After deducting issuance expenses, the net proceeds were RMB 441,070,051.61. With the approval of the Shenzhen Stock Exchange, the Company's convertible corporate bonds were listed and traded on the Shenzhen Stock Exchange starting from August 21, 2020. The bond abbreviation is "Huayang Convertible Bond," and the bond code is "128125."