Shenzhen Changhong Technology Co., Ltd. Announcement on the Election of the Board of Directors Company Announcement No.: 2026-020 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 major omissions. Shenzhen Changhong Technology Co., Ltd. (hereinafter referred to as the "Company") is about to complete its term for the sixth board of directors. In accordance with the "Company Law," the "Shenzhen Stock Exchange GEM Stock Listing Rules," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 2 - Normative Operation of GEM Listed Companies," and other laws, regulations, and the "Articles of Association," the Company will conduct the election of the board of directors through relevant legal procedures. On April 9, 2026, the Company held the twenty-second meeting of the sixth board of directors, which deliberated and approved the "Proposal on the Election of the Board of Directors and Nomination of Non-Independent Director Candidates for the Seventh Board of Directors" and the "Proposal on the Election of the Board of Directors and Nomination of Independent Director Candidates for the Seventh Board of Directors." These proposals are subject to the review of the Company's 2025 Annual General Meeting of Shareholders. The relevant matters are hereby announced as follows: I. Composition of the Seventh Board of Directors The seventh board of directors of the Company will be composed of 6 directors, including 2 non-independent directors, 3 independent directors, and 1 employee representative director. The term of office for directors shall be calculated from the date of election by the general meeting of shareholders and shall be three years. II. Information on Candidates for the Seventh Board of Directors After deliberation by the Nomination Committee, the Board of Directors agreed to nominate Mr. Li Huan Chang and Mr. Xu Yan Ping as candidates for non-independent directors of the seventh board of directors (resumes attached); after deliberation by the Nomination Committee, the Board of Directors agreed to nominate Mr. He Qian, Mr. Zhong Wei Yu, and Mr. Li Jian as candidates for independent directors of the seventh board of directors (resumes attached), of which Mr. Li Jian is an accounting professional. The above non-independent directors and independent directors, together with one employee representative director elected by the Company's employee representative assembly, will form the seventh board of directors of the Company. The term of office for the seventh board of directors shall be three years from the date of approval by the 2025 Annual General Meeting of Shareholders. In accordance with the "Administrative Measures for Independent Directors of Listed Companies" and other relevant regulations, independent directors shall not serve for more than six consecutive years. Mr. He Qian and Mr. Zhong Wei Yu have served as independent directors of the Company since May 17, 2021, and July 9, 2021, respectively. The current term of office for Mr. He Qian will end on May 16, 2027, and the current term of office for Mr. Zhong Wei Yu will end on July 8, 2027. The above independent director candidates have obtained independent director qualification certificates. The relevant information of the independent director candidates needs to be submitted to the Shenzhen Stock Exchange for review and approval before being submitted to the general meeting of shareholders for consideration. The number of independent director candidates to be appointed to the seventh board of directors will not be less than one-third of the total number of directors. The number of directors who concurrently serve as senior management personnel of the Company and directors appointed as employee representatives will not exceed one-half of the total number of directors, which complies with relevant laws and regulations. III. Other Matters
- In accordance with the "Articles of Association," the general meeting of shareholders shall elect members of the seventh board of directors using a cumulative voting system, and shall conduct separate elections and vote on each item for non-independent directors and independent directors.
- To ensure the normal operation of the board of directors, before the directors of the seventh board of directors take office, the directors of the sixth board