Telecommunications Enterprise Group Co., Ltd. 2025 Special Report on the Storage, Management, and Usage Status of Raised Funds

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Stock Code: 002152              Stock Abbreviation: Guangdian Yuntong            Announcement Number: Lin 2026-008

The company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or major omissions.

According to the “Regulations on the Supervision of Funds Raised by Listed Companies” (CSRC Announcement No. [2025] 10) issued by the China Securities Regulatory Commission (hereinafter referred to as “CSRC”), the “Self-Regulatory Guidelines for Listed Companies No. 1 - Standard Operation of Main Board Listed Companies” promulgated by the Shenzhen Stock Exchange, and relevant format guidelines, the Board of Directors of Guangdian Yuntong Group Co., Ltd. (hereinafter referred to as “Guangdian Yuntong” or “the Company”) has prepared the “Special Report on the Storage, Management, and Use of Raised Funds for the Year 2025” (if there is a discrepancy between the total amount and the sum of the detailed amounts, it is due to rounding).

I. Basic Situation of Raised Funds

(1) Amount of Raised Funds and Time of Arrival

According to the CSRC’s approval on the non-public issuance of shares by Guangzhou Guangdian Yuntong Financial Electronics Co., Ltd. (CSRC License No. [2015] 3135), the company non-publicly issued 182,820,000 shares of RMB common stock (A shares) at an issuance price of 17.16 yuan/share, with a total amount of raised funds amounting to 3,137,191,200.00 yuan. After deducting the related issuance expenses of 21,661,435.10 yuan, the actual net amount of raised funds was 3,115,529,764.90 yuan. The above raised funds have been deposited into the company’s special account for raised funds, and Lixin Certified Public Accountants (Special General Partnership) verified the arrival of the raised funds on February 29, 2016, and issued the “Verification Report No. [2016] 410100.”

(2) Use of Raised Funds

As of December 31, 2025, the company has used the raised funds as follows: 81.6454 million yuan for replacing pre-raised funds, 115.2398 million yuan for supplementing working capital, 63.13408 million yuan as a permanent supplement to working capital from completed projects, 33.28793 million yuan directly invested in projects funded by raised funds, and 121.9230 million yuan for modified projects, totaling 341.30283 million yuan.

Unit: Ten Thousand Yuan

Note 1: Project investment includes replacement of pre-raised funds, direct investments in projects funded by raised funds, and investments in modified projects.

Note 2: For details on the permanent supplementation of working capital from completed projects, see this report’s Section III (1) 1 “Construction of the Guangzhou Financial Outsourcing Service Headquarters Platform,” Section III (1) 2 “Construction of the Regional Financial Outsourcing Service Platform,” Section IV (1) “Smart Convenience Project,” Section IV (2) “New Generation AI Smart Equipment Industry Base Project,” and Section IV (4) “Guangdian Yuntong Artificial Intelligence Shenzhen Innovation Center Project.”

II. Storage and Management of Raised Funds

(1) Management of Raised Funds

At the first extraordinary general meeting of shareholders held in September 2025, the company reviewed and approved the proposal for the “Management Measures for Raised Funds (Revised in August 2025)” (hereinafter referred to as “the Management Measures”). According to the requirements of the Management Measures, the company implements special account storage for raised funds to facilitate supervision of the use of raised funds; strictly follows fund usage approval procedures for expenditures on investment projects funded by raised funds; and the company’s audit department conducts daily supervision of the use of raised funds, regularly checks the use of raised funds quarterly, and reports the inspection results to the Audit and Compliance Committee.

At the 16th (Extraordinary) Meeting of the Fourth Board of Directors held on March 11, 2016, it was agreed that the raised funds for the construction of the national financial outsourcing service platform would be stored in a special account opened by the company’s wholly-owned subsidiary, Guangzhou Guangdian Yintong Financial Electronics Technology Co., Ltd. (hereinafter referred to as “Guangzhou Yintong”). In accordance with relevant regulations, in March 2016, the company and its wholly-owned subsidiary Guangzhou Yintong signed a “Tripartite Supervision Agreement for Raised Funds” with five banks: China Construction Bank Guangdong Branch, Bank of China Guangzhou Tianhe Branch, China Minsheng Bank Guangzhou Branch, Guangzhou Rural Commercial Bank Huaxia Branch, and CITIC Bank Guangzhou Tianhe Branch, as well as the sponsor Huatai United Securities Co., Ltd.

1. Given that the main construction and internal decoration of the “Construction of the Guangzhou Financial Outsourcing Service Headquarters Platform” project have been basically completed and are in usable condition, it is expected that the remaining raised funds will further improve the efficiency of fund use. On March 29, 2018, and April 23, 2018, the company held the fourth meeting of the fifth Board of Directors and the 2017 Annual General Meeting, which passed the proposal to change part of the raised fund’s purpose and establish the Smart Convenience Project Company, agreeing to change 140 million yuan originally planned for investment in the “Construction of the Guangzhou Financial Outsourcing Service Headquarters Platform” to invest in the “Smart Convenience Project,” with the project implementation subject changing from wholly-owned subsidiary Guangzhou Yintong to the holding company Guangzhou Yuntong Gokai Technology Co., Ltd. (hereinafter referred to as “Yuntong Gokai”).

To standardize the management of raised funds, in accordance with relevant regulations, the seventh (extraordinary) meeting of the fifth Board of Directors approved the signing of a “Tripartite Supervision Agreement for Raised Funds” on June 14, 2018, between Guangzhou Yintong, Yuntong Gokai, CITIC Bank Guangzhou Branch, and the sponsor Huatai United Securities Co., Ltd.

2. To align with the company’s artificial intelligence development strategy and further improve the efficiency of fund use, the company held the eighteenth (extraordinary) meeting of the fifth Board of Directors on June 18, 2019, and the first extraordinary general meeting of shareholders on July 4, 2019, which approved a proposal to change part of the raised fund’s purpose, changing 60.50608 million yuan originally planned for investment in the “Construction of the Regional Financial Outsourcing Service Platform” to invest in the “New Generation AI Smart Equipment Industry Base Project.” The project implementation subject changed from wholly-owned subsidiary Guangzhou Yintong to Guangdian Yuntong.

To standardize the management of raised funds, in accordance with relevant regulations, the nineteenth (extraordinary) meeting of the fifth Board of Directors approved the signing of a “Tripartite Supervision Agreement for Raised Funds” between Guangdian Yuntong and Guangzhou Rural Commercial Bank Huaxia Branch and the sponsor Huatai United Securities Co., Ltd. on July 5, 2019.

3. To align with the company’s artificial intelligence development strategy and further improve the efficiency of fund use, the company held the twenty-first (extraordinary) meeting of the fifth Board of Directors on October 24, 2019, and the second extraordinary general meeting of shareholders on November 11, 2019, which approved a proposal to change part of the raised fund’s purpose and construct the Guangdian Yuntong Phase IV Core Technology Industrialization Upgrade and Expansion Project, changing 50 million yuan originally planned for investment in the “Construction of the Regional Financial Outsourcing Service Platform” to purchase a 1,321 m2 plot of land in Huangpu District, Guangzhou, for the construction of the “Guangdian Yuntong Phase IV Core Technology Industrialization Upgrade and Expansion Project.” The project implementation subject changed from wholly-owned subsidiary Guangzhou Yintong to Guangdian Yuntong.

4. With the rapid implementation of the company’s artificial intelligence development strategy and sustained high investment in research and development, the company needs to leverage Shenzhen’s innovative policies, capabilities, and environment to accelerate the development and growth of its innovative business. The company held the twenty-second (extraordinary) meeting of the fifth Board of Directors on December 27, 2019, and the first extraordinary general meeting of shareholders on January 16, 2020, which approved a proposal to change part of the raised fund’s purpose and construct the Guangdian Yuntong Artificial Intelligence Shenzhen Innovation Center, changing 66 million yuan originally planned for investment in the “Construction of the Regional Financial Outsourcing Service Platform Project” for the construction of the “Guangdian Yuntong Artificial Intelligence Shenzhen Innovation Center,” creating an innovative development pattern of “Guangzhou Headquarters” + “Shenzhen Base.” The project implementation subject changed from wholly-owned subsidiary Guangzhou Yintong to Shenzhen Guangdian Yintong Financial Electronics Technology Co., Ltd. (hereinafter referred to as “Shenzhen Yintong”).

To standardize the management of raised funds, in accordance with relevant regulations, the twenty-fourth (extraordinary) meeting of the fifth Board of Directors approved the signing of a “Tripartite Supervision Agreement for Raised Funds” on February 24, 2020, between the company, Shenzhen Yintong, and China Merchants Bank Guangzhou Southern Newspaper Branch, Ping An Bank Shenzhen Branch, and Guangdong Guangfa Bank Shenzhen Branch, along with the sponsor Huatai United Securities Co., Ltd.

5. The company hired CITIC Securities Co., Ltd. (hereinafter referred to as “CITIC Securities”) as the sponsor for the company’s 2020 non-public issuance of A-shares. The previously ongoing continuous supervision of the 2015 non-public issuance of A-shares by the previous sponsor, Huatai United Securities Co., Ltd., has been assumed by CITIC Securities. To standardize the management and use of raised funds and protect investors’ interests, in accordance with relevant laws and regulations, the company and related subsidiaries signed a “Tripartite Supervision Agreement for Raised Funds” with each bank and sponsor CITIC Securities in October 2020, with no changes to the accounts for storing raised funds.

These tripartite supervision agreements do not have significant differences from the tripartite supervision agreement template of the Shenzhen Stock Exchange, and the company strictly follows them when using raised funds.

(2) Storage Situation of Raised Funds in Special Accounts

As of December 31, 2025, the deposit balances of the company’s raised funds in various banks’ special accounts for raised funds are listed below:

Unit: Yuan

Note 1: The account of Guangzhou Rural Commercial Bank Huaxia Branch is a special account for Guangdian Yuntong’s raised funds, which was closed on March 24, 2026.

Note 2: The original accounts of China Construction Bank Guangdong Branch (Account No. 44050186320100000127) and China Construction Bank Guangdong Branch’s fixed deposit account (Account No. 44050286320100000049) were closed on June 18, 2025, and the accounts of Bank of China Guangzhou Tianhe Branch (Account No. 713366781841) and Bank of China Guangzhou Tianhe Branch’s wealth management accounts (Account Nos. 656178878960, 632778881628, 713378880655, 673078882123, 705578870716) were closed on July 21, 2025.

III. Actual Use of Raised Funds for the Year

(1) Fund Usage Situation of Investment Projects Funded by Raised Funds

According to the “Issuance Report and Listing Announcement of Guangzhou Guangdian Yuntong Financial Electronics Co., Ltd.” disclosed on March 10, 2016 (hereinafter referred to as “the Report”), the planned use of raised funds by the company is as follows:

Unit: Ten Thousand Yuan

As of December 31, 2025, the fund usage situation of this round of investment projects funded by raised funds is detailed in Appendix 1 “Comparison Table of Fund Usage.”

The company has replaced pre-raised funds with an input of 81.6454 million yuan, with actual inputs of 86.5409 million yuan in 2016, 154.9843 million yuan in 2017, 25.1905 million yuan in 2018, 25.8271 million yuan in 2019, 13.1443 million yuan in 2020, 26.8672 million yuan in 2021, 1.366 million yuan in 2022, 1.884 million yuan in 2023, 0.00 million yuan in 2024, and 0.00 million yuan in 2025, totaling an accumulated input of 414.5247 million yuan as of December 31, 2025.

1. Construction of the Guangzhou Financial Outsourcing Service Headquarters Platform

According to the Report, the project is expected to have a total investment of 406.51 million yuan, with an investment amount of 360.29 million yuan from raised funds. In April 2016, the company replaced pre-raised funds with an input of 27.1441 million yuan, with actual inputs of 9.3975 million yuan in 2016, 73.2907 million yuan in 2017, 7.5500 million yuan in 2018, 4.1207 million yuan in 2019, 990.50 thousand yuan in 2020, 540.1 thousand yuan in 2021, 136.6 thousand yuan in 2022, 188.4 thousand yuan in 2023, 0.00 million yuan in 2024, and 0.00 million yuan in 2025, with a cumulative input of 123.3631 million yuan.

On March 27, 2025, and April 18, 2025, the company held the twelfth meeting of the seventh Board of Directors and the 2024 Annual General Meeting, which approved the proposal to complete some fundraising projects and permanently supplement working capital with the surplus of raised funds, agreeing to complete the “Construction of the Guangzhou Financial Outsourcing Service Headquarters Platform” and permanently supplementing working capital with the surplus of 204.303 million yuan (including investment income and bank deposit interest income, the actual amount is based on the balance of the special account on the day of fund transfer). The company permanently supplemented working capital with the surplus of raised funds of 146 million yuan, 542 thousand yuan, 6005 thousand yuan, 19 thousand yuan, and 35 thousand yuan on April 27, May 26, May 28, June 18, and July 21, respectively, totaling 206.5974 million yuan.

2. Construction of the Regional Financial Outsourcing Service Platform

According to the Report, the project is expected to have a total investment of 2 billion yuan, with the investment amount from raised funds being 1.6 billion yuan. In April 2016, the company replaced pre-raised funds with an input of 54.5013 million yuan, with actual inputs of 77.1434 million yuan in 2016, 81.6936 million yuan in 2017, 17.6405 million yuan in 2018, 21.7064 million yuan in 2019, 12.1493 million yuan in 2020, 26.3271 million yuan in 2021, and 0.00 million yuan in 2022, with a cumulative input of 291.1616 million yuan. The company held the twenty-first meeting of the sixth Board of Directors and the 2021 Annual General Meeting on March 29, 2022, and April 22, 2022, which approved the proposal to complete some fundraising projects and permanently supplement working capital with the surplus of raised funds, agreeing to complete the “Construction of the Regional Financial Outsourcing Service Platform” project, and permanently supplementing working capital with the surplus of 111.4441 million yuan. The company has permanently supplemented working capital with the surplus of 111.4441 million yuan on May 26, 2022.

(2) Pre-investment and Replacement Situation of Raised Fund Investment Projects

Before the raised funds were in place, the company utilized self-raised funds with a total input of 81.6454 million yuan for investment projects funded by raised funds, which has been audited by Lixin Certified Public Accountants (Special General Partnership), and issued the “Special Audit Report No. [2016] 410106.”

According to the proposal approved at the 16th (Extraordinary) Meeting of the Fourth Board of Directors held on March 11, 2016, the company agreed to use raised funds to replace the self-raised funds that had been pre-invested in investment projects funded by raised funds totaling 81.6454 million yuan, as detailed below:

Unit: Ten Thousand Yuan

The above replacement of raised funds was completed on April 1, 2016.

(3) Changes in the Location and Method of Investment Projects Funded by Raised Funds

None.

(4) Temporary Supplementation of Working Capital with Idle Raised Funds

None.

(5) Remaining Uses and Locations of Raised Funds

As of December 31, 2025, the remaining raised funds amount to 18,909,745.15 yuan, which is the surplus raised funds from completed investment projects, stored in the special account for raised funds.

(6) Other Situations of Fund Usage

At the twelfth meeting of the seventh Board of Directors held on March 27, 2025, the company approved the proposal for the company and its subsidiary to use part of the temporarily idle raised funds for cash management, agreeing to use no more than 250 million yuan (included) of temporarily idle raised funds for cash management. Within the above limit, the funds can be used in a rolling manner from March 30, 2025, to March 29, 2026. The Board of Directors authorized the company’s management to be responsible for the specific implementation of cash management using temporarily idle raised funds. As of December 31, 2025, the company has a balance of 0.00 yuan from using idle raised funds to purchase bank financial products.

IV. Fund Usage Situation for Changed Investment Projects

(1) Smart Convenience Project

The company changed part of the raised funds originally planned for investment in the “Construction of the Guangzhou Financial Outsourcing Service Headquarters Platform” amounting to 140 million yuan to invest in the “Smart Convenience Project,” with the implementation subject being Yuntong Gokai, with a registered capital of 200 million yuan. Guangzhou Yintong’s wholly-owned subsidiary Shenzhen Yintong contributed 140 million yuan, holding 70% of its shares, while Hunan Zhonggu Technology Co., Ltd. (hereinafter referred to as “Hunan Zhonggu”) contributed 60 million yuan, holding 30% of its shares. According to the investment agreement, Yuntong Gokai’s registered capital will be paid in three phases, with the first phase of 50 million yuan (i.e., Shenzhen Yintong pays 35 million yuan, and Hunan Zhonggu pays 15 million yuan) completed after the opening of Yuntong Gokai’s basic account; the second phase of 50 million yuan (i.e., Shenzhen Yintong pays 35 million yuan, and Hunan Zhonggu pays 15 million yuan) will be completed within six months after Yuntong Gokai is registered; the remaining registered capital will be completed within three years after the second phase of investment arrives, upon the proposal of Yuntong Gokai’s management team and approval by the Board of Directors. Each shareholder will complete the above investments according to their subscription ratio. As of December 31, 2019, the company has paid 35 million yuan for the first phase, 35 million yuan for the second phase, and 35 million yuan for the third phase to Yuntong Gokai’s special account for raised funds, with the fund usage situation for the changed investment project detailed in Appendix 2 “Situation of Changed Investment Projects.”

In January 2020, the shareholder of Yuntong Gokai changed from Shenzhen Yintong to Guangzhou Yintong. After the change, the shareholders of Yuntong Gokai are Guangzhou Yintong and Hunan Zhonggu, holding 70% and 30% of Yuntong Gokai’s shares, respectively. In July 2021, Yuntong Gokai’s registered capital was reduced from 200 million yuan to 150 million yuan. In August 2021, Guangzhou Yintong acquired Hunan Zhonggu’s shares, making Yuntong Gokai a wholly-owned subsidiary of Guangzhou Yintong.

In 2018, the actual investment was 10.8529 million yuan, in 2019, 65.6225 million yuan, in 2020, 14.2092 million yuan, in 2021, 0.7376 million yuan, in 2022, 14.1886 million yuan, in 2023, 0.00 million yuan, with a cumulative investment of 105.6108 million yuan.

The company held the thirty-fifth meeting of the sixth Board of Directors and the 2022 Annual General Meeting on March 30, 2023, and April 24, 2023, respectively, which approved the proposal to complete some fundraising projects and permanently supplement working capital with the surplus of raised funds, agreeing to complete the “Smart Convenience Project” and permanently supplementing working capital with the surplus of 35.2769 million yuan (including investment income and bank deposit interest income, the actual amount is based on the balance of the special account on the day of fund transfer). The company permanently supplemented working capital with the surplus of raised funds of 277.2 thousand yuan and 35 million yuan on May 9, 2023, and May 15, 2023, respectively, totaling 35.2772 million yuan.

(2) New Generation AI Smart Equipment Industry Base Project

The company changed part of the raised funds originally planned for investment in the “Construction of the Regional Financial Outsourcing Service Platform” amounting to 60.50608 million yuan to invest in the “New Generation AI Smart Equipment Industry Base Project,” with the implementation subject being Guangdian Yuntong.

The company has paid 60.50608 million yuan to Guangdian Yuntong’s special account for raised funds on July 4, 2019, with the fund usage situation for the changed investment project detailed in Appendix 2 “Situation of Changed Investment Projects.” The actual investment in 2019 was 5.95695 million yuan, in 2020 was 0.8843 million yuan, in 2021 was 12.2385 million yuan, in 2022 was 15.37555 million yuan, in 2023 was 12.57716 million yuan, in 2024 was 0.34 million yuan, in 2025 was 0.00 million yuan, with a cumulative investment of 46.66194 million yuan.

The company held the twelfth meeting of the seventh Board of Directors and the 2024 Annual General Meeting on March 27, 2025, and April 18, 2025, respectively, which approved the proposal to complete some fundraising projects and permanently supplement working capital with the surplus of raised funds, agreeing to complete the “New Generation AI Smart Equipment Industry Base Project” and permanently supplementing working capital with the surplus of 210.6117 million yuan (including investment income and bank deposit interest income, the actual amount is based on the balance of the special account on the day of fund transfer). The company permanently supplemented working capital with the surplus of raised funds of 211.3523 million yuan on April 25, 2025.

(3) Guangdian Yuntong Phase IV Core Technology Industrialization Upgrade and Expansion Project

The company changed part of the raised funds originally planned for investment in the “Construction of the Regional Financial Outsourcing Service Platform” amounting to 50 million yuan to purchase a 1,321 m2 plot of land in Huangpu District, Guangzhou, for the construction of the “Guangdian Yuntong Phase IV Core Technology Industrialization Upgrade and Expansion Project,” with the implementation subject being Guangdian Yuntong.

The company has paid 50 million yuan to Guangdian Yuntong’s special account for raised funds on September 5, 2019, with the fund usage situation for the changed investment project detailed in Appendix 2 “Situation of Changed Investment Projects.” The actual investment in 2019 was 320 thousand yuan, in 2020 was 1.3422 million yuan, in 2021 was 0.00 million yuan, in 2022 was 1.2925 million yuan, in 2023 was 5.6955 million yuan, in 2024 was 15.9410 million yuan, in 2025 was 12.5686 million yuan, with a cumulative investment of 37.1598 million yuan.

The seventh Board of Directors held its fourth meeting on March 28, 2024, which approved the proposal to postpone part of the fundraising investment project, allowing for a postponement of the “Guangdian Yuntong Phase IV Core Technology Industrialization Upgrade and Expansion Project” without changing the project implementation subject, fund use, and project scale.

Unit: Ten Thousand Yuan

The company held the twentieth (extraordinary) meeting of the seventh Board of Directors and the third extraordinary general meeting of shareholders on December 10, 2025, and December 26, 2025, respectively, which approved the proposal to complete some fundraising projects and permanently supplement working capital with the surplus of raised funds, agreeing to complete the “Guangdian Yuntong Phase IV Core Technology Industrialization Upgrade and Expansion Project” and permanently supplementing working capital with the surplus of 188.597 million yuan (including investment income and bank deposit interest income, the actual amount is based on the balance of the special account on the day of fund transfer).

(4) Guangdian Yuntong Artificial Intelligence Shenzhen Innovation Center Project

The company changed the usage of 66 million yuan from the “Construction of the Regional Financial Outsourcing Service Platform Project” to build the “Guangdian Yuntong Artificial Intelligence Shenzhen Innovation Center,” creating an innovative development pattern of “Guangzhou Headquarters” + “Shenzhen Base.”

The company has paid 66 million yuan to the special accounts for raised funds at China Merchants Bank Guangzhou Southern Newspaper Branch, Ping An Bank Shenzhen Branch, and Guangdong Guangfa Bank Shenzhen Branch on February 24, 2020, with the fund usage situation for the changed investment project detailed in Appendix 2 “Situation of Changed Investment Projects.” The actual investment in 2020 was 59.35586 million yuan, in 2021 was 0.89691 million yuan, in 2022 was 0.0053 million yuan, with a cumulative investment of 60.25330 million yuan.

The company held the twenty-first meeting of the sixth Board of Directors and the 2021 Annual General Meeting on March 29, 2022, and April 22, 2022, respectively, which approved the proposal to complete some fundraising projects and permanently supplement working capital with the surplus of raised funds, agreeing to complete the “Guangdian Yuntong Artificial Intelligence Shenzhen Innovation Center” project and permanently supplementing working capital with the surplus of 66.0939 million yuan (the actual amount is based on the balance of the special account on the day of fund transfer). The company permanently supplemented working capital with the surplus of raised funds of 66.6093 million yuan, 60 thousand yuan, and 0.05 million yuan on August 18, 2022, September 2, 2022, and September 25, 2023, respectively, totaling 66.6698 million yuan.

V. Issues in Fund Usage and Disclosure

The information disclosed by the company regarding the use of raised funds is timely, true, accurate, and complete, and there are no violations of the management of raised funds.

Appendix: 1. Comparison Table of Fund Usage

2. Situation of Changed Investment Projects

This announcement is hereby made!

Guangdian Yuntong Group Co., Ltd.

Board of Directors

March 28, 2026

Appendix 1:

Comparison Table of Fund Usage

Prepared by: Guangdian Yuntong Group Co., Ltd.

Unit: Ten Thousand Yuan

Note 1: “Construction of the Guangzhou Financial Outsourcing Service Headquarters Platform” does not directly generate income and profit, but through project implementation, it can gradually form a coordinated management system for national intelligent financial self-service device outsourcing services, optimize resource allocation of the regional financial outsourcing service platform, further enhance the company’s management level and efficiency, and support the company in steadily expanding its market share in intelligent financial self-service device outsourcing services, indirectly having a positive impact on the company’s financial status and operating results, laying a solid foundation for the company’s future stable and sustainable growth.

Note 2: Part of the raised funds for “Construction of the Regional Financial Outsourcing Service Platform” has been redirected to invest in the “New Generation AI Smart Equipment Industry Base Project,” “Guangdian Yuntong Phase IV Core Technology Industrialization Upgrade and Expansion Project,” and the “Guangdian Yuntong Artificial Intelligence Shenzhen Innovation Center Project,” achieving a net profit of 87.4529 million yuan in 2025.

Note 3: The “New Generation AI Smart Equipment Industry Base Project” has been completed, and after the project is put into production, the company’s intelligent device business has added an operating income of 1,989.7517 million yuan in 2025 compared to 2018, meeting expectations; the total profit for 2025 is 440.1755 million yuan, achieving the anticipated returns, and the net profit for 2025 is 398.8758 million yuan.

Note 4: The “Guangdian Yuntong Phase IV Core Technology Industrialization Upgrade and Expansion Project” does not directly generate income and profit, but through project implementation, it can gradually achieve upgrades to the company’s overall core technology, enabling breakthroughs in multiple business areas, promoting the company’s overall strategy and industrial upgrades, indirectly having a positive impact on the company’s financial status and operating results, laying a solid foundation for the company’s future stable and sustainable growth.

Note 5: The “Guangdian Yuntong Artificial Intelligence Shenzhen Innovation Center” project does not directly generate income and profit, but the project will actively explore the application of big data and other artificial intelligence technologies to promote service model innovation, accelerating the development and high-quality growth of the company’s innovative business in Shenzhen, indirectly having a positive impact on the company’s financial status and operating results, laying a solid foundation for the company’s future stable and sustainable growth.

Appendix 2:

Situation of Changed Investment Projects

Prepared by: Guangdian Yuntong Group Co., Ltd.                                                                                         Unit: Ten Thousand Yuan

Stock Code: 002152              Stock Abbreviation: Guangdian Yuntong           Announcement Number: Lin 2026-009

Guangdian Yuntong Group Co., Ltd.

Announcement of Expected Routine Related Transactions for 2026

The company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, complete, with no false records, misleading statements, or major omissions.

I. Basic Situation of Routine Related Transactions

(1) Overview of Routine Related Transactions

1. Definitions

2. Overview of Estimated Amount of Routine Related Transactions for 2026

According to the actual needs of the company’s daily operations, it is estimated that the total amount of routine related transactions between the company and its holding subsidiaries and related parties in 2026 will be 638.99 million yuan. The total amount of routine related transactions that occurred between the company and its holding subsidiaries and related parties in 2025 was 205.5666 million yuan.

3. Review Procedures

The 13th meeting of the independent directors’ special meeting of the seventh Board of Directors held on March 12, 2026, passed the proposal on the estimated routine related transactions for 2026 with a vote of 3 in favor, 0 against, and 0 abstentions.

The 21st meeting of the seventh Board of Directors held on March 26, 2026, passed the proposal on the estimated routine related transactions for 2026 with a vote of 6 in favor, 0 against, and 0 abstentions, with related directors Deng Jiaqing, Zhao Qian, and Zhong Yong abstaining from voting on the proposal.

According to relevant laws and regulations, the company’s Articles of Association, and the company’s “Related Transaction Management System,” the estimated amount of routine related transactions for 2026 exceeds 5% of the company’s most recent audited net assets attributable to the parent company, and this proposal needs to be submitted to the shareholders’ meeting for review, with related shareholders abstaining from voting.

(2) Estimated Types and Amounts of Routine Related Transactions

The company and its holding subsidiaries expect to have the following routine related transactions with relevant related parties in 2026:

(3) Actual Routine Related Transactions in the Previous Year

The company and its holding subsidiaries had the following routine related transactions with relevant related parties in 2025:

II. Introduction of Related Parties and Related Relationships

(1) Basic Information of Related Parties

1. Guangzhou Digital Technology Group Co., Ltd.

Legal Representative: Huang Yuezheng

Registered Capital: 1,000 million yuan

Address: No. 163 Pingyun Road, Huangpu Avenue West, Tianhe District, Guangzhou

Business Scope: Technical services, technical development, technical consulting, technical exchanges, technology transfer, technology promotion; investment activities with self-owned funds; non-residential real estate leasing; housing leasing; parking services; data processing and storage support services; big data services; digital technology services; data processing services; internet data services; satellite remote sensing data processing; geographic remote sensing information services; intelligent control system integration; artificial intelligence public service platform technical consulting services; software development; software sales; software outsourcing services; domestic cargo transportation agency; sales of Class I medical devices; sales of Class II medical devices; enterprise headquarters management; import and export of goods; technology import and export; operation of Class III medical devices.

Financial Status: As of December 31, 2025, total assets of 8,331,245.90 million yuan, net assets of 3,508,705.71 million yuan; operating income in 2025 of 2,369,883.58 million yuan, net profit of 67,925.98 million yuan. (Data not audited)

2. Guangzhou Haige Communication Group Co., Ltd.

Legal Representative: Yu Qingsong

Registered Capital: 248,183.3948 million yuan

Address: No. 88 Haiyun Road, Science City, High-tech Industrial Development Zone, Guangzhou

Business Scope: Communication equipment manufacturing; communication equipment sales; technical services, technical development, technical consulting, technical exchanges, technology transfer, technology promotion; engineering and technology research and experimental development; software development; software sales; electronic components manufacturing; electronic components retail; electronic product sales; security technology prevention system design and construction services; information security equipment manufacturing; information system integration services; satellite technology comprehensive application system integration; sales of satellite mobile communication terminals; manufacturing of satellite mobile communication terminals; satellite communication services; manufacturing of environmental monitoring special instruments; manufacturing of navigation, surveying, meteorological, and marine special instruments; manufacturing of radar and supporting equipment; professional repair of radar and radio navigation equipment; geographic remote sensing information services; artificial intelligence theory and algorithm software development; manufacturing of industrial robots; research and development of internet of things technology; internet of things technology services; internet of things application services; research and development of intelligent robots; sales of intelligent robots; manufacturing of intelligent unmanned aerial vehicles; sales of intelligent unmanned aerial vehicles; information technology consulting services; sales agency; housing leasing; manufacturing of intelligent vehicle-mounted equipment; sales of intelligent vehicle-mounted equipment; research and development of terahertz detection technology; production of special labor protection products; sales of wearable smart devices; manufacturing of wearable smart devices; technology import and export; import and export of goods; manufacturing of optical communication equipment; sales of optical communication equipment; satellite remote sensing application system integration; satellite navigation services; manufacturing of navigation terminals; sales of navigation terminals; manufacturing of network equipment; sales of network equipment; industrial internet data services; satellite remote sensing data processing; satellite navigation multi-mode enhancement application service system integration; electrical installation services; manufacturing of motor vehicles.

Financial Status: See Haige Communication’s 2025 Annual Report disclosed on the giant tide information network www.cninfo.com.cn.

3. Guangdian Measurement and Testing Group Co., Ltd.

Legal Representative: Yang Wenfeng

Registered Capital: 58,324.5846 million yuan

Address: No. 8 Chuangyun Road, Shiqi Town, Panyu District, Guangzhou

Business Scope: Environmental protection monitoring; network and information security software development; enterprise management consulting; manufacturing of specialized chemical products (excluding hazardous chemicals); metrology services; instrument and meter repair; motor vehicle inspection and testing services; maintenance of electronic and mechanical equipment (excluding special equipment); sales of office equipment consumables; human resources services (excluding vocational intermediary activities and labor dispatch services); marine environment services; car rental; information system integration services; soil environmental pollution