Announcement on Progress of Judicial Auction of Shares Held by Shareholder Exceeding 5%, Change in Equity, and Change of Largest Shareholder

Securities Code: 300467 Securities Abbreviation: Xunyou Technology Announcement No.: 2026-029

Sichuan Xunyou Network Technology Co., Ltd.

Announcement on Progress of Judicial Auction of Shares Held by Shareholder Exceeding 5%, Change in Equity, and Change of Largest Shareholder

The information provided by Mr. Yuan Xu, a shareholder of the Company, is true, accurate, and complete, and does not contain any false records, misleading statements, or major omissions.

The Company and all members of the Board of Directors guarantee that the content of this announcement is consistent with the information provided by the information disclosure obligor.

Special Reminders:

1. This change in equity is due to the passive reduction of holdings by shareholder Mr. Yuan Xu as a result of a court ruling and does not involve a mandatory offer.

2. This change in equity will not lead to a change in the Company's control, nor will it affect the Company's normal operations. The Company still has no controlling shareholder or actual controller.

3. After this change in equity, shareholder Mr. Yuan Xu holds 9,630,643 shares of the Company, accounting for 4.74% of the total share capital. He is no longer the largest shareholder or a shareholder holding more than 5% of the shares. Chongqing Haiyun Tian Enterprise Management Co., Ltd. (hereinafter referred to as "Haiyun Tian") and its concerted party Chongqing Haitiantian Enterprise Management Co., Ltd. (hereinafter referred to as "Haitiantian") have passively become the largest shareholders, holding a total of 15,440,588 shares of the Company, accounting for 7.60% of the total share capital. Among these, the number of voting shares is 7,996,475, accounting for 3.94% of the total shares and 4.08% of the total voting shares.

Note: The shares of Xiamen Runeng Tiancheng Investment Management Partnership (Limited Partnership) (hereinafter referred to as "Tiancheng Investment") and Xiamen Runeng Tianyu Investment Management Partnership (Limited Partnership) (hereinafter referred to as "Tianyu Investment") acquired by Haiyun Tian through judicial auction are subject to performance compensation obligations due to failure to meet promised performance. Among these, 7,444,113 shares (accounting for 3.66% of the total share capital) do not have voting rights until the compensation shares are cancelled.

Sichuan Xunyou Network Technology Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Announcement on the Progress of Judicial Auction of Shares Held by Shareholders Exceeding 5% of the Company" (Announcement No.: 2026-023) on May 29, 2026. The Company's shareholder Mr. Yuan Xu, who holds more than 5% of the shares, had 8,305,413 shares of the Company auctioned off. The auction period was from 14:00 on June 29, 2026, to 14:00 on June 30, 2026 (excluding automatic extension due to bidding).

The shares were publicly auctioned on the Taobao Judicial Auction Network platform by the Intermediate People's Court of Chengdu City, Sichuan Province. For details, please refer to the relevant announcement disclosed by the Company on the Juchao Information Network (http://www.cninfo.com.cn).