Suzhou Huaya Intelligent Technology Co., Ltd. Third Board of Directors 43rd Meeting Resolution Announcement

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Stock Code: 003043 Stock Abbreviation: Huaya Intelligent Announcement No.: 2026-015

Convertible Bond Code: 127079 Convertible Bond Abbreviation: Huaya Convertible Bond

Suzhou Huaya Intelligent Technology Co., Ltd.

Announcement of Resolutions at the 43rd Meeting of the Third Board of Directors

Our company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.

1. Board Meeting Details

Suzhou Huaya Intelligent Technology Co., Ltd. (hereinafter referred to as “the Company”) held the 43rd meeting of the third board of directors on March 23, 2026, in the company’s conference room through a combination of on-site and communication methods. The meeting notice was delivered to all directors on March 20, 2026, via dedicated personnel, email, and communication channels.

The meeting was chaired by Chairman Wang Cainan, with 7 directors expected to attend, and all 7 directors actually attended. Senior management of the company also participated. The convening and holding of the meeting complied with the relevant provisions of the Company Law and the Articles of Association.

2. Board Resolution Details

The meeting adopted a voting method by named ballot. After full discussion and deliberation among the attending directors, the following resolutions were passed:

1. Approved the “Proposal on Signing the Framework Agreement for Daily Business Product Sales and Related Transactions”

Due to operational needs, Suzhou Landong Technology Co., Ltd. intends to purchase products from the company. The two parties will sign the “Energy Storage Cabinet Product Procurement Framework Agreement.” The products provided by the company are still precision metal structural parts used by Landong Technology for energy storage cabinets. The estimated annual transaction amount under this agreement will not exceed 20 million yuan, accounting for 1.12% of the company’s audited net assets in 2024.

Details are disclosed in the “Announcement on Signing the Framework Agreement for Daily Business Product Sales and Related Transactions” on the same day.

Voting results: 5 votes in favor, 0 against, 0 abstentions. Related directors Wang Cainan and Wang Jingyu abstained from voting on this proposal.

Outcome: Approved.

3. Files for Reference

4. Resolution of the 43rd Meeting of the Third Board of Directors of Suzhou Huaya Intelligent Technology Co., Ltd.

This announcement is hereby made!

Suzhou Huaya Intelligent Technology Co., Ltd.

Board of Directors

March 24, 2026

Stock Code: 003043 Stock Abbreviation: Huaya Intelligent Announcement No.: 2026-016

Convertible Bond Code: 127079 Convertible Bond Abbreviation: Huaya Convertible Bond

Suzhou Huaya Intelligent Technology Co., Ltd. Announcement on Signing the Framework Agreement for Daily Business Product Sales and Related Transactions

Our company and all members of the board guarantee that the disclosed information is true, accurate, and complete, with no false records, misleading statements, or major omissions.

1. Overview of Related Transactions

2. Due to operational needs, Suzhou Landong Technology Co., Ltd. (hereinafter “Landong Technology”) intends to purchase products from Suzhou Huaya Intelligent Technology Co., Ltd. (hereinafter “the Company”). The two parties will sign the “Energy Storage Cabinet Product Procurement Framework Agreement” (Note: The products provided by the company are still precision metal structural parts used by Landong Technology for energy storage cabinets). The estimated annual transaction amount under this agreement will not exceed 20 million yuan, accounting for 1.12% of the company’s audited net assets in 2024.

3. On March 23, 2026, the company held the 43rd meeting of the third board of directors, which approved the “Proposal on Signing the Framework Agreement for Daily Business Product Sales and Related Transactions.” Related directors Wang Cainan and Wang Jingyu abstained from voting. Non-related directors Kuai Haibo, Lu Chunhong, Ma Yuhong, Bao Haishan, and Liu Jianming voted in favor with 5 votes, with no opposition or abstentions.

4. On March 23, 2026, the company held the 6th meeting of the independent directors of the third board, with a voting result of 3 in favor, 0 against, and 0 abstentions, approving the above proposal. Independent directors issued review opinions.

5. Since Landong Technology and the company are jointly controlled by Wang Jingyu (who is one of the company’s actual controllers), this transaction constitutes a related-party transaction according to the relevant provisions of the Shenzhen Stock Exchange Stock Listing Rules. However, it does not constitute a major asset restructuring as defined by the “Administrative Measures for Major Asset Restructuring of Listed Companies,” and does not require approval from relevant authorities. According to the Shenzhen Stock Exchange Stock Listing Rules and other relevant regulations, this transaction can be implemented after approval by the company’s board of directors without requiring shareholder approval.

6. Basic Information of Related Parties

7. Basic Information

Name: Suzhou Landong Technology Co., Ltd.

Establishment Date: January 29, 2026

Legal Representative: Li Zhen

Registered Capital: 10 million yuan

Registered Address: 13th Floor, Aoying Building, No. 24 Nantiancheng Road, High-Speed Rail New City, Xiangcheng District, Suzhou, Jiangsu Province

Business Scope: Technical services, development, consulting, communication, transfer, and promotion; R&D of new energy technologies; power generation technical services; mechatronic system development; intelligent control system integration; energy storage technology services; high-efficiency energy-saving technology R&D for the power industry; sales of new energy prime movers; sales of generators and generator sets; mechanical equipment R&D; equipment leasing; sales of mechanical equipment; electrical equipment repair; solar power generation technology services; centralized fast charging stations; sales of intelligent transmission and distribution equipment; contract energy management; online energy metering technology R&D; online energy monitoring technology R&D; sales of battery parts; battery sales; engineering and technical research and development; industrial engineering design services; import and export of goods; technology import and export (excluding projects subject to approval by law, operating independently with business license).

Actual Controller: Wang Jingyu, holding 51% of shares, currently serving as director.

2. Recent Financial Data

Landong Technology was established on January 29, 2026. In March 2026, it received a paid-in capital of 5 million yuan from shareholders. As of the date of this announcement, there are no recent financial data available.

3. Relationship with the Listed Company: jointly controlled by Wang Jingyu (who is one of the company’s actual controllers).

4. Landong Technology is not listed as a dishonest person subject to enforcement.

5. Pricing Policy and Basis

The company adheres to the principles of openness, fairness, and impartiality, determining the transaction price based on market fair value through equal negotiation. There is no damage to the interests of the listed company.

4. Main Content of Related Transactions

(1) Framework Content

1. Contract Mode and Order Management

(1) Nature of Cooperation: This is a framework procurement agreement, which stipulates the cooperation model, pricing mechanism, delivery principles, and legal responsibilities. It does not directly constitute specific purchase obligations; specific models, quantities, unit prices, total amounts, and delivery times will be specified in subsequent purchase orders or supplementary agreements.

(2) Scope of Cooperation: Under this agreement, all products of Party A (Landong Technology) are produced and delivered by Party B (the Company).

(3) Order Effectiveness: Party A issues a “Purchase Order” based on actual needs (including but not limited to written stamped documents, emails, or system confirmations). Party B shall confirm receipt within 3 working days (by return stamped or email confirmation). Once confirmed, the order becomes an integral part of this agreement and has equal legal effect. If specific terms in the purchase order (such as model, quantity, price, delivery date) conflict with this framework agreement, the purchase order shall prevail; if not specified, the terms of this framework agreement shall apply.

2. Price and Settlement Mechanism

(1) Basic Pricing: Both parties agree to refer to current market raw material prices, product standard BOMs, and standard processes as the baseline.

(2) Price Adjustment: If the prices of major raw materials (such as copper, steel, aluminum) fluctuate significantly before order confirmation, both parties may initiate price review.

(3) Payment Terms: Party B shall pay within 90 days via bank transfer after the goods are accepted and Party B issues a valid VAT special invoice with a 13% tax rate.

3. Delivery and Acceptance

(1) Production and Delivery Standards: Party A provides drawings and technical specifications; Party B is responsible for production and delivery. Final delivery includes complete sheet metal assembly, electrical assembly, and wiring, meeting Party A’s drawings and national quality standards.

(2) Delivery Date: To be specified in the purchase order.

(3) Acceptance Process: After delivery, Party A shall use the final drawings (wiring diagrams, 3D models, etc.) as acceptance standards. Acceptance includes quantity check, internal installation inspection, appearance inspection, and functional testing (if needed). Signing the “Goods Acceptance Form” indicates acceptance. From the date of signing, Party B has fulfilled its delivery and quality obligations for that batch; the risk of damage, loss, and custody shall be borne by Party A.

(2) Other Related Terms

1. Rights and Obligations of Party A

Has the right to know and supervise Party B’s production and shipment progress; provide necessary technical data and support during production; pay promptly as per agreement.

2. Rights and Obligations of Party B

Ensure products meet drawings, standards, and industry norms; deliver on time, in quantity, and with quality as specified; not sell, display, or provide to third parties any customized products, molds, or components without Party A’s written permission.

3. Confidentiality

Both parties shall keep confidential the technical, commercial, and pricing information obtained during cooperation; shall not disclose to third parties without written consent; confidentiality obligations continue for 3 years after contract termination; breach causing damages shall be liable for full compensation.

4. Dispute Resolution

Any disputes arising from or related to this agreement shall be resolved through friendly negotiation; if unsuccessful, submit to the competent court at Party A’s location.

5. Other

Validity Period: This agreement is valid for 2 years from the date of signing and sealing by the legal representatives or authorized persons of both parties. Renewal: 30 days before expiration, if no objection, the agreement may automatically extend for 1 year, with no limit on extensions. Termination: Any party wishing to terminate must give 30 days’ prior written notice and settle payments for effective orders and unfinished orders.

5. Signing of Related Party Transaction Agreement

As of now, the parties have not yet formally signed this procurement framework agreement. It will be signed after approval by the board of directors.

6. Purpose and Impact of the Related Party Transaction

This related-party transaction with Landong Technology is part of the company’s normal business operations. Landong Technology plans to launch energy storage cabinets, and its procurement of precision metal structural parts aligns closely with the company’s main business. The company has long-term technical accumulation, capable of large-scale production, quality control, and stable delivery, ensuring supply and after-sales stability, and reducing overall costs. The pricing is fair and reasonable, with no harm to the company’s or shareholders’ interests.

Based on Landong Technology’s development plan, future business exchanges are expected to continue. The company will strictly follow related-party transaction pricing principles to ensure fairness. This transaction will not affect the company’s independence or its ability to operate sustainably.

7. Independent Directors’ Review Opinions

On March 23, 2026, the company’s third board of directors’ independent directors held the sixth special meeting, which approved the “Proposal on Signing the Framework Agreement for Daily Business Product Sales and Related Transactions.” After careful review, the independent directors expressed the following opinions: We believe that the signing of this related-party transaction framework agreement is a routine business activity, consistent with the company’s daily operations and development needs, with reasonable and fair pricing. It does not harm the interests of the company or its shareholders, especially minority shareholders. We agree to submit this proposal to the third board of directors for approval.

8. Risk Reminder

This related-party transaction is a framework contract; the actual transaction amount will depend on subsequent orders and implementation. It does not guarantee current or future performance. If Landong Technology exceeds this limit in future transactions, the company will re-approve and disclose according to regulations. The company remains in the precision metal manufacturing industry. Investors are advised to make rational judgments, exercise caution, and be aware of investment risks.

9. Files for Reference

10. Resolution of the 43rd Meeting of the Third Board of Directors

11. Resolution of the Sixth Meeting of the Independent Directors of the Third Board

12. Procurement Framework Agreement

This announcement is hereby made!

Suzhou Huaya Intelligent Technology Co., Ltd.

Board of Directors

March 23, 2026