Securities code: 688608 Securities abbreviation: Hengxuan Technology Announcement No.: 2024-056

Hengxuan Technology (Shanghai) Co., Ltd

Notice on the convening of the first extraordinary general meeting of shareholders in 2024

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of the announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

Date of the General Meeting of Shareholders: November 12, 2024

The online voting system adopted by the general meeting of shareholders: online voting of the general meeting of shareholders of the Shanghai Stock Exchange

system

1. Basic information on the convening of the meeting

(1) The type and session of the general meeting of shareholders

First Extraordinary General Meeting of Shareholders in 2024

(2) Convener of the general meeting of shareholders: the board of directors

(3) Voting method: The voting method adopted by the general meeting of shareholders is a combination of on-site voting and online voting

(iv) The date, time and place of the on-site meeting

Date and time: November 12, 2024 at 14:00

Location: Room 201, Block B, Changtai Plaza, Lane 2889, Jinke Road, Pudong New Area, Shanghai

(5) The system, start and end dates and voting times of online voting.

Online voting system: the online voting system of the general meeting of shareholders of the Shanghai Stock Exchange

Online voting: November 12, 2024

Until November 12, 2024

Using the online voting system of the Shanghai Stock Exchange, the voting time of the voting platform through the trading system is the trading time of the day of the general meeting of shareholders, that is, 9:15-9:25, 9:30-11:30, 13:00-15:00;

The voting time of the online voting platform is 9:15-15:00 on the day of the general meeting of shareholders.

(6) Voting procedures for margin trading, refinancing, agreed repurchase business accounts and Shanghai-Hong Kong Stock Connect investors

Accounts related to margin trading, refinancing, agreed repurchase business, and Shanghai-Hong Kong Stock Connect investors shall be subject to the Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1 – Standardized Operation.

(7) Involving public solicitation of shareholders' voting rights

There is no public solicitation of shareholder voting rights.

2. Matters to be considered by the meeting

The general meeting of shareholders deliberated on the proposal and the type of voting shareholder

Types of voting shareholders

Serial No. Name of Proposal Shareholders of A shares

Non-cumulative voting motions

1. Proposal on using part of the over-raised funds to increase the investment amount of the fund-raising project √

2 Proposal on the use of part of the over-raised funds to permanently replenish the working capital √

3 Proposal on the profit distribution plan for the first three quarters of 2024 √

4. Proposal on changing the registered capital of the company and amending the articles of association √

1. Explain the time and media of disclosure of each proposal

The proposals 1, 2 and 3 submitted to the general meeting of shareholders have been deliberated and passed by the 14th meeting of the second board of directors and the 14th meeting of the second board of supervisors of the company, and proposal 4 has been the 14th meeting of the second board of directors of the company

The meeting deliberated and adopted. The relevant announcement was made on the website of the Shanghai Stock Exchange on October 25, 2024

(www.sse.com.cn) and China Securities Journal, Shanghai Securities News, Securities Times, and Securities Daily.

2. Special Resolutions: 4

3. Proposals for separate counting of votes for small and medium-sized investors: 3

4. Proposals involving the recusal of related shareholders from voting: none

Name of related shareholders who should abstain from voting: None

5. Proposals involving the participation of preferred shareholders in voting: none

3. Precautions for voting at the general meeting of shareholders

(1) Shareholders of the Company who exercise their voting rights through the online voting system of the general meeting of shareholders of the Shanghai Stock Exchange can either log in to the voting platform of the trading system (through the trading terminal of the securities company designated for trading) or log in to the Internet voting platform (website: vote.sseinfo.com) to vote. If you log in to the Internet voting platform for the first time to vote, investors need to complete shareholder identity verification. For specific operations, please refer to the instructions on the website of the Internet voting platform.

(2) If the same voting right is repeated through on-site, the firm's online voting platform or other means, the result of the first vote shall prevail.

(3) Shareholders can only submit all proposals after they have voted on them.

4. Attendees of the meeting

(1) Shareholders of the Company registered in the Shanghai Branch of China Depository and Clearing Co., Ltd. at the close of the afternoon of the share registration date have the right to attend the general meeting of shareholders (see the table below for details) and may entrust proxies to attend the meeting and vote in writing. The nominee does not have to be a shareholder of the company.

Share Class Stock Code Stock Abbreviation Share Record Date

A shares 688608 Hengxuan Technology 2024/11/6

(2) Directors, supervisors and senior management of the company.

(3) Lawyers hired by the company.

(iv) Other personnel.

5. Registration for the Conference

Shareholders or shareholders' representatives who intend to attend the meeting of the extraordinary general meeting of shareholders shall hold the following documents for registration:

1. If the legal representative/executive partner of the enterprise shareholder appoints a representative to attend the general meeting of shareholders in person, he or she shall go through the registration formalities with his ID card/passport, the identity certificate of the legal representative/executive partner, the copy of the business license/registration certificate of the enterprise (with the official seal) and the securities account card; If a shareholder of an enterprise entrusts an agent to attend the general meeting of shareholders, he or she shall go through the registration formalities with the agent's ID card/passport, power of attorney (see Annex 1 for details), a copy of the business license/registration certificate of the enterprise (with the official seal), and a securities account card.

2. If a natural person shareholder attends the general meeting of shareholders in person, he or she shall register with his or her ID card/passport and securities account card; If a natural person shareholder entrusts an agent to attend the meeting, he or she shall register with the agent's ID card/passport, power of attorney (see Annex 1 for details), the principal's securities account card, and a copy of the principal's ID card.

3. A copy of the above registration materials shall be provided, the copy of the personal registration materials shall be signed by the individual, and the copy of the certificate of the legal representative shall be stamped with the official seal of the company.

4. The shareholders or agents of the company can go directly to the company for registration, or they can register by letter, and the name / name of the shareholder, the shareholder's account, the contact address, the zip code, and the contact number must be written on the letter, and the copy of the supporting materials listed in paragraphs 1 and 2 above shall be attached

The words "General Meeting of Shareholders" must be delivered to the place of registration before 17:30 p.m. on November 11, 2024

Dot.

(2) The time and place of registration

Registration time: November 11, 2024 (10:00-12:00 a.m., 13:30-17:00 p.m.)

Registration location: Room 201, Block B, Changtai Plaza, Lane 2889, Jinke Road, Pudong New Area, Shanghai

(3) Precautions

Shareholders or agents are required to bring the above supporting documents when attending the on-site meeting, and the company does not accept registration by telephone.

6. Other matters

(1) Shareholders or agents attending the meeting shall pay for their own transportation, accommodation and expenses.

(2) Shareholders attending the meeting should arrive at the meeting site half an hour in advance for sign-in.

(3) Contact information for the meeting

Address: Room 201, Block B, Changtai Plaza, Lane 2889, Jinke Road, Pudong New Area, Shanghai

Contact number: 021-68771788-6666

The announcement is hereby made.

Board of Directors of Hengxuan Technology (Shanghai) Co., Ltd

October 25, 2024

Attachment 1: Power of Attorney

Power of Attorney

Hengxuan Technology (Shanghai) Co., Ltd.:

I hereby entrust Mr. (Ms.) to attend the call on November 12, 2024 on behalf of my unit (or myself).

Open your company's first extraordinary general meeting of shareholders in 2024 and exercise voting rights on your behalf.

Number of ordinary shares held by the delegator:

Number of preferred shares held by the client:

Principal Shareholder Account Number:

Serial Number Name of Non-cumulative Vote Proposal Agree Oppose Abstention

1. Regarding the use of part of the over-raised funds to increase the investment in the fund-raising project

amount of motion

2. Regarding the use of part of the over-raised funds to permanently replenish liquidity

of motions

3 Discussion on the profit distribution plan for the first three quarters of 2024

table

4. Alteration of the Company's Registered Capital and Amendment of the Articles of Association

of motions

Signature (seal) of the principal: Signature of the trustee:

Trustee's ID Number: Trustee's ID Number:

Date of commission: YYYYYYYYYYYYYYYYYYYYYY

Remark:

The Trustee shall select one of the intentions of "Agree", "Oppose" or "Abstain" in the Power of Attorney and mark "√", and the Trustee shall have the right to vote according to his own wishes if the Principal does not make specific instructions in this Power of Attorney.