Henan Shijia Photonic Technology Co., Ltd. Progress Announcement on the Issuance of Shares and Payment of Cash to Purchase Assets, Fundraising for Supporting Projects, and Related Party Transactions

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Stock Code: 688313 Stock Abbreviation: Shijia Photon Announcement Number: 2026-008

Henan Shijia Photon Technology Co., Ltd.

Announcement on the Progress of Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds and Related Transactions

The Board of Directors of the company and all directors guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and will bear legal responsibility for the authenticity, accuracy, and completeness of its content according to law.

I. Overview of the Transaction

Henan Shijia Photon Technology Co., Ltd. (hereinafter referred to as “the Company” or “the Listed Company”) intends to purchase equity of Dongguan Fokexima Communication Technology Co., Ltd. (hereinafter referred to as “Fokexima”) by issuing shares and paying cash, and to raise supporting funds (hereinafter referred to as “this transaction”). After the completion of this transaction, Fokexima will become a holding subsidiary of the listed company. This transaction is expected to constitute a related transaction but does not constitute a major asset restructuring or a restructuring listing.

II. Progress of the Transaction

According to the relevant regulations of the Shanghai Stock Exchange, upon the company’s application, the company’s stock (stock abbreviation: Shijia Photon, stock code: 688313) will be suspended from trading starting from June 30, 2025 (Monday), with the suspension expected to last no more than 10 trading days. For specific details, please refer to the announcements disclosed by the company on the Shanghai Stock Exchange website (www.sse.com.cn) on June 28, 2025, and July 5, 2025, titled “Announcement on the Suspension of Trading for the Planning of Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds” (Announcement Number: 2025-029) and “Announcement on the Progress of the Suspension of Trading for the Planning of Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds” (Announcement Number: 2025-030).

On July 10, 2025, the company held the sixth meeting of the fourth Board of Directors, which reviewed and approved the “Proposal on the Company’s Plan for Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds and Related Transactions” and other related proposals. For specific details, please refer to the announcement titled “Henan Shijia Photon Technology Co., Ltd. Plan for Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds and Related Transactions” disclosed by the company on the Shanghai Stock Exchange website (www.sse.com.cn) on July 11, 2025. According to the relevant regulations of the Shanghai Stock Exchange, upon the company’s application, the company’s stock was resumed trading on July 11, 2025 (Friday) at the market opening.

On the same day, upon the company’s application to the Shanghai Stock Exchange, the company’s stock (stock abbreviation: Shijia Photon, stock code: 688313) resumed trading on July 11, 2025 (Friday) at the market opening. For specific details, please refer to the announcement titled “General Risk Reminder for the Disclosure of the Plan for Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds and the Resumption of Trading of the Company’s Stock” disclosed by the company on the Shanghai Stock Exchange website (www.sse.com.cn) on July 11, 2025 (Announcement Number: 2025-031).

On August 9, 2025, September 6, 2025, October 1, 2025, November 1, 2025, November 29, 2025, January 30, 2026, and February 28, 2026, the company disclosed the “Progress Announcement on Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds and Related Transactions” (Announcement Numbers: 2025-039, 2025-040, 2025-041, 2025-049, 2025-053, 2026-003, 2026-006).

Due to the ongoing due diligence, auditing, and evaluation work related to this transaction, the relevant parties still need to further communicate on key matters such as the transaction plan, transaction price, and performance commitments. The company expects that it will not be able to issue a notice for holding a shareholder meeting within the specified time frame. For specific details, please refer to the special explanation disclosed by the company on the Shanghai Stock Exchange website on December 30, 2025, regarding the inability to issue a notice for holding a shareholder meeting within the specified time frame (Announcement Number: 2025-057) and the “Progress Announcement on Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds and Related Transactions” (Announcement Number: 2025-058). Investors are advised to read the relevant content carefully and pay attention to investment risks.

III. Follow-up Work Arrangements for the Transaction

As of the date of this announcement, the company and relevant parties are advancing various tasks related to this transaction and further negotiating the transaction plan and details with the counterparty. Once the relevant work is completed, the company will hold another Board of Directors meeting to review the relevant matters of this transaction and disclose the related documents of this transaction, using the date of the board resolution announcement as the pricing reference date for issuing shares.

The company will continue to strictly fulfill its information disclosure obligations in accordance with the progress of this transaction and the relevant regulations of the “Administrative Measures for Major Asset Restructuring of Listed Companies” and “Self-Regulatory Guidelines No. 6 for Listed Companies on the Shanghai Stock Exchange - Major Asset Restructuring” and other laws, regulations, and normative documents.

IV. Risk Reminder

This transaction still requires relevant parties to make further decisions and reach consensus on matters related to the transaction plan and still requires the approval of the company’s Board of Directors and the shareholders’ meeting, as well as the approval or consent of competent regulatory authorities before it can be officially implemented. There is uncertainty regarding whether this transaction can ultimately be completed and implemented.

The company will strictly fulfill its information disclosure obligations in a timely manner in accordance with the provisions and requirements of relevant laws and regulations. All information shall be subject to the announcements disclosed on the Shanghai Stock Exchange website (www.sse.com.cn). Investors are advised to pay attention to the company’s subsequent announcements, invest rationally, and be aware of investment risks.

This announcement is hereby made.

Board of Directors of Henan Shijia Photon Technology Co., Ltd.

March 28, 2026

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