Hangcha Group: A subsidiary plans to acquire 99.23% of the shares of Guozi Robot through capital increase and share expansion.

Hangcha Group Announcement: Subsidiary Zhejiang Hangcha Intelligent Technology Co., Ltd. plans to acquire 99.23% of the shares of Zhejiang Guozi Robot Technology Co., Ltd. held by affiliated parties and other transferors by increasing capital and expanding shares. After the completion of this transaction, Hangcha Intelligent will hold 99.23% of Guozi Robot's shares, with a transaction price of 398 million RMB. Hangcha Group's equity stake in Hangcha Intelligent will change from 81% to 44.28%, but still remain the controlling shareholder of Hangcha Intelligent. This transaction constitutes a related party transaction and was approved by the 25th meeting of the seventh board of directors of the company on July 7, 2025, without the need for approval by the company's shareholders' meeting.