Report on the Issuance of Shares by Longhorn Auto Co., Ltd. to Specific Investors

Report on the Issuance of Shares by Longhorn Auto Co., Ltd. to Specific Investors

Longhorn Auto Co., Ltd. (located at Building A, 3rd Floor, and Building B, 1st-4th Floors, Tongfu Third Functional Area, Shanghenglang Community, Longhua District, Shenzhen) hereby submits the report on the issuance of shares to specific investors, sponsored by Guosen Securities Co., Ltd. (located at 16-26th Floors, Guosen Securities Building, 1012 Hongling Middle Road, Shenzhen) in May 2026.

Declaration by the Board of Directors and Senior Management

All directors and senior management of the company declare that this report does not contain any false records, misleading statements, or major omissions, and they bear legal responsibility for its authenticity, accuracy, and completeness.

Signatures of all directors: _____________ ____________ ___________ Chen Qingfeng, Luo Xiaoping, Xiao Wenlong _____________ ____________ ___________ Li Xiaojuan, Chen Yongkang, Gu Fanqiu

Signatures of other senior management: _____________ ____________ ___________ Tian Lei, Yuan Chunbo, Chen Tefang

Date: _____________

Table of Contents

1. Declaration by the Board of Directors and Senior Management
2. Definitions
3. Basic Information on This Issuance
   • 3.1 Basic Information of the Issuer
   • 3.2 Relevant Procedures for This Issuance
   • 3.3 Overview of This Issuance
   • 3.4 Information on the Issuance Targets
   • 3.5 Information on Relevant Institutions
4. Comparison of Relevant Situations Before and After the Issuance
   • 4.1 Comparison of the Top Ten Shareholders Before and After the Issuance
   • 4.2 Impact of This Issuance on the Company
5. Conclusion Opinions of the Lead Underwriter on the Compliance of the Issuance Process and Targets
   • 5.1 Opinion on the Compliance of the Pricing Process
   • 5.2 Opinion on the Compliance of the Selection of Issuance Targets
6. Conclusion Opinions of the Issuer's Lawyer on the Compliance of the Issuance Process and Targets
7. Statements from Relevant Intermediaries
   • 7.1 Statement from the Sponsor (Lead Underwriter)
   • 7.2 Statement from the Issuer's Lawyer
   • 7.3 Statement from the Audit Institution
   • 7.4 Statement from the Verification Institution
8. Documents for Reference
   • 8.1 Documents for Reference
   • 8.2 Inquiry Location
   • 8.3 Inquiry Time