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Summary of the Prospectus for Issuance of Convertible Corporate Bonds to Non-Specific Targets

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Suzhou Tianmai Thermal Technology Co., Ltd. is issuing convertible corporate bonds to non-specific targets. The bonds have been assigned an AA credit rating with a stable outlook. The company provides no guarantees for this issuance. This document outlines the company's current profit distribution policy, which prioritizes cash dividends and emphasizes sustainable development and investor returns.

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[Chart: Suzhou Tianmai Logo]

Suzhou Tianmai Thermal Technology Co., Ltd.

(No. 68 Huikai Road, Luzhi Town, Wuzhong District, Suzhou City, Jiangsu Province)

Issuance of Convertible Corporate Bonds to Non-Specific Targets

Summary of the Prospectus

Sponsor (Lead Underwriter)

[Chart: Guotai Haitong Securities Logo]

(No. 618 Shangcheng Road, China (Shanghai) Pilot Free Trade Zone)

July 2026

Statement

The China Securities Regulatory Commission (CSRC) and the Shenzhen Stock Exchange do not guarantee the truthfulness, accuracy, or completeness of the application documents and disclosed information regarding this issuance, nor do they make any substantive judgment or guarantee regarding the issuer's profitability, investment value, or investor returns. Any statement to the contrary is a false representation.

According to the Securities Law, after the securities are issued in accordance with the law, the issuer is solely responsible for changes in its operations and earnings. Investors shall independently judge the investment value of the issuer, make their own investment decisions, and bear the investment risks arising from changes in the issuer's operations, earnings, or securities price fluctuations after the issuance.

Important Matters Notice

The company specifically reminds investors to pay attention to the following major matters or risk factors and to carefully read the relevant chapters of this prospectus.

  1. Explanation on Compliance with Issuance Conditions for Convertible Corporate Bonds

In accordance with the Securities Law, the Administrative Measures for the Registration of Securities Issuance by Listed Companies, the Administrative Measures for Convertible Corporate Bonds, and other relevant regulations, the company's issuance of convertible corporate bonds to non-specific targets meets the statutory issuance conditions.

  1. Credit Rating of the Convertible Corporate Bonds

These convertible corporate bonds have been rated by a credit rating agency. According to the Credit Rating Report for the Issuance of Convertible Corporate Bonds to Non-Specific Targets by Suzhou Tianmai Thermal Technology Co., Ltd. issued by the credit rating agency, the issuer's entity credit rating is AA, and the credit rating of these convertible corporate bonds is AA, with a stable rating outlook. During the term of these convertible bonds, the credit rating agency will conduct a follow-up rating at least once a year. If the credit rating of these bonds is lowered due to changes in the external operating environment, the company's own situation, or changes in rating standards, it will increase investment risks and affect investor interests.

  1. No Guarantee Provided for the Convertible Corporate Bonds

The company does not provide any guarantee measures for this issuance. If events occur during the term of the convertible bonds that have a significant negative impact on the company's operations, management, or debt repayment capacity, the bonds may not be effectively guaranteed due to the lack of security.

  1. Profit Distribution Policy and Cash Dividends in the Last Three Years

(I) Current Profit Distribution Policy

  1. Value reasonable investment returns for investors, and fully consider the opinions of independent directors and public investors during the decision-making and argumentation process.

  2. Maintain the continuity and stability of the profit distribution policy while considering the company's long-term and sustainable development.

  3. Prioritize the cash dividend method for profit distribution.

  4. Fully listen to and consider the requirements of small and medium-sized shareholders.

  5. Fully consider monetary policy.

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