Announcement on the Progress of Framework Agreements

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This announcement details the progress of framework agreements entered into by the company's subsidiary, Shanghai Youka. The agreement with Gaoxinqixing has been extended, while the agreements with Langge Technology and Lishitai Technology are nearing expiration, with no adverse impact expected on the company's financial performance.

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Stock Code: 300698 Stock Abbreviation: Wanma Technology Announcement No.: 2026-038

Wanma Technology Co., Ltd. Announcement on the Progress of Framework Agreements

The company and the board of directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

I. Overview of Strategic Cooperation

Wanma Technology Co., Ltd. (hereinafter referred to as the "Company") announced on October 10, 2021, that its wholly-owned subsidiary, Shanghai Youka Network Technology Co., Ltd. (hereinafter referred to as "Shanghai Youka"), signed a "Vehicle Network Product Framework Agreement" with GaoXinqiXing Internet of Things Technology Co., Ltd. (hereinafter referred to as "Gaoxinqixing"). The agreement stipulates that Shanghai Youka will provide Gaoxinqixing or its end customers with a leading vehicle network connectivity solution, including the MNO (Mobile Network Operator) intelligent vehicle network business management platform software, vehicle network operation and maintenance services, and SIM card services. For details, please refer to the "Announcement on the Signing of a Vehicle Network Product Framework Agreement by a Wholly-Owned Subsidiary" (Announcement No.: 2021-066) disclosed by the company on the Juchao Information Network.

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