Announcement by Guosheng Shian Technology Co., Ltd. Regarding Pledge of Partial Shares by Controlling Shareholder

Stock Code: 603778
Stock Name: Guosheng Technology (Rights Protection)
Announcement No.: Lin 2026-018

Guosheng Shian Technology Co., Ltd.

Announcement on Partial Share Pledge by Controlling Shareholder

The Board of Directors and all directors of this company guarantee that the content of this announcement is free from any false records, misleading statements, or major omissions, and bear legal responsibility for its truthfulness, accuracy, and completeness.

Important Risk Reminder:

● Guosheng Energy Co., Ltd. (hereinafter referred to as “Guosheng Energy”) holds 108,295,827 shares of this company, accounting for 16.49% of the total shares. The current pledged shares amount to 8,000,000, representing 7.39% of its holdings. After this pledge, Guosheng Energy’s total pledged shares amount to 71,900,000, accounting for 66.39% of its holdings.

1. Details of this share pledge

Guosheng Shian Technology Co., Ltd. (hereinafter referred to as “the Company” or “this Company”) received notice from the controlling shareholder Guosheng Energy on March 23, 2026, that some of its shares have been pledged. The specific details are as follows:

Basic information on this share pledge

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The pledge date is based on the maturity date of the main creditor’s claim and may be terminated early.

This pledge does not involve guarantees or other security purposes related to major asset restructuring, performance compensation, or similar matters.

2. Cumulative pledge of shares by shareholders

As of the date of this announcement, Guosheng Energy’s cumulative pledged shares are as follows:

Unit: Shares

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4. Pledge of shares by the company’s controlling shareholder

5. Maturity of Guosheng Energy’s pledged shares

Within the next six months, Guosheng Energy’s pledged shares amount to 29.8 million, representing 27.52% of its holdings and 4.54% of the company’s total share capital.

The funds for repaying the pledged shares’ financing come from, but are not limited to, self-funding, investment income, asset sales, bank loans, etc.

2. Guosheng Energy does not engage in activities such as non-operating capital occupation, illegal guarantees, related-party transactions, or other actions that harm the interests of the listed company.

3. Impact of the controlling shareholder’s pledge on the listed company

(1) The pledge by the controlling shareholder currently does not affect the company’s main business, financing credit lines, financing costs, or ongoing operational capabilities.

(2) The pledge does not impact corporate governance or lead to a change in the company’s actual control.

(3) The controlling shareholder has performance compensation obligations. Guosheng Energy is paying a total of 129.8385 million yuan in performance compensation according to the repayment plan, of which 65.8385 million yuan has already been paid. The specific repayment plan is as follows:

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This pledge does not affect Guosheng Energy’s ability to pay performance compensation according to the repayment plan.

This announcement is hereby made.

Guosheng Shian Technology Co., Ltd.

Board of Directors

March 24, 2026