Simplified Report on Change of Equity (Transferee)

Ningbo Canaan Smart Electrical Co., Ltd. Simplified Report on Change of Equity

Listed Company Name: Ningbo Canaan Smart Electrical Co., Ltd. Listing Venue: Shenzhen Stock Exchange Stock Abbreviation: Canaan Smart Stock Code: 300880

Information Disclosure Obligor: Beijing Zhongcheng Xintai Asset Management Co., Ltd. (acting on behalf of "Zhongcheng Jinyu Mixed Strategy Private Securities Investment Fund") Domicile: Room 71, Block F, Shared Center, Beijing Fund Town, Building 19, Courtyard 8, Fenggu 4th Road, Badaling Development Zone, Yanqing District, Beijing Correspondence Address: Room 71, Block F, Shared Center, Beijing Fund Town, Building 19, Courtyard 8, Fenggu 4th Road, Badaling Development Zone, Yanqing District, Beijing Nature of Equity Change: Increase in shares (negotiated transfer) Date of Signing of the Report on Change of Equity: June 10, 2026

Information Disclosure Obligor Statement

1. This report is prepared by the information disclosure obligor in accordance with the Securities Law of the People's Republic of China, the Administrative Measures for the Takeover of Listed Companies, the Standards for the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 15 — Report on Change of Equity, and other relevant laws, regulations, and normative documents.
2. The information disclosure obligor has obtained the necessary authorization and approval to sign this report.
3. In accordance with the provisions of the Securities Law of the People's Republic of China and the Administrative Measures for the Takeover of Listed Companies, this report has fully disclosed the changes in the shares held by the information disclosure obligor in Ningbo Canaan Smart Electrical Co., Ltd. As of the date of signing this report, except for the information disclosed herein, the aforementioned information disclosure obligor has not increased or decreased its equity in Canaan Smart through any other means.
4. This equity change is conducted based on the information stated in this report. Except for this information disclosure obligor, no other person has been entrusted or authorized to provide information not listed in this report or to make any explanation or statement regarding this report.
5. The information disclosure obligor warrants that this report does not contain any false records, misleading statements, or major omissions, and assumes legal responsibility for its authenticity, accuracy, and completeness.
6. This equity change involves a negotiated transfer and is subject to compliance confirmation by the Shenzhen Stock Exchange before the share transfer registration procedures can be handled at the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited.

Table of Contents

1. Information Disclosure Obligor Statement
2. Definitions
3. Section 1 Information Disclosure Obligor
4. Section 2 Purpose of Equity Change and Shareholding Plan
5. Section 3 Method of Equity Change
6. Section 4 Transactions of Listed Company Shares in the Previous 6 Months
7. Section 5 Other Major Matters
8. Section 6 Documents Available for Inspection

Definitions