2026 Plan for Issuing Shares to Specific Targets via Simplified Procedure

Stock Code: 300603 Stock Abbreviation: Leon Technology

Leon Technology Co., Ltd.

2026 Plan for Issuing Shares to Specific Targets via Simplified Procedure

July 2026

Issuer Statement

1. The company and all members of the Board of Directors guarantee that the contents of this plan are true, accurate, and complete, and confirm that there are no false records, misleading statements, or major omissions.

2. This plan is prepared in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for the Issuance of Securities by Listed Companies, and other laws, regulations, and normative documents.

3. This plan is the Board of Directors' explanation of this issuance of shares to specific targets via a simplified procedure; any statement contrary to this is an untruthful statement.

4. Upon completion of this issuance of shares to specific targets via a simplified procedure, the company shall be solely responsible for changes in its operations and earnings; investors shall be solely responsible for investment risks arising from this issuance.

5. Investors with any questions should consult their stockbroker, lawyer, professional accountant, or other professional advisor.

6. The matters described in this plan do not represent a substantive judgment, confirmation, approval, or verification by the approval authorities regarding the matters related to this issuance. The effectiveness and completion of this issuance are subject to review and approval by the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission.

Major Notices

The terms or abbreviations used in this section have the same meanings as those defined in the "Definitions" section of this plan.

1. The matters related to the company's issuance of shares to specific targets via a simplified procedure have been authorized by the 2025 Annual General Meeting and approved by the 11th meeting of the 5th Board of Directors. According to relevant laws and regulations, this issuance is subject to review and approval by the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission.

2. The targets for this issuance are no more than 35 specific investors, including securities investment fund management companies, securities companies, trust investment companies, financial companies, insurance institutional investors, qualified foreign institutional investors, and other legal entities, natural persons, or other qualified investors that meet the requirements of the China Securities Regulatory Commission. Where securities investment fund management companies, securities companies, qualified foreign institutional investors, or RMB qualified foreign institutional investors subscribe with two or more products they manage, they shall be deemed as one target; trust investment companies acting as targets may only subscribe with their own funds.

Within the above scope, the final targets will be determined by the Board of Directors in accordance with the authorization of the 2025 Annual General Meeting, in compliance with relevant laws, regulations, and normative documents, and based on the bidding results. If there are new regulations, the company will make adjustments accordingly. All targets shall subscribe for the shares in RMB cash at the same price.

1. The total amount of funds raised from this issuance shall not exceed 255 million RMB, which is less than 300 million RMB and does not exceed 20% of the company's net assets at the end of the most recent year. After deducting relevant issuance expenses, the net proceeds will be invested in the following projects: