Announcement on the Impact of Diluting Earnings Per Share from the Company's Private Placement of A Shares and Commitments of Related Parties to Compensate for Dilution

Securities Code: 300302 Securities Abbreviation: Tongyou Technology Announcement No.: 2026-039

Beijing Tongyou Feiji Technology Co., Ltd.

Announcement on the Impact of Diluting Earnings Per Share from the Company's Private Placement of A Shares and Commitments of Related Parties to Compensate for Dilution

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

Special Reminder:

The hypothetical analysis of financial indicators in this announcement does not constitute a profit forecast by the Company. The measures to compensate for the dilution of immediate returns formulated to address the risk of dilution do not constitute a guarantee of the Company's future profits. Investors should not make investment decisions based on this. The Company shall not bear any compensation liability for losses incurred by investors making investment decisions based on this.

Beijing Tongyou Feiji Technology Co., Ltd. (hereinafter referred to as "Tongyou Technology" or "the Company") held the nineteenth meeting of the fifth Board of Directors on June 30, 2026, and approved the relevant proposals regarding the private placement of A shares to specific objects.

In accordance with the requirements of the "Opinions of the General Office of the State Council on Further Strengthening the Protection of the Legal Rights and Interests of Small and Medium Investors in the Capital Market" (Guo Ban Fa [2013] No. 110), the "Several Opinions of the State Council on Further Promoting the Healthy Development of the Capital Market" (Guo Fa [2014] No. 17), and the "Guiding Opinions on Matters Concerning the Dilution of Immediate Returns from Issuance and Refinancing, and Major Asset Restructuring" (CSRC Announcement [2015] No. 31), and other laws, regulations, rules, and other normative documents, in order to protect the right to information of small and medium investors and safeguard their interests, the Company has conducted a serious, prudent, and objective analysis of the impact of the private placement of A shares to specific objects on the immediate returns and proposed specific measures to compensate for the dilution. Related parties have made commitments to ensure the effective implementation of the Company's dilution compensation measures. The details are as follows:

I. Impact of the Private Placement of A Shares to Specific Objects on the Company's Main Financial Indicators

(I) Assumptions and Premises for Calculation

1. It is assumed that there are no significant changes in the macroeconomic environment, industrial policies, industry development status, and the Company's operating environment.

2. It is assumed that the private placement of A shares to specific objects will be completed by the end of November 2026. This completion time is only used for calculating the impact of the private placement of A shares to specific objects on the main financial indicators and does not constitute a commitment to the actual completion time. The final completion time will be subject to the actual issuance completion time approved by the China Securities Regulatory Commission (CSRC).

3. It is assumed that the total amount of capital raised from the private placement of A shares to specific objects is RMB 99,983.50 million, excluding the impact of issuance expenses and the impact of the use of raised funds on the Company's production and operation, financial status (such as operating revenue, financial expenses, investment income), etc.

4. When forecasting the Company's total share capital, only the impact of the private placement of A shares to specific objects is considered. Based on the Company's total share capital of 479,263,798 shares before the issuance, it is assumed that the number of shares issued in the private placement to specific objects is at the upper limit of 143,779,139 shares. The number of shares issued in the private placement to specific objects is an estimate. The final number of shares issued will be subject to the number of shares actually issued after review by the Shenzhen Stock Exchange and approval by the CSRC.