Announcement on Indicative Notice of Share Transfer Agreement by Shareholders

Securities Code: 300420

Securities Abbreviation: Wuying Self-Control

Announcement Number: 2026-048

Jiangsu Wuying Self-Control Technology Co., Ltd.

Announcement on Indicative Notice of Share Transfer Agreement by Shareholders

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.

Special Notice:

1. On June 26, 2026, Jiangsu Wuying Self-Control Technology Co., Ltd. (hereinafter referred to as the "Listed Company," "Company," or "Wuying Self-Control") shareholders Hou Youfu, Cai Min, and Sun Jinming (hereinafter referred to as the "Transferors") signed the "Share Transfer Agreement between Hou Youfu, Cai Min, Sun Jinming and Shi Peipei for Jiangsu Wuying Self-Control Technology Co., Ltd." (hereinafter referred to as the "Share Transfer Agreement"). Hou Youfu, Cai Min, and Sun Jinming intend to transfer 56,911,809 shares of the Listed Company they hold (accounting for 5.0979% of the total share capital of the Listed Company) to Shi Peipei through an agreement transfer.

2. This change in equity will not result in a change of the company's controlling shareholder or actual controller, nor will it lead to a change in the company's control.

3. This agreement transfer of shares requires all parties to strictly fulfill their respective obligations as agreed in the agreement and to obtain regulatory confirmation from the Shenzhen Stock Exchange before proceeding with the transfer of shares at China Securities Depository and Clearing Corporation Limited Shenzhen Branch.

4. The "Share Transfer Agreement" shall become effective upon signing and sealing by both parties, and shall take effect upon the transferee paying the first installment of the share transfer payment to the transferor.

5. According to the "Performance Compensation Agreement between Jiangsu Wuying Self-Control Technology Co., Ltd. and Shi Peipei, Wang Wei, Liu Song, and Shenzhen Gaowu Excellence Intelligent Technology Partnership (Limited Partnership), Yao Xiaochun regarding the acquisition of equity in Dongguan Kesi Yu Cooling Technology Co., Ltd." signed by Shi Peipei on June 26, 2026, upon completion of the transfer of the target shares stipulated in the "Share Transfer Agreement," Shi Peipei shall pledge the acquired shares of the Listed Company to the controlling shareholder of the Listed Company, Shenzhen Gaowu Excellence Intelligent Technology Partnership (Limited Partnership), and the pledge will be gradually released.

6. This agreement transfer of shares is subject to regulatory confirmation by the Shenzhen Stock Exchange and the completion of share transfer registration with China Securities Depository and Clearing Corporation Limited. Whether this equity change can obtain the aforementioned approval or approval, and the final time of obtaining such approval or approval, are uncertain. The Company will closely monitor the progress of this share transfer agreement and urge all parties to the transaction to fulfill their information disclosure obligations in a timely manner in accordance with relevant laws and regulations. Investors are advised to pay attention to investment risks.

I. Overview of the Equity Change

(I) Basic Situation of the Agreement Transfer

On June 26, 2026, Hou Youfu, Cai Min, Sun Jinming, and Shi Peipei signed the "Share Transfer Agreement." According to the agreement, Hou Youfu, Cai Min, and Sun Jinming will transfer 56,911,809 shares of unrestricted tradable shares of the Listed Company (accounting for 5.0979% of the total share capital of the Listed Company) to Shi Peipei at a transfer price of ¥7.20 per share, for a total transfer price of ¥409,765,024.80.

The shareholding ratio of the transferor and transferee before and after this equity change is as follows: