AI X Tech Inc. — Proxy Solicitation & Information Statement 2025

Jan 7, 2025

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

卓市科技

CHESHI TECH

Cheshi Technology Inc.

車市科技有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1490)

NOTICE OF THE EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT the extraordinary general meeting (the “EGM”) of Cheshi Technology Inc. (the “Company”) will be held at Room 307-308, Building 2, Oriental Science and Technology Park, No. 52 Jiuxianqiao Road, Chaoyang District Beijing, the PRC on Wednesday, January 22, 2025 at 10:00 a.m. (Hong Kong time) to consider and, if thought fit, to pass, with or without modification, the following resolution as special resolution of the Company:

SPECIAL RESOLUTION

1. “THAT

(a) subject to and conditional upon the approval of the Registrar of Companies in the Cayman Islands being obtained, the English name of the Company be changed from “Cheshi Technology Inc.” to “AI X Tech Inc.” (the “Change of Company Name”); and

(b) any one director of the Company be and is hereby authorized to do all such acts and things and execute and deliver all such documents, and (where required) under seal of the Company, which he/she may consider necessary, desirable or expedient for the purpose of, or in connection with, the implementation of and giving effect to the foregoing and to attend to any necessary registration and/or filing for and on behalf of the Company.”

By order of the Board

Cheshi Technology Inc.

Xu Chong

Chairman and Chief Executive Officer

Beijing, the PRC, January 7, 2025

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Registered office:
Sertus Chambers, Governors Square
Suite # 5-204, 23 Lime Tree Bay Avenue
P.O. Box 2547
Grand Cayman, KY1-1104
Cayman Islands

Principal place of business in Hong Kong:
31/F, Tower Two, Times Square
1 Matheson Street, Causeway Bay
Hong Kong

Head office and principal place of business in the PRC:
Room 307-308
Building 2, Oriental Science and Technology Park
No. 52 Jiuxianqiao Road
Chaoyang District
Beijing
the PRC

Notes:

(i) Capitalized terms that are not otherwise defined herein shall have the meanings ascribed to them in the circular of the Company dated January 7, 2025 (the “Circular”).

(ii) A Shareholder entitled to attend and vote at the above meeting is entitled to appoint another person as his/her proxy to attend and vote instead of him/her; a proxy need not be a shareholder of the Company (the “Shareholder(s)”).

(iii) In the case of joint holders of any share of the Company (the “Share”), the vote of the senior who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the vote(s) of the other joint holder(s) and for this purpose seniority shall be determined as that one of the said persons so present whose name stands first on the register of members in respect of such Share shall alone be entitled to vote in respect thereof.

(iv) In order to be valid, a form of proxy must be deposited at the Company’s Hong Kong Share Registrar, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong together with the power of attorney or other authority (if any) under which it is signed (or a notarially certified copy thereof) not less than 48 hours before the time appointed for the holding of the above meeting or any adjournment thereof. The completion and return of the form of proxy shall not preclude the Shareholders of the Company from attending and voting in person at the above meeting (or any adjourned meeting thereof) if you so wish and in such event the relevant form of proxy shall be deemed to be revoked.

(v) The register of members of the Company will be closed from Friday, January 17, 2025 to Wednesday, January 22, 2025, both days inclusive, in order to determine the entitlement of the Shareholders to attend and vote at the above meeting, during which period no transfer of Shares will be registered. All transfer forms accompanied by the relevant share certificates must be lodged with the Company’s Hong Kong Share Registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712–1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong not later than 4:30 p.m. on Thursday, January 16, 2025.

As at the date of this announcement, the Board comprises Mr. XU Chong, Mr. LIU Lei, Mr. LIN Yuqi and Ms. ZHANG Nan as executive Directors; and Mr. XU Xiangyang, Mr. SUN Yong and Mr. NG Jack Ho Wan as independent non-executive Directors.

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