Baiwang Co., Ltd. has scheduled its 2025 annual general meeting for 10:30 a.m. on Friday, 26 June 2026, at Conference Room 5, 18/F, Building 1, No. 81 Beiqing Road, Haidian District, Beijing.

Key matters up for shareholder approval include:

1. Statutory Reports • Directors’ and Supervisors’ reports for the 2025 financial year will be presented for endorsement.

2. Dividend Policy • The Board proposes not to declare a final dividend for FY 2025.

3. Auditor Re-appointment • Rongcheng (Hong Kong) CPA Limited is nominated to continue as independent auditor for FY 2026, with remuneration to be set by the Board.

4. General Mandate to Issue Shares • The Board seeks authority to issue, allot or deal with new shares—individually or concurrently—up to 20% of the total issued share capital (excluding any treasury shares) as of the AGM date. • The mandate would remain valid until the earlier of: – the next AGM, – 12 months from the passing date, or – revocation by shareholders.

5. General Mandate to Repurchase H Shares • Authorisation is requested to buy back up to 10% of outstanding H shares (excluding any treasury shares) on the Hong Kong Stock Exchange during the same mandate period. • Execution is subject to all requisite PRC regulatory approvals and creditor notification procedures, and includes permission to cancel or convert repurchased shares into treasury stock and amend the Articles accordingly.

Share Registration and Proxy Deadlines • Holders of H shares must lodge transfer documents with Computershare Hong Kong Investor Services Limited by 4:30 p.m. on Monday, 22 June 2026, to qualify for meeting attendance and voting. • Proxy forms, together with any authorisation documents, must be submitted to the registrar no later than 10:30 a.m. on Thursday, 25 June 2026.

The poll results of all resolutions will be disclosed on the websites of the Hong Kong Stock Exchange and Baiwang Co. in accordance with listing requirements.