Announcement on Proposed Purchase of Assets by the Company and its Subsidiaries

Securities Code: 300853

Bond Code: 123142

Securities Abbreviation: Shenghao Technology

Bond Abbreviation: Shenghao Convertible Bond

Announcement No.: 2026-048

Hangzhou Shenghao Technology Co., Ltd.

Announcement on Proposed Purchase of Assets by the Company and its Subsidiaries

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.

Special Note:

1. The amount for this asset purchase is an estimated amount. Actual transaction circumstances may differ, and the final transaction amount will be subject to the agreement finally signed, which involves a degree of uncertainty. Investors are advised to pay attention to investment risks.

2. The execution of this asset purchase agreement may be subject to uncertainties or risks related to laws, regulations, policies, technology, and markets. It may also face risks arising from major changes in the external macroeconomic environment, sudden unexpected events, and other force majeure factors, which could lead to the contract being unable to be performed or not fully performed.

3. The funds for this purchase will come from the Company's and its subsidiaries' own funds and self-raised funds. If the Company is unable to raise the relevant funds in a timely and sufficient manner, there is a risk that the purchase may fail due to the inability to pay the purchase price in a timely and sufficient manner. The self-raised funds will be obtained through credit applications to banks and other financial or non-financial institutions. For details, please refer to the "Announcement on the Company and its Subsidiaries' Proposed Application for Credit, Financial Leasing, and Related Guarantees from Banks and Other Financial or Non-financial Institutions" disclosed on the same day on the Juchao Information Network (http://www.cninfo.com.cn). Self-raised funds are expected to increase the Company's asset-liability ratio, and the Company's financial expenses may increase significantly, which may have a certain impact on performance.

4. The subject of this purchase is servers, mainly for providing computing power leasing services. In the future, actual production and operation may face risks from policy, market, operational, management, and other aspects, which may have a significant impact on the Company's operating performance.

5. The computing power leasing business is a prudent decision made based on the Company's "one body, two wings" strategic plan and long-term interests, and it may involve certain market, operational, and management risks. Currently, the Company's computing power leasing business has not yet identified downstream customers, nor has it formed orders or revenue contributions. The future commercial popularization and business expansion are uncertain. The Company will fulfill its information disclosure obligations in a timely manner based on the subsequent signing and execution of business contracts and in strict accordance with relevant regulations. The Company will improve its internal control systems and strengthen the supervision and control of management operations, clarify business strategies and risk management, and actively prevent and respond to potential risks. Investors are advised to make prudent decisions and pay attention to investment risks.