Announcement on Early Redemption of Hangxin Convertible Bonds and Suspension of Trading

Securities Code: 300424 Securities Abbreviation: Hangxin Technology Announcement No.: 2026-175

Bond Code: 123061 Bond Abbreviation: Hangxin Convertible Bond

Guangzhou Hangxin Aviation Technology Co., Ltd.

Announcement on Early Redemption of Hangxin Convertible Bonds and Suspension of Trading

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

Key Information Reminder:

1. Last Trading Day for Convertible Bonds: July 2, 2026

July 2, 2026, is the last trading day for "Hangxin Convertible Bonds," referred to as "Z New Convertible Bonds" on that day. After the market closes on July 2, 2026, "Hangxin Convertible Bonds" will cease trading.

1. Last Conversion Day for Convertible Bonds: July 7, 2026

July 7, 2026, is the last conversion day for "Hangxin Convertible Bonds." Investors holding "Hangxin Convertible Bonds" can still convert them into shares before the market closes on that day. After the market closes on July 7, 2026, unconverted "Hangxin Convertible Bonds" will cease conversion, and the remaining "Hangxin Convertible Bonds" will be mandatorily redeemed at a price of 102.885 yuan/bond. Investors may face losses if their bonds are mandatorily redeemed.

As of the close of trading on June 29, 2026, there are only 3 trading days left until the suspension of trading for "Hangxin Convertible Bonds" (July 3, 2026), and 6 trading days left until the suspension of conversion for "Hangxin Convertible Bonds" (July 8, 2026).

1. Bondholders wishing to convert bonds must have opened trading privileges for the ChiNext market. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Hangxin Convertible Bonds" into shares. Investors are hereby reminded to pay attention to the risk of not being able to convert.

2. Special Reminder: Holders of "Hangxin Convertible Bonds" are advised to convert their bonds within the specified period.

Special Notice:

1. Convertible Bond Redemption Date: July 8, 2026

2. Convertible Bond Redemption Price: 102.885 yuan/bond (including interest and taxes)

3. Convertible Bond Redemption Funds Arrival Date: July 15, 2026

4. Convertible Bond Trading Suspension Date: July 3, 2026

5. Convertible Bond Conversion Suspension Date: July 8, 2026

6. Issuer's Redemption Funds Arrival Date: July 13, 2026

7. Convertible Bond Redemption Condition Met Date: June 2, 2026

8. Convertible Bond Redemption Registration Date: July 7, 2026

9. Redemption Category: Full Redemption

10. According to the arrangement, "Hangxin Convertible Bonds" that have not been converted by the close of trading on July 7, 2026, will be mandatorily redeemed. Bondholders are reminded to convert their bonds within the specified period. After this redemption, "Hangxin Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. If the "Hangxin Convertible Bonds" held by bondholders are pledged or frozen, it is recommended to release the pledge or freeze before the conversion suspension date to avoid mandatory redemption due to inability to convert.

11. Bondholders wishing to convert bonds must have opened trading privileges for the ChiNext market. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Hangxin Convertible Bonds" into shares. Investors are hereby reminded to pay attention to the risk of not being able to convert.

Risk Warning: "Hangxin Convertible Bonds" that have not been converted by the close of trading on July 7, 2026, will be mandatorily redeemed at a price of 102.885 yuan/bond. Holders of "Hangxin Convertible Bonds" are specially reminded to convert their bonds within the specified period. If investors fail to convert their bonds in a timely manner, they may face losses. Investors are kindly requested to pay attention to investment risks.