Jingyan Technology: The re-examination applications of Chen Mingfang and Zheng Yilin have been rejected.

Jingyan Technology Announcement. Recently, the company received a Civil Ruling Letter 《Civil Ruling Letter》（2025）Su Min Shen No. 2501 issued by the Jiangsu Provincial Higher People’s Court. The Jiangsu Provincial Higher People’s Court ruled as follows in this case: The application for retrial filed by Chen Mingfang and Zheng Yilin is dismissed. According to the effective second-instance judgment in this case, Chen Mingfang and Zheng Yilin shall pay the company the corresponding performance compensation payment, liquidated damages, and attorney fees. Since the obligors failed to perform the obligations determined in the effective legal documents, the company has applied to the court for compulsory enforcement. Pursuant to the law, the company froze the relevant equity assets held by them and identified some leads regarding real estate. As of now, only RMB 160.6k has been deducted through their bank accounts and online payment accounts. Although the company has applied for the auction and sale of the 10% equity interest in Shenzhen Antxin Technology Co., Ltd. held by Chen Mingfang, because the available enforcement assets are limited and the enforcement outcome is highly uncertain, the overall enforcement recovery amount in this case is limited. The company has not yet recognized as revenue the performance compensation payment not yet paid to it. The impact of this case on the company’s profit for the current period or subsequent periods will depend on the subsequent enforcement situation.