Shanghai Xisiba Technology Co., Ltd. Announcement Regarding Partial Share Pledge by Actual Controller

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Securities Code: 603200
Securities Abbreviation: Shanghai Xiba
Announcement No.: 2026-004

Shanghai Xiba Technology Co., Ltd.

Announcement Regarding Partial Share Pledge by the Actual Controller

The company’s board of directors, all directors, and relevant shareholders guarantee that the content of this announcement is free from any false records, misleading statements, or major omissions, and assume legal responsibility for its truthfulness, accuracy, and completeness.

Key Highlights:

● One of the actual controllers of Shanghai Xiba Technology Co., Ltd. (hereinafter referred to as “the Company”), Ms. Wen Huilan, holds 7,650,061 shares, accounting for 4.36% of the company’s current total shares.

● After this partial share pledge, Ms. Wen Huilan has pledged a total of 3,100,000 shares, representing 40.52% of her holdings and 1.77% of the company’s current total shares.

● Ms. Wen Huilan and her concerted action partners—Dr. Wang Wei, Shanghai Chengxu Business Consulting Partnership (Limited Partnership), Shanghai Huixu Business Consulting Partnership (Limited Partnership), Yinwan Quanying No. 17 Private Securities Investment Fund, Tiancheng Tianli No. 5 Private Securities Investment Fund, and Shanghai Beier Investment Management Co., Ltd.—hold a total of 90,479,149 shares, accounting for 51.56% of the company’s current total shares. As of the date of this announcement, none of Ms. Wen Huilan’s concerted action partners—Dr. Wang Wei, Shanghai Chengxu Business Consulting Partnership (Limited Partnership), Shanghai Huixu Business Consulting Partnership (Limited Partnership), Yinwan Quanying No. 17 Private Securities Investment Fund, Tiancheng Tianli No. 5 Private Securities Investment Fund, and Shanghai Beier Investment Management Co., Ltd.—have pledged shares.

On March 23, 2026, the company was informed that one of the actual controllers, Ms. Wen Huilan, had pledged some of her shares in the company. The relevant details are hereby announced as follows:

  1. Basic information about this share pledge

Note: Any discrepancies in the above data are due to rounding.

  1. The pledged shares are not used as guarantees or other collateral for major asset restructuring, performance compensation, or similar purposes.

II. Cumulative Share Pledge by Shareholders

As of the disclosure date, the cumulative pledge of shares by the above shareholders and their concerted action partners is as follows:

Note: Any discrepancies in the above data are due to rounding.

III. Additional Explanation

As one of the company’s actual controllers, Ms. Wen Huilan’s share pledge this time will not lead to a change in the company’s control, nor will it adversely affect the company’s production, operation, equity structure, or corporate governance.

This announcement is hereby made.

Shanghai Xiba Technology Co., Ltd.

Board of Directors

March 23, 2026

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