Announcement Regarding Proposed Share Transfer by Shareholder Holding Over 5% and Triggering 5% Threshold for Change in Equity

The announcement is from 赛维时代科技股份有限公司 (Senvion Times Technology Co., Ltd.).

Announcement Regarding Proposed Share Transfer by Shareholder Holding Over 5% and Triggering 5% Threshold for Change in Equity

The controlling shareholder, Mr. Chen Wenping, and the shareholder holding 5% or more of the shares, Qingcheng Zhongteng Venture Capital Investment Partnership (Limited Partnership), have provided information to the company regarding the proposed transfer. The company confirms the information is true, accurate, and complete, with no false representations, misleading statements, or material omissions.

This announcement is made in accordance with the relevant provisions of the "Administrative Measures for the Reporting of Changes in Equity of Listed Companies" and other relevant regulations.

Special Note:

1. The proposed transfer of 5% of the shares of Qingcheng Zhongteng Venture Capital Investment Partnership (Limited Partnership) (hereinafter referred to as "Zhongteng Venture Capital") by the controlling shareholder, Mr. Chen Wenping, to the controlling shareholder, Mr. Chen Wenping, is based on the "Agreement on the Transfer of Shares of Senvion Times Technology Co., Ltd." signed by both parties. Mr. Chen Wenping, holding 16.75% of the company's non-tradable shares, will transfer shares to Zhongteng Venture Capital, representing 9.00% of the company's total share capital. This transfer is referred to as "the proposed transfer of shares by Mr. Chen Wenping." After this transfer, Mr. Chen Wenping will directly hold shares in the company, and Zhongteng Venture Capital, as the controlling shareholder and actual controller, will continue to hold shares in the company. Zhongteng Venture Capital's shareholding in the company will be 248,484,445 shares, accounting for 61.13% of the total share capital; the shareholding of Zhongteng Venture Capital in the company will be 36,314,900 shares, accounting for 8.93% of the total share capital.

2. The proposed transfer of shares by Mr. Chen Wenping will not result in a change in the controlling shareholder or the actual controller of the company.

3. This proposed share transfer is subject to approval by the Shenzhen Stock Exchange in accordance with the relevant procedures for the transfer of shares of listed companies. The transaction will be completed after obtaining the approval and completing the relevant procedures. There is uncertainty regarding the timing and completion of the transaction. Investors should pay attention to investment risks.

I. Basic Information on the Proposed Share Transfer

The proposed share transfer is based on the "Agreement on the Transfer of Shares of Senvion Times Technology Co., Ltd." signed by the parties on September 8, 2025.

Company Name: Qingcheng Zhongteng Venture Capital Investment Partnership (Limited Partnership)

Unified Social Credit Code: 914403003564523669

Establishment Date: 2015-09-08

Enterprise Type: Limited Partnership

Executing Partner: Chen Zilan

Registered Capital: 38.265 million yuan

Registered Address: Jiangxi Province, Ji'an City, Qingcheng County, Xiaojian Town

Business Scope: General projects: Venture capital (excluding investment in projects not yet listed on the stock market) (excluding projects that need to be approved by law before they can be operated independently).

Project: The business activities are carried out independently by the business entity in accordance with the law.

[Chart: Shareholder equity before and after transfer]

II. Basic Information on the Parties to the Transfer