Securities code: 688568 Securities abbreviation: Zhongke Xingtu Announcement No.: 2025-026

Zhongke Xingtu Co., Ltd. is a wholly-owned subsidiary of the company

Announcement on the reduction of the amount of subscribed capital contribution of industrial investment funds

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

1. Overview of the Fund

Zhongke Xingtu Co., Ltd. (hereinafter referred to as the "Company") held its second session on May 4, 2023

At the 21st meeting of the board of directors, the "Proposal on Investing in the Establishment of Wholly-owned Subsidiaries and Participating in the Investment Industry Fund" was deliberated and approved. Approved that the company intends to invest 50,000 yuan to establish Zhongke Xingtu Capital Management Co., Ltd. (hereinafter referred to as "Xingtu Capital"), and jointly establish an industrial investment fund with Founder Hesheng Investment Co., Ltd., Anhui Artificial Intelligence Theme Investment Fund Partnership (Limited Partnership) and Hefei High-quality Development Guidance Fund Co., Ltd. The target subscription and raising scale of the industrial investment fund is RMB200,000, of which Xingtu Capital intends to subscribe and contribute RMB40,000 with its own funds as a general partner, accounting for the fund's subscribed capital

20% of the total. For details, please refer to the company's website on the Shanghai Stock Exchange on May 6, 2023

(www.sse.com.cn) Announcement on the Proposed Investment and Establishment of a Wholly-owned Subsidiary and Participation in the Investment Industry Fund of Zhongke Xingtu Co., Ltd. (Announcement No.: 2023-017).

On August 7, 2023, the industrial investment fund completed the registration procedures for the establishment of industry and commerce, and the name was registered as "An

Hui Province Hesheng Xingtu Aerospace Intelligent Venture Capital Fund Partnership (Limited Partnership)" (hereinafter referred to as "Hesheng Xingtu Fund"), and obtained the "Business License" issued by the Hefei Municipal Market Supervision and Administration Bureau. On October 13, 2023, in accordance with the requirements of the Securities Investment Fund Law of the People's Republic of China and the Interim Measures for the Supervision and Administration of Private Investment Funds, Hesheng Xingtu Fund completed the filing procedures with the Asset Management Association of China, and obtained the "Private Investment Fund Filing Certificate" (filing code: SABU02).

On December 24, 2024, Hesheng Xingtu Fund made a resolution at the partners' meeting and agreed to the limited partners

Hefei High-quality Development Guidance Fund Co., Ltd. transferred the capital contribution of 40,000 yuan (160 million yuan has been paid-in, 240 million yuan has not been paid) held by Hesheng Xingtu Fund to Hefei Venture Capital Guidance free of charge

The Fund Limited. On March 26, 2025, Hesheng Xingtu Fund completed the transfer of capital contribution

Procedures for changing the registration of the business.

The basic situation of Hefei Venture Capital Guidance Fund Co., Ltd. (limited partner) is as follows:

Name: Hefei Venture Capital Guidance Fund Co., Ltd

Unified Social Credit Code 91340100395804117Y

Registered address: 22nd Floor, Amber Fifth Ring City and Song Pavilion at the intersection of Xiyou Road and Jinzhai Road, Shushan District, Hefei City

Legal representative: Fang Wei

The registered capital is 5918.25 million yuan

Type: Limited liability company (sole proprietorship of a legal person that is not invested or controlled by a natural person)

Founded on September 2, 2014

The operating period is from September 2, 2014 to September 1, 2034

Business Scope: Equity Investment; investment advisory; investment management; Asset management

Affiliation or other interests related to the company, the company's controlling shareholders, actual controllers, directors, supervisors, and senior management

Affiliation or other interest relationship

2. The reduction of the subscribed capital contribution of the industrial investment fund

Based on the adjustment of the development strategy, after the consensus of all partners, the subscribed capital contribution of Hesheng Xingtu Fund will be reached

From RMB200,000 to RMB80,000,000, each partner will be reduced in equal proportions

Figure the amount of subscribed capital contributions to the Fund. Among them, the subscribed capital contribution of Xingtu Capital was reduced from RMB 40,000 to

RMB160 million, reducing the subscribed capital contribution by RMB240 million.

After the change of the subscribed capital contribution, the amount of subscribed capital contribution and the subscribed capital contribution ratio of each partner of Hesheng Xingtu Fund are as follows

Under:

Contribution before reduction after reduction

Name of partner Type Method Subscribed Capital Contribution Subscribed Capital Contribution

(10,000 yuan) Subscription ratio (10,000 yuan) Subscription ratio

Founder Hesheng Investment Co., Ltd. General Partner Currency 60,000.00 30.00% 24,000.00 30.00%

Ren company

Xingtu Capital Management has General Partner Currency 40,000.00 20.00% 16,000.00 20.00%

Limited to companies

Artificial intelligence theme in Anhui Province

Investment Fund Partnership Limited Partner Currency 60,000.00 30.00% 24,000.00 30.00%

(Limited Partnership)

Hefei Venture Capital Guidance Limited Partner Currency 40,000.00 20.00% 16,000.00 20.00%

The Fund Limited

Total - - 200,000.00 100.00% 80,000.00 100.00%

Except for the above-mentioned changes in the amount of subscribed capital contributions, the other main contents of the original partnership agreement of Hesheng Xingtu Fund remain unchanged.

On April 14, 2025, all partners of Hesheng Xingtu Fund have re-signed the "Anhui

Provincial Hesheng Xingtu Aerospace Intelligent Venture Capital Fund Partnership (Limited Partnership) Partnership Agreement" and will go through the registration procedures for change.

3. The impact of the reduction of the subscribed capital contribution of the industrial investment fund on the company

The reduction of the subscribed capital contribution of the wholly-owned subsidiary Xingtu Capital will not affect the proportion of Xingtu Capital's capital contribution in the Hesheng Xingtu Fund, will not affect the normal operation of the fund, is conducive to improving the efficiency of the use of the company's funds, will not affect the company's ability to continue to operate, does not harm the interests of the company and all shareholders, and will not have a significant impact on the company's performance.

The reduction of the wholly-owned subsidiary, Xingtu Capital, and the subscribed capital contribution of Shengxingtu Fund do not need to be submitted to the company's board of directors and shareholders' general meeting for deliberation, and do not constitute related party transactions, nor do they constitute major asset restructuring as stipulated in the Administrative Measures for Major Asset Restructuring of Listed Companies.

The announcement is hereby made.

Board of Directors of Zhongke Xingtu Co., Ltd

April 15, 2025