Announcement on the Completion of Repurchase and Cancellation of Part of Restricted Shares

Anhui Xinruida Technology Co., Ltd.

Announcement on the Completion of Repurchase and Cancellation of Part of Restricted Shares

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

Special Reminder:

1. Anhui Xinruida Technology Co., Ltd. (hereinafter referred to as the "Company") has repurchased and cancelled a total of 642,700 restricted shares held by 59 incentive recipients in this instance. This represents 0.29% of the Company's total share capital of 223,115,230 shares before the repurchase and cancellation. The total repurchase consideration was RMB 4,955,217 (excluding interest).

2. As of the date of this announcement, the Company has completed the repurchase and cancellation procedures for the aforementioned restricted shares with Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Following this repurchase and cancellation, the Company's total share capital has decreased from 223,115,230 shares to 222,472,530 shares.

I. Relevant Approval Procedures for the Company's 2025 Restricted Share Incentive Plan

1. On April 11, 2025, the Company convened the first meeting of the Remuneration and Assessment Committee for 2025, which deliberated and approved the "Proposal on the <2025 Restricted Share Incentive Plan (Draft)> and its Summary" and the "Proposal on the <Management Measures for the Implementation and Assessment of the 2025 Restricted Share Incentive Plan>".

2. On April 22, 2025, the eighteenth meeting of the third Board of Directors deliberated and approved the "Proposal on the <2025 Restricted Share Incentive Plan (Draft)> and its Summary", the "Proposal on the <Management Measures for the Implementation and Assessment of the 2025 Restricted Share Incentive Plan>", and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2025 Restricted Share Incentive Plan". The fifteenth meeting of the third Supervisory Board also deliberated and approved the relevant proposals.

3. From April 23, 2025, to May 2, 2025, the Company publicly announced the names and positions of the incentive recipients for this incentive plan via internal company email. By the end of the announcement period, the Company's Supervisory Board had not received any objections. On May 15, 2025, the Company disclosed the "Supervisory Board's Opinion on the Review of the List of Incentive Recipients for the 2025 Restricted Share Incentive Plan and Explanation of the Public Announcement".

4. On May 20, 2025, the Company's 2024 Annual General Meeting of Shareholders deliberated and approved the "Proposal on the <2025 Restricted Share Incentive Plan (Draft)> and its Summary", the "Proposal on the <Management Measures for the Implementation and Assessment of the 2025 Restricted Share Incentive Plan>", and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2025 Restricted Share Incentive Plan". The implementation of the 2025 Restricted Share Incentive Plan was approved, and the Board of Directors was authorized to determine the grant date, grant restricted shares to incentive recipients when they meet the conditions, and handle all necessary matters related to the grant. On May 21, 2025, the Company disclosed the "Self-Inspection Report on Insider Information and Trading of Company Shares by Incentive Recipients of the 2025 Restricted Share Incentive Plan".

5. On May 20, 2025, the nineteenth meeting of the third Board of Directors and the sixteenth meeting of the third Supervisory Board deliberated and approved the "Proposal on Adjusting Relevant Matters of the Company's 2025 Restricted Share Incentive Plan" and the "Proposal on Granting Restricted Shares to Incentive Recipients of the 2025 Restricted Share Incentive Plan". The aforementioned proposals had been deliberated and approved by the second meeting of the Board's Remuneration and Assessment Committee for 2025. The Company's Supervisory Board verified the list of incentive recipients and issued a confirmatory opinion.