Hi Sun Technology (China) Limited (“Hi Sun Tech”) announced the establishment of Suixin Cloud Chain-E Credit Supply Chain Financial Asset-backed Special Scheme – Phase 3 on 22 April 2026, issuing asset-backed securities (ABS) with a total size of RMB169.00 million.

The structure comprises: • Priority tranche: RMB143.00 million, AAAsf, 2.6% coupon, expected maturity 31 March 2027, to be traded on the Shanghai Stock Exchange and placed with qualified institutional investors. • Subordinated tranche: RMB26.00 million, unrated, expected maturity 31 March 2027; fully subscribed by wholly-owned subsidiary Beijing Ronghui Zhida Commercial Factoring or its designated affiliates.

Underlying assets consist of factoring loan receivables settled via electronic debt instruments. Should any asset become ineligible during the scheme’s term, Ronghui Zhida Factoring must repurchase it. All securitised assets will remain consolidated in the Group’s financial statements.

Proceeds will serve as general working capital for the Group’s fintech services segment, broadening funding channels and supporting operating activities and investments. The Board considers the terms reasonable and does not expect any material adverse financial impact from the transaction.