Wanxing Technology: Letter of Commitment for 45 million yuan Stock Repurchase Loan

Wanxing Technology Announcement: The company has received a "Loan Commitment Letter" issued by China Bank Limited, Shenzhen Branch, agreeing to provide the company with a special loan of no more than 45 million yuan, with a loan term of 3 years. The funds will only be used for repurchasing company stocks. Prior to this, the company held a board meeting on April 25, 2025 to approve a stock repurchase plan, agreeing to use its own funds and self-raised funds to repurchase company stocks through the Shenzhen Stock Exchange trading system in a centralized bidding trading method. The total amount of repurchase funds shall not be less than 25 million yuan and not exceed 50 million yuan.