Shanghai Zhida Technology Development Co., Ltd. (Zhida Tech) will hold its 2025 annual general meeting on 24 April 2026 in Shanghai.

Key proposals to be tabled include:

1. Capital Management • General mandate allowing the Board to issue up to 59.79 million new H shares (20% of current 298.94 million H shares). • Authority to repurchase up to 29.89 million H shares (10% of shares in issue).

2. Dividend Policy • The Board proposes no profit distribution for FY 2025; there will be no cash dividend, bonus share or capitalisation issue.

3. Corporate Governance Changes • Abolition of the Supervisory Committee, with its statutory powers to be assumed by the Audit Committee; corresponding comprehensive amendments to the Articles of Association are proposed.

4. Board & Auditor Matters • Re-appointment of PricewaterhouseCoopers Zhong Tian LLP and PricewaterhouseCoopers as PRC and international auditors for FY 2026, with remuneration to be set by the Board. • Director remuneration plan for 2026 maintains existing levels except for a 10% salary increase for Executive Director Li Xinrui.

5. Routine Reports • Work reports of the Board and the (current) Supervisory Committee, the 2025 audit report, annual report and final accounts will be presented for shareholder approval.

Key timetable and voting arrangements: • Register of H shareholders closes 21–24 April 2026; record date is 24 April 2026. • Proxy forms must be lodged with Computershare Hong Kong by 10:00 a.m. on 23 April 2026. • All resolutions will be decided by poll.

If all special resolutions are approved, Zhida Tech will gain flexible headroom for share issuance and buy-backs and complete a transition to the new corporate governance structure stipulated by China’s revised Company Law.