Implementation Announcement of 2025 Annual Equity Distribution

Announcement of Implementation of 2025 Annual Equity Distribution

The company 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.

Special Reminder:

1. Shenzhen Entropy Technology Co., Ltd. (hereinafter referred to as "the Company" or "this Company") held the 2025 annual shareholders' meeting on May 15, 2026, where the profit distribution plan was approved: based on the total share capital after deducting the shares repurchased by the company from the total share capital on the equity distribution registration date, a cash dividend of RMB 4.8 per 10 shares (tax included) will be distributed to all shareholders, with no bonus shares issued and no capital reserve converted into share capital. As of April 21, 2026, the total share capital of the company was 235,351,550 shares. After deducting the number of shares repurchased by the company (1,116,200 shares), the total cash dividend to be distributed for the 2025 fiscal year is RMB 112,432,968.00 (tax included).

From the approval of the 2025 annual equity distribution plan at the shareholders' meeting until the implementation of the equity distribution plan, the company completed the registration of the shares for the first vesting period of the 2025 restricted stock incentive plan. The 733,604 shares held in the company's repurchase account will be transferred to the relevant incentive object’s securities account on May 26, 2026, through a non-trading transfer. As of the date of this announcement, the total share capital of the company is 235,351,550 shares, with 382,596 shares repurchased in the repurchase account. The shares in the repurchase account will not participate in this equity distribution. Therefore, the actual share capital participating in the equity distribution is 234,968,954 shares, calculated as the total share capital of 235,351,550 shares minus the repurchased shares of 382,596 shares.

1. The cash dividend amount will be adjusted accordingly while maintaining the cash dividend per share unchanged, meaning that the cash dividend of RMB 4.8 per 10 shares (tax included) remains the same. After the implementation of this equity distribution, the cash dividend per 10 shares based on the total share capital (including shares in the repurchase account) is as follows:
   (1) Total cash dividend actually distributed = (Total share capital - Shares in the repurchase account) * 4.8 RMB/10 shares = (235,351,550 shares - 382,596 shares) * 4.8 RMB/10 shares = 112,785,097.92 RMB (tax included);
   (2) Cash dividend per 10 shares (tax included) based on the total share capital (including shares in the repurchase account) = Total cash dividend actually distributed / Total share capital * 10 shares = 112,785,097.92 RMB / 235,351,550 shares * 10 shares = 4.792196 RMB (tax included; retained to six decimal places, with the last digit truncated, not rounded);
   (3) Reference price for ex-dividend and ex-rights after the implementation of this equity distribution = Closing price on the trading day before the ex-dividend and ex-rights date - 0.4792196 RMB/share.