Shanghai Xiandao Battery Electronics Technology Co., Ltd. Announcement of Resolutions Passed at the First Shareholders' Meeting of the 2026 Employee Stock Ownership Plan

Securities Code: 600641
Securities Abbreviation: XianDaoJiDian
Announcement No.: Lin2026-024

Shanghai XianDaoJiDian Technology Co., Ltd. First Shareholders Meeting Resolution Announcement for 2026 Employee Shareholding Plan

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

Shanghai XianDaoJiDian Technology Co., Ltd. (hereinafter referred to as “the Company”) held the first shareholders meeting for the 2026 Employee Shareholding Plan (hereinafter referred to as “the Employee Shareholding Plan”) on March 18, 2026, at the company’s conference room, through a combination of on-site and communication voting. The meeting notice was sent on March 17, 2026, via electronic communication. The meeting was convened and presided over by the company’s Secretary of the Board, Zhou Weifang. A total of 131 shareholders attended, representing 154,004,984 shares of the Employee Shareholding Plan, accounting for 100% of the total shares of the plan. The convening, holding, and voting procedures of this meeting comply with the provisions of the Employee Shareholding Plan.

1. Approval of the “Proposal on Establishing the 2026 Employee Shareholding Plan Management Committee”

To ensure the smooth implementation of the Employee Shareholding Plan and safeguard the legal rights of shareholders, in accordance with the “2026 Employee Shareholding Plan (Revised Draft)” and the “2026 Employee Shareholding Plan Management Measures (Revised Draft),” a Management Committee is established to oversee the plan. The Committee consists of three members, including one Chairperson, with a term aligned with the duration of the Employee Shareholding Plan.

Voting results: Approved by 154,004,984 shares, accounting for 100% of the shares held by attending shareholders; 0 votes against; 0 abstentions.

2. Approval of the “Proposal on Electing Members of the 2026 Employee Shareholding Plan Management Committee”

According to the “2026 Employee Shareholding Plan (Revised Draft)” and the “2026 Employee Shareholding Plan Management Measures (Revised Draft),” shareholders elected Wu Zhenni, Xu Jiangshan, and Zhang Guoliang as members of the Management Committee. The Committee members have no related-party relationships with major shareholders holding more than 5%, directors, or senior management of the company. If there are any changes in the Committee members, a re-election by the shareholders’ meeting is required.

Voting results: Approved by 154,004,984 shares, accounting for 100% of the shares held by attending shareholders; 0 votes against; 0 abstentions.

On the same day, the first Management Committee meeting of the Employee Shareholding Plan was held, and Wu Zhenni was elected as the Chairperson of the Committee.

3. Approval of the “Proposal on Authorizing the Management Committee to Handle Matters Related to the 2026 Employee Shareholding Plan”

The Management Committee is authorized to handle matters related to the Employee Shareholding Plan, with the authorization valid until the plan’s completion, including but not limited to:

(1) Convening shareholders’ meetings and implementing resolutions;
(2) Exercising shareholder rights on behalf of all shareholders, including attending the company’s general meetings, proposing motions, and participating in cash dividends, bond interest payments, stock dividends, share transfers, rights issues, and bond placements;
(3) Managing the plan’s daily operations on behalf of all shareholders, which may include entrusting third parties (such as asset management institutions) to manage responsibilities such as selling company stock, investing cash proceeds in fixed-income securities, financial products, and money market funds;
(4) Deciding on the distribution of the plan’s benefits;
(5) Deciding on the transfer of shares of the plan;
(6) Deciding on the repurchase of shares of the plan;
(7) Other duties assigned by shareholders’ meetings or authorized by the plan;
(8) Other responsibilities required by laws, regulations, rules, normative documents, etc. that the Management Committee should perform.

Voting results: Approved by 154,004,984 shares, accounting for 100% of the shares held by attending shareholders; 0 votes against; 0 abstentions.

This announcement is hereby made.

Board of Directors of Shanghai XianDaoJiDian Technology Co., Ltd.
March 20, 2026