HONG KONG, 28 Aug 2026 — Wuxi Lead Intelligent Equipment Co., Ltd. (Wuxi Lead) has approved a Procurement Framework Agreement with Jiangsu Leadmicro Nano Technology Co., Ltd. (Leadmicro Nano) covering the supply of thin-film coating and related equipment, spare parts and technical services to Wuxi Lead and its subsidiaries.

Key terms • Counterparties: Wuxi Lead (purchaser) and Leadmicro Nano (supplier). • Contract period: Signing date to 31 Dec 2026. • Annual transaction cap: Up to RMB 210.00 million for the 12 months ending 31 Dec 2026; no historical transactions recorded between the parties. • Pricing: Determined through arm’s-length negotiations with reference to prevailing market rates; terms offered by Leadmicro Nano must be no less favourable than those from independent third parties. • Governance: Internal review procedures, Board oversight, and annual audits by external auditors and independent non-executive directors will monitor compliance and pricing fairness.

Connected-party status Chairman and CEO Mr. Wang Yanqing, Executive Director Mr. Wang Lei, and Ms. Ni Yalan collectively hold 56.81 % of Leadmicro Nano, classifying it as a connected person under Chapter 14A of the Hong Kong Listing Rules. The highest applicable percentage ratio for the agreement is expected to exceed 0.1 % but remain below 5 %, triggering reporting, announcement and annual review requirements while exempting the deal from circular and independent shareholder approval obligations.

Strategic rationale Management states the procurement will support Wuxi Lead’s integrated complete-line solutions for high-end equipment in the pan-semiconductor sector, reinforce market competitiveness and create industrial synergies with Leadmicro Nano.

Board approval Related directors Mr. Wang Yanqing, Mr. Wang Lei and Mr. Wang Jianxin abstained from voting. All independent non-executive directors concurred that the agreement is fair, on normal commercial terms and in the best interests of Wuxi Lead and its shareholders.