Securities code: 688567 Securities abbreviation: Funeng Technology Announcement No.: 2025-015

Funeng Technology (Ganzhou) Co., Ltd

Announcement on the progress of the proposed change of control through the compliance review of the Shanghai Stock Exchange and the proposed change of control

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important content tips

The matters related to this change in equity have passed the compliance review of the Shanghai Stock Exchange.

The change in equity still needs to go through the share transfer registration procedures at the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. There is still uncertainty about the final implementation results, so investors are advised to pay attention to the investment risks.

1. The basic situation of the change in rights and interests

On January 3, 2025, Funeng Technology (Ganzhou) Co., Ltd. (hereinafter referred to as the "Company") controlled

FarasisEnergy (AsiaPacific) Limited (hereinafter referred to as "Hong Kong Funeng"), the shareholder of FarasisEnergy (AsiaPacific) Limited (hereinafter referred to as "Hong Kong Funeng") and its concerted actors, Ganzhou Inquartis Enterprise Management Partnership (Limited Partnership), the actual controllers of the company, YU WANG and Keith D. Kepler, Guangdong Hengjian Industrial Control New Energy Industry Equity Investment Fund Partnership (Limited Partnership) and Guangzhou Industrial Investment Holding Group Co., Ltd. signed the Regarding the share transfer agreement of Funeng Technology (Ganzhou) Co., Ltd., the total 5% shares of the company held by the company will be transferred by agreement transfer, please see the public for details

On January 4, 2025, the company disclosed on the website of the Shanghai Stock Exchange (www.sse.com.cn).

Indicative announcement of technology (Ganzhou) Co., Ltd. on the change of shareholders' rights and interests and the proposed change of controlling shareholders and actual controllers (Announcement No.: 2025-003).

2. The progress of this change in equity

The company recently received the "Confirmation Form for the Transfer of Shares of Listed Companies on the Shanghai Stock Exchange" (SSE Stock Transfer Confirmation Zi [2025] No. 37) issued by the Shanghai Stock Exchange provided by the controlling shareholder Hong Kong Funeng, and the matters related to this equity change have passed the compliance review of the Shanghai Stock Exchange.

3. Risk Warning

1. The change in equity still needs to go through the share transfer registration procedures at the Shanghai Branch of China Securities Depository and Clearing Co., Ltd., and the final implementation result is still uncertain.

2. The company will continue to pay attention to the progress of the above-mentioned agreement transfer, and fulfill the information disclosure obligation in a timely manner in accordance with the requirements of relevant laws and regulations, and please pay attention to the investment risks.

The announcement is hereby made.

Board of Directors of Funeng Technology (Ganzhou) Co., Ltd

April 9, 2025