Announcement on the Repurchase and Cancellation of Part of the Restricted Stock and Reduction of Registered Capital, and Notification to Creditors

The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions. Lianjian (Jiangsu) Technology Co., Ltd. (hereinafter referred to as "the Company") held the 30th meeting of the 5th Board of Directors on May 11, 2026, and the 2026 second extraordinary general meeting of shareholders on May 28, 2026, where it reviewed and approved the proposals regarding the repurchase and cancellation of part of the restricted stock granted to incentive recipients but not yet released from restrictions, the failure to meet the conditions for the third release period of the 2022 restricted stock incentive plan, and the proposals to change the company's registered capital, business scope, and amend the Articles of Association, as well as to handle the industrial and commercial change registration. Due to the departure of certain incentive recipients and changes in the control of subsidiaries, some incentive recipients no longer meet the incentive conditions, resulting in the failure to meet the conditions for the third release period. The company will repurchase and cancel a total of 1,467,570 shares of restricted stock that have been granted but not yet r