Ningbo Tianlong Electronics Co., Ltd. Progress Announcement on Signing the Letter of Intent for Equity Listing Transfer with Kunshan Development Zone Guotou Holdings Co., Ltd.

Login to the Sina Finance APP and search for [Information Disclosure] to view more evaluation levels.

Stock Code: 603266 Stock Abbreviation: Tianlong Co., Ltd. Announcement No.: 2026-011

Ningbo Tianlong Electronics Co., Ltd.

Announcement on the Progress of Signing the Intent Agreement for Equity Transfer with Kunshan Development Zone Guotou Holdings Co., Ltd.

The board of directors and all directors of the company guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and shall bear legal responsibility for the authenticity, accuracy, and completeness of its content.

I. Transaction Overview

Ningbo Tianlong Electronics Co., Ltd. (hereinafter referred to as “the Company”) held the eleventh meeting of the fifth board of directors on March 12, 2026, and reviewed and approved the proposal on “Signing the Intent Agreement for Equity Transfer with Kunshan Development Zone Guotou Holdings Co., Ltd.” The company agreed to sign the intent agreement and participate in the bidding for 1.012% equity held by Kunshan Development Zone Guotou Holdings Co., Ltd. (hereinafter referred to as “Kunshan Guotou”) in Suzhou Haomibo Technology Co., Ltd., and authorized the chairman to sign the relevant documents for this transaction and handle other matters related to this transaction. For specific details, please refer to the announcement disclosed by the company on March 13, 2026, titled “Announcement on Signing the Intent Agreement for Equity Transfer with Kunshan Development Zone Guotou Holdings Co., Ltd.” (Announcement No. 2026-010).

II. Transaction Progress

According to the “Confirmation of Transaction for the Second Public Transfer of 1.012% Equity of Suzhou Haomibo Technology Co., Ltd.” issued by Suzhou Property Rights Exchange Center Co., Ltd., the company has been confirmed as the transferee of this equity public transfer, with a transaction price of 6,420,165 yuan. After this transaction, the company needs to sign the relevant equity transfer agreement with Kunshan Guotou, and the company will promote the equity transfer matters according to the transaction progress.

III. Risk Warning

This transaction may involve risks of not completing the signing of the equity transfer agreement on schedule, not completing the industrial and commercial change registration and delivery of the target company on schedule. The company will fulfill its information disclosure obligations in a timely manner based on the progress of the matters. Investors are advised to make cautious decisions and pay attention to investment risks.

This announcement is hereby made.

Board of Directors of Ningbo Tianlong Electronics Co., Ltd.

March 28, 2026

Massive information and precise interpretation are available on the Sina Finance APP.