This company and its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.
Wanma Technology Co., Ltd. (hereinafter referred to as the "Company") disclosed on Juchao Information Network (http://www.cninfo.com.cn) on June 17, 2026, that according to the auction results displayed on the Taobao Judicial Auction Network Platform, the bidding result for the judicial auction of 2,400,000 shares held by Mr. Yan Nan was: 1,800,000 shares were successfully auctioned, and 600,000 shares were not sold due to no bids. For details, please refer to the "Announcement on the Progress of Judicial Auction of Part of Shareholder's Shares" (Announcement No.: 2026-042). Recently, the Company received notification from shareholder Mr. Yan Nan and learned through inquiries on the Taobao Judicial Auction Network Platform that the Shangcheng District People's Court of Hangzhou City, Zhejiang Province, will conduct a second public online judicial auction of the 600,000 shares that Mr. Yan Nan failed to sell in the previous auction on the Taobao Judicial Auction Network Platform from 10:00 on July 6, 2026, to 10:00 on July 7, 2026. The details of the judicial auction are hereby announced as follows:
I. Basic Information on the Planned Judicial Auction of Shares
| Shareholder Name | Is it a controlling shareholder or first-level major shareholder or its concerted party | Number of Shares to be Auctioned (shares) | Proportion of Total Shares Held | Proportion of Total Share Capital | Is it a restricted share | Auction Start Time | Auction End Time | Auction Executing Party Name | Reason |
|---|---|---|---|---|---|---|---|---|---|
| Yan Nan | No | 600,000 | 20.00% | 0.45% | Yes (Employee restricted shares) | 10:00 on July 6, 2026 | 10:00 on July 7, 2026 | Shangcheng District People's Court of Hangzhou City, Zhejiang Province | Judicial Ruling |
| Total | 600,000 | 20.00% | 0.45% |
The 600,000 shares to be judicially auctioned are pledged shares. For details, please refer to the "Announcement on the Release and Pledge of Shares Held by Shareholder Holding More Than 5% of Shares" disclosed by the Company on August 13, 2025, on Juchao Information Network (www.cninfo.com.cn) (Announcement No.: 2025-025).
II. Situation of Cumulative Judicial Auction of Shareholder's Shares