Announcement on the Use of Part of Idle Raised Funds and Own Funds for Cash Management

Securities Code: 301501 Securities Abbreviation: Hengxin Life Announcement Number: 2026-016 Hefei Hengxin Life Technology Co., Ltd. Announcement on the Use of Part of Idle Raised Funds and Own Funds for Cash Management The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions. Hefei Hengxin Life Technology Co., Ltd. (hereinafter referred to as the "Company") held the 11th meeting of the Second Board of Directors on April 25, 2026, and approved the "Proposal on the Use of Part of Idle Raised Funds and Own Funds for Cash Management." The Company agreed to use no more than RMB 220 million of idle raised funds (including surplus raised funds) and no more than RMB 200 million of idle own funds for cash management, provided that the investment does not affect the construction of the raised fund investment projects (hereinafter referred to as "Fund Investment Projects") and the Company's normal production and operation. The term of use shall not exceed 12 months from the date of approval by the Board of Directors. Within the aforementioned amount and period, the funds can be used in a revolving manner. The specific situation is announced as follows: I. Basic Situation of Raised Funds With the approval of the China Securities Regulatory Commission's "Approval on the Registration of Hefei Hengxin Life Technology Co., Ltd.'s Initial Public Offering of Shares" (Zhengjian Permit (2024) No. 1909), the Company issued 25,500,000 ordinary shares of RMB 1.00 par value per share at an issue price of RMB 39.92 per share. The total amount of raised funds was RMB 1,017.96 million. After deducting issuance expenses (excluding VAT) of RMB 119.0453 million, the net amount of raised funds was RMB 898.9147 million. The above-mentioned raised funds were transferred to the Company's designated account on March 13, 2025. Rongcheng Certified Public Accountants (Special General Partnership) audited the receipt of the Company's raised funds and issued the "Capital Verification Report" (Rongcheng Yan Zi [2025] No. 23020024). The Company has opened a special account for raised funds, and the raised funds are deposited in a special account. A "Tripartite Supervision Agreement for Raised Funds" has been signed with the sponsor and the bank supervising the special account for raised funds. II. Situation of Raised Fund Investment Projects According to the "Prospectus for the Initial Public Offering of Shares of Hefei Hengxin Life Technology Co., Ltd. and Listing on the ChiNext Market" and the "Announcement on Changing Part of the Fund Investment Projects and Investing in New Projects with Surplus Raised Funds" (Announcement No.: 2026-003) disclosed by the Company, as of February 28, 2026, the usage of the Company's raised funds (including surplus raised funds) is as follows: