Announcement on Share Transfer Agreement Signed by Shareholder Holding Over 5% with Intended Transferee via Public Solicitation, and Notice of Change in Shareholder Equity

Hebei University of Technology Keyuan Technology Group Co., Ltd.

Announcement on Share Transfer Agreement Signed by Shareholder Holding Over 5% with Intended Transferee via Public Solicitation, and Notice of Change in Shareholder Equity

The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Key Information Prompt:

1. Hebei University of Technology Keyuan Technology Group Co., Ltd. (hereinafter referred to as "the Company")'s shareholder holding over 5% of shares, China Electronics System Technology Co., Ltd. (hereinafter referred to as "China System"), intends to transfer 12,705,000 shares of the Company (hereinafter referred to as "this Public Solicitation Transfer") through public solicitation transfer, accounting for approximately 10.54% of the Company's total share capital, and 11.05% of the total share capital after deducting shares in the Company's repurchase dedicated account (as of the date of this announcement, the number of shares in the Company's repurchase dedicated account is 5,539,314 shares).

2. China System has completed the review of intended transferees who registered during the solicitation period in accordance with the rules of this public solicitation. After internal review by China System, Beijing Hongyue New Energy Enterprise Management Center (Limited Partnership) (hereinafter referred to as "Hongyue New Energy") meets the basic conditions for transferees in this public solicitation transfer, and can be determined as a qualified transferee for this public solicitation.

3. The Company recently received a letter from shareholder China System informing it that on July 13, 2026, China System signed the "Share Transfer Agreement for Keyuan Technology" (hereinafter referred to as the "Share Transfer Agreement") with Hongyue New Energy for this share transfer.

4. The "Share Transfer Agreement" is subject to approval by the relevant state-owned asset supervision and management authority of China System's superior, and its effectiveness and implementation are subject to this approval. There is a certain degree of uncertainty regarding whether approval will be obtained and the time of approval. Investors are kindly reminded to pay attention to investment risks.

5. Hongyue New Energy has pledged that within 18 months from the completion of this change in equity, it will not transfer the shares of the listed company acquired through this change in equity.

The Company disclosed the "Notice of Intent to Transfer Shares by Shareholder Holding Over 5% via Public Solicitation" (Announcement No. 2026-011) on March 31, 2026. China System intended to transfer 12,705,000 shares of the Company via public solicitation transfer, accounting for approximately 10.54% of the Company's total share capital.

The Company disclosed the "Progress Announcement on Share Transfer by Shareholder Holding Over 5% via Public Solicitation" (Announcement No. 2026-026) on April 27, 2026. The public solicitation transfer had completed the review procedures of the shareholder meeting of China Electronics Holdings Shenzhen Co., Ltd.

The Company disclosed the "Announcement on Share Transfer by Shareholder Holding Over 5% via Public Solicitation" (Announcement No. 2026-036) on June 16, 2026. The State-owned Assets Supervision and Administration Commission of the State Council has issued a pre-examination and approval opinion through the integrated information system for property management regarding this public solicitation matter. That is, this public solicitation transfer has obtained preliminary approval from the state-owned asset supervision and management authority and can proceed to the public solicitation procedure.

The Company disclosed the "Announcement on the Results of Solicitation for Share Transfer by Shareholder Holding Over 5% via Public Solicitation" (Announcement No. 2026-036) on July 3, 2026. China System has completed the review of intended transferees who registered during the solicitation period in accordance with the rules of this public solicitation. After internal review by China System, Hongyue New Energy meets the basic conditions for transferees in this public solicitation transfer, and can be determined as a qualified transferee for this public solicitation.