Announcement on Progress of Major Litigation

Securities Code: 300686 Securities Abbreviation: Zhidongli Announcement No.: 2026-030

Shenzhen Zhidongli Precision Technology Co., Ltd.

Announcement on Progress of Major Litigation

The company and all members of the board of directors guarantee that the announcement content is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Key Information Prompt:

(I) Case No.: (2026) Yue 03 Min Zhong 4003

1. Litigation stage: Second instance judgment has been rendered.

2. Party status of the listed company: Appellee (First instance plaintiff).

3. Amount involved: RMB 150.0135 million plus overdue interest (calculated based on RMB 150.0135 million, at the loan market quotation rate published by the National Interbank Funding Center, from June 12, 2024, until the payment is settled).

4. Impact on the company's profit and loss: The second instance judgment is final. As of the disclosure date of this announcement, due to the relevant parties not yet fulfilling their judgment obligations, the specific impact on the company's current and future profit and loss or owners' equity is subject to the actual execution.

(II) Case No.: (2026) Yue 03 Min Zhong 3999

1. Party status of the listed company: Appellant (First instance defendant).

2. Amount involved: RMB 105.95 million plus overdue payment interest (calculated at the one-year loan market quotation rate published by the National Interbank Funding Center, with RMB 3.05 million as the base from July 27, 2022, RMB 34.30 million as the base from October 16, 2023, and RMB 68.60 million as the base from May 17, 2024, until the payment is settled).

3. Impact on the company's profit and loss: The second instance judgment is final. As the other party needs to pay the company based on the previous judgment, the company intends to offset the debt to fulfill the obligations of this judgment. As of the disclosure date of this announcement, the specific impact on the company's current and future profit and loss or owners' equity is subject to the actual execution.