Important Notice on the Redemption Implementation of "Jia Lian Convertible Bonds" and Upcoming Trading Suspension

Important Notice on the Redemption Implementation of "Jia Lian Convertible Bonds" and Upcoming Trading Suspension

Ningbo Jia Lian Technology Co., Ltd. and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Important Content Reminder:

1. Last Trading Day for Convertible Bonds: May 22, 2026
   May 22, 2026, is the last trading day for "Jia Lian Convertible Bonds," and on that day, it will be referred to as "Z Lian Convertible Bonds." Trading will cease after the market closes on May 22, 2026.

2. Last Conversion Day for Convertible Bonds: May 27, 2026
   May 27, 2026, is the last conversion day for "Jia Lian Convertible Bonds." Investors holding "Jia Lian Convertible Bonds" can still convert their bonds before the market closes on that day. After the market closes on May 27, 2026, unconverted "Jia Lian Convertible Bonds" will be forcibly redeemed at a price of 100.344 CNY per bond. If forcibly redeemed, investors may face losses. As of the market close on May 21, 2026, there is only 1 trading day left until the trading suspension date (May 25, 2026) and 4 trading days until the conversion suspension date (May 28, 2026).

3. Bondholders Must Open ChiNext Trading Permissions for Conversion: Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Jia Lian Convertible Bonds" into stocks. Investors are reminded to pay attention to the risk of being unable to convert.

4. Special Reminder for "Jia Lian Convertible Bonds" Holders:

   • Redemption Price for Convertible Bonds: 100.344 CNY per bond (including accrued interest for the current period, with a current annual interest rate of 0.80%, and the interest is tax-inclusive). The after-tax redemption price will be subject to the price approved by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "China Clearing").
   • Conditions for Redemption: April 20, 2026
   • Trading Suspension Date for Convertible Bonds: May 25, 2026
   • Conversion Suspension Date for Convertible Bonds: May 28, 2026
   • Redemption Registration Date for Convertible Bonds: May 27, 2026
   • Redemption Date for Convertible Bonds: May 28, 2026
   • Date of Arrival of Redemption Funds to Issuer's Account (to China Clearing Account): June 2, 2026
   • Date of Arrival of Redemption Funds to Investors' Accounts: June 4, 2026
   • Redemption Type: Full redemption
   • Last Trading Day Convertible Bond Abbreviation: Z Lian Convertible Bonds.
   • According to the arrangement, "Jia Lian Convertible Bonds" that remain unconverted after the market closes on May 27, 2026, will be forcibly redeemed. After this redemption is completed, "Jia Lian Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Holders are reminded to convert their bonds within the deadline. If bondholders have "Jia Lian Convertible Bonds" that are pledged or frozen, it is recommended to lift the pledge or freeze before the conversion suspension date to avoid being redeemed due to inability to convert.

5. Risk Reminder:
   As of the market close on May 27, 2026, unconverted "Jia Lian Convertible Bonds" will be forcibly redeemed at a price of 100.344 CNY per bond. Due to the significant difference between the current secondary market price of "Jia Lian Convertible Bonds" and the redemption price, holders are reminded to convert their bonds within the deadline. If investors fail to convert in time, they may face losses, and all investors are advised to pay attention to the risks.