Zhongchuang Zhiling (Zhengzhou) Industrial Technology Group Co., Ltd. Progress Announcement on Participating in Private Equity Fund Investment and Related Party Transactions

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Stock Code: 601717 Stock Abbreviation: Zhongchuang Zhiling Announcement No.: 2026-012

Zhongchuang Zhiling (Zhengzhou) Industrial Technology Group Co., Ltd.

Announcement on the Progress of Participation in Investment in Private Equity Fund and Related Transactions

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

Important Content Reminder:

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1. Overview of Basic Information on Participation in Investment in Private Equity Fund

On September 22, 2025, Zhongchuang Zhiling (Zhengzhou) Industrial Technology Group Co., Ltd. (hereinafter referred to as “the Company”) held the 17th meeting of the 6th Board of Directors, at which it reviewed and approved the “Proposal on Participation in Investment in Private Equity Fund and Related Transactions.” According to the Board resolution, the Company signed the “Asset Transfer Agreement” with related party Henan Asset Management Co., Ltd. (hereinafter referred to as “Henan Asset”) on the same day, agreeing that the Company would acquire the 20,200.00 million yuan limited partnership share of Henan Hongkai Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as “the Partnership” or “Hongkai Fund”) held by Henan Asset at a price of zero; and jointly signed the “Partnership Agreement of Henan Hongkai Equity Investment Fund Partnership (Limited Partnership)” with Henan Asset and Henan Asset Fund Management Co., Ltd., agreeing that the Company would contribute 20,200.00 million yuan as a limited partner in the Hongkai Fund, accounting for 25.0935% of the total contribution amount of the Hongkai Fund. The Board of Directors authorized the management of the Company to participate in fund investment within the quota of 20,200.00 million yuan according to the “Capital Contribution Notice” sent by the fund manager. For specific content, please refer to the announcement titled “Announcement on Participation in Investment in Private Equity Fund and Related Transactions by Zhongchuang Zhiling (Zhengzhou) Industrial Technology Group Co., Ltd.” published by the Company on the Shanghai Stock Exchange official website (www.sse.com.cn) on September 23, 2025 (Announcement No.: 2025-058).

On September 30, 2025, the Company disclosed the “Announcement on the Progress of Participation in Investment in Private Equity Fund and Related Transactions by Zhongchuang Zhiling (Zhengzhou) Industrial Technology Group Co., Ltd.” (Announcement No.: 2025-062) on the Shanghai Stock Exchange official website (www.sse.com.cn). The registration of business changes and the filing procedures for the private equity fund have been completed for this investment in the private equity fund.

2. Progress of This External Investment

Due to reasons such as fund arrangement and contribution needs, the Hongkai Fund held a partners’ meeting, and all partners unanimously agreed to reduce the scale and capital of the partnership enterprise. The fund size and total contribution of the partnership were reduced from 80,499.00 million yuan to 10,783.78 million yuan, with the contribution amount of the general partner remaining unchanged, and the unpaid contribution portion of all limited partners being fully reduced. Recently, the Company received a notice from the fund manager that the Hongkai Fund has completed the scale reduction and the business change registration procedures.

After the change is completed, the basic information of the Hongkai Fund is as follows:

1. Fund Name: Henan Hongkai Equity Investment Fund Partnership (Limited Partnership)

2. Unified Social Credit Code: 91410100MAEW85P24W

3. Organizational Form: Limited Partnership

4. Executive Partner and Fund Manager: Henan Asset Fund Management Co., Ltd.

5. Fund Size/Contribution Amount: 10,783.78 million yuan

6. Establishment Date: September 5, 2025

7. Business Scope: Permitted Projects: Management of private equity investment funds, management services for venture capital funds (must be conducted after registration with the Asset Management Association of China) (Projects subject to approval must be approved by relevant departments before business activities can be conducted; specific business projects are subject to the approval documents or licenses from relevant departments)

8. Main Business Location: Room 1101-4, 11th Floor, South Building of Huhang Center, North of Huanghai Road and West of Meihe Road, Zhengzhou Airport Economic Zone, Henan Province

9. The contributions and contribution ratios of each partner before and after the scale reduction are as follows:

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3. Impact of This Capital Reduction on the Company

After this capital reduction, the Company’s subscribed contribution amount to the Hongkai Fund changes from 20,200.00 million yuan to 5,050.00 million yuan, and the subscribed contribution ratio changes from 25.09% to 46.83%. According to the Company’s articles of association and relevant regulations and the authorization of the Board of Directors, this adjustment does not need to be submitted to the Company’s Board of Directors or shareholders’ meeting for deliberation. This adjustment is based on the actual operating situation of Hongkai and helps to ensure the legal and compliant operation of the fund, which will not have an adverse impact on the Company’s financial and operational status, and does not harm the interests of the Company and its shareholders.

4. Risk Warning

Funds have characteristics such as long investment cycles and lower liquidity, and during the investment process, they will be influenced by various factors such as macroeconomic conditions, industry cycles, and the management of investment targets, which may involve the risk of investment returns not meeting expectations. The Company will continue to closely monitor the subsequent operation of the fund and fulfill its information disclosure obligations in accordance with relevant laws and regulations. Investors are advised to make cautious decisions and pay attention to investment risks.

This announcement is hereby made.

Zhongchuang Zhiling (Zhengzhou) Industrial Technology Group Co., Ltd.

Board of Directors

March 18, 2026

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