Announcement on Termination of Concerted Action Among Related Shareholders and Change of Controlling Shareholder and Actual Controller

Long Shine

朗新科技集团股份有限公司

Announcement Number: 2026-030

Announcement on Termination of Concerted Action Among Related Shareholders and Change of Controlling Shareholder and Actual Controller

The information disclosure obligor guarantees that the information provided to the company is true, accurate, and complete, and free from false records, misleading statements, or material omissions.

The company and the entire board of directors guarantee that the announcement content is consistent with the information provided by the information disclosure obligor.

Important Content Notice:

1. Zheng Xinbiao, one of the actual controllers of Langxin Technology Group Co., Ltd. (hereinafter referred to as "the Company," "the Listed Company," or "Langxin Technology"), has completed the relevant retirement procedures due to reaching the statutory retirement age. By the end of 2025, Langxin Technology will complete the election of a new board of directors and the appointment of senior management personnel, and Zheng Xinbiao will no longer hold positions as a director or senior management member of the Company. Following consultation between Xu Changjun, the other actual controller of the Company, and Zheng Xinbiao, the two parties signed the "Concerted Action Termination Agreement" on July 15, 2026, terminating their concerted action relationship. Zheng Xinbiao and Xu Changjun will also no longer serve as general partners of any employee stock ownership plans (as defined below).

2. The Company's controlling shareholders, Wuxi Puhua Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Wuxi Puhua") and Wuxi Qunying Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Wuxi Qunying"), and three employee stock ownership plans of the Listed Company, Wuxi Fusheng Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Wuxi Fusheng"), Wuxi Xi Hua Investment Partnership (Limited Partnership) (hereinafter referred to as "Wuxi Xi Hua"), and Wuxi Daoyuan Investment Partnership (Limited Partnership) (hereinafter referred to as "Wuxi Daoyuan"), signed the "Concerted Action Termination Agreement" on July 15, 2026, terminating their concerted action relationship. Wuxi Puhua, Wuxi Qunying, and three employee stock ownership plans of the Listed Company, Wuxi Jiehua Investment Partnership (Limited Partnership) (hereinafter referred to as "Wuxi Jiehua"), Wuxi Yipu Investment Partnership (Limited Partnership) (hereinafter referred to as "Wuxi Yipu"), and Wuxi Xijie Zhicheng Investment Partnership (Limited Partnership) (hereinafter referred to as "Wuxi Xijie," collectively with Wuxi Fusheng, Wuxi Xi Hua, Wuxi Daoyuan, Wuxi Jiehua, and Wuxi Yipu, referred to as the "Employee Stock Ownership Plans") signed the "Concerted Action Termination Agreement" on July 15, 2026, terminating their concerted action relationship.

3. Effective from the date of the aforementioned "Concerted Action Termination Agreements," the actual controller of the Company will change from Xu Changjun and Zheng Xinbiao to Xu Changjun alone, and the controlling shareholder will change from Wuxi Puhua and Wuxi Qunying to Wuxi Puhua.

4. The termination of the concerted action relationship does not involve any increase or decrease in the number of shares or the proportion of holdings of the relevant parties, nor will it have a significant impact on the stability of the Company's control or its daily operations.

5. Within six months from the termination of this concerted action relationship, Zheng Xinbiao, Wuxi Qunying, Wuxi Fusheng, Wuxi Xi Hua, Wuxi Daoyuan, Wuxi Jiehua, Wuxi Yipu, and Wuxi Xijie will continue to comply with the relevant provisions of the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 18 - Shareholder, Director, and Senior Management Shareholding Reduction" Article 6 and Article 7 regarding restrictions on controlling shareholders and actual controllers reducing their holdings, as well as other relevant laws, regulations, and normative documents.

I. Signing and Performance of the "Concerted Action Agreement"