Transwarp Technology Updates Articles of Association After 14.01 Million H-Share Issue and HK Listing

Bulletin Express10-15

Transwarp Technology (Shanghai) Co., Ltd. has amended its Articles of Association to reflect recent capital changes following the company’s H-share issuance and Hong Kong listing.

On 21 September 2026, Transwarp Technology completed an initial public offering of 14.01 million H Shares on the Main Board of The Stock Exchange of Hong Kong. The transaction lifted the company’s total issued share capital to 135.15 million shares from 121.14 million shares and expanded registered capital to RMB135.15 million from RMB121.14 million.

To incorporate these structural changes, the board—acting under shareholder authority granted on 4 August 2025—approved textual revisions to multiple provisions of the Articles on 15 October 2026. Key adjustments include:

• Article 3: Records the 14.01 million H-share issuance, approved by the CSRC on 8 June 2026 and by the Hong Kong Stock Exchange on 18 September 2026, with listing effective 21 September 2026. • Article 6: Updates registered capital to RMB135.15 million. • Article 22: Revises post-offering share composition to 121.14 million A Shares (89.63 %) and 14.01 million H Shares (10.37 %), totaling 135.15 million shares. • Article 226: Clarifies the Articles become effective upon the H-share listing date following shareholder approval.

All other clauses remain unchanged, and no additional shareholder vote is required for these amendments. The company will proceed with requisite filings and registrations with the relevant Chinese authorities.

The board currently comprises six executive directors—Sun Yuanhao (Chairman), Lv Cheng, Zhu Junchen, Wen Ye, Zhang Liming and Li Yiduo—and four independent non-executive directors: Huang Yihua, Ma Dongming, Liu Dong and Liu Jin.

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