Chenqi Technology Limited — Board/Management Information 2026

May 6, 2026

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company 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.

Chenqi Technology Limited

如祺出行科技有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 9680)

CHANGE OF JOINT COMPANY SECRETARIES, AUTHORISED REPRESENTATIVE AND PROCESS AGENT AND WAIVER FROM STRICT COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES

CHANGE OF JOINT COMPANY SECRETARIES, AUTHORISED REPRESENTATIVE AND PROCESS AGENT

The board (the "Board") of directors (the "Directors") of Chenqi Technology Limited (the "Company", together with its subsidiaries and the consolidated affiliated entities, collectively the "Group") hereby announces that, with effect from May 6, 2026, (1) Mr. Chung Ming Fai ("Mr. Chung") has tendered his resignation as a joint company secretary (the "Joint Company Secretary") of the Company and an authorised representative for accepting the service of process and notices on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and under Rules 19.05(2) of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (collectively, the "Process Agent"); and (2) Ms. Li Jiawei ("Ms. Li") has tendered her resignation as (i) a Joint Company Secretary; and (ii) an authorised representative of the Company (the "Authorised Representative") as required under Rule 3.05 of the Listing Rules due to her personal career adjustment.

Mr. Chung and Ms. Li have confirmed that they have no disagreement with the Board and there are no other matters that need to be brought to the attention of the shareholders of the Company (the "Shareholders") and the Stock Exchange in relation to their resignations.

The Board would like to express its sincere gratitude to Mr. Chung and Ms. Li for their contributions to the Company during their tenure of services.

---

The Board is pleased to announce that, following the resignations of Mr. Chung and Ms. Li, Mr. Chan Kin Kwan (“Mr. Chan”) has been appointed as a Joint Company Secretary and the Process Agent, and Ms. Xu Feifei (“Ms. Xu”) has been appointed as a Joint Company Secretary and an Authorised Representative, both with effective from May 6, 2026.

The biographical details of Ms. Xu are set out as follows:

Ms. Xu Feifei, aged 40, is the General Counsel of the Company, with over 16 years of experience in securities affairs, corporate governance and compliance affairs. Since joining the Group in July 2022, Ms. Xu has been in charge of the Company’s legal affairs management. She is responsible for compliance management in relation to the Company’s capital markets’ securities affairs, daily operations and overall legal matters. Through day-to-day work, she has gained deep understanding of the Group’s industry and overall business development. Prior to joining the Group, Ms. Xu worked in the investment or legal department of certain companies listed on the Stock Exchange and has extensive experience in capital market operations, corporate compliance and corporate governance.

Ms. Xu holds a Bachelor of Law degree from Jilin University of the People’s Republic of China (the “PRC”), a Master of Business Administration degree from Tsinghua University of the PRC, and the Legal Professional Qualification Certificate issued by the Ministry of Justice of the PRC.

The biographical details of Mr. Chan are set out as follows:

Mr. Chan Kin Kwan is a senior manager of SWCS Corporate Services Group (Hong Kong) Limited and has nearly 10 years of experience in the corporate secretarial field. Mr. Chan is an associate member of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. He holds a Bachelor of Business Administration degree from Hong Kong Baptist University and a Bachelor of Laws degree from Manchester Metropolitan University.

WAIVER FROM STRICT COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES

Pursuant to Rule 3.28 of the Listing Rules, an issuer must appoint a company secretary who, by virtue of his/her academic or professional qualifications or relevant experience, is, in the opinion of the Stock Exchange, capable of discharging the functions of company secretary. Pursuant to Rule 8.17 of the Listing Rules, an issuer must appoint a company secretary who satisfies Rule 3.28 of the Listing Rules.

• 2 -

---

Having considered Ms. Xu’s background and experience, the Board is of the view that Ms. Xu is capable of discharging the duty as a Joint Company Secretary. Given that Ms. Xu currently does not possess the academic or professional qualification of a company secretary as required under Rule 3.28 of the Listing Rules, the Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from strict compliance with Rules 3.28 and 8.17 of the Listing Rules (the “Waiver”) for a period of three years from the date of appointment of Ms. Xu as a Joint Company Secretary (the “Waiver Period”), on the conditions that:

(a) Ms. Xu must be assisted by Mr. Chan as a Joint Company Secretary throughout the Waiver Period; and

(b) The Waiver could be revoked if there are material breaches of the Listing Rules by the Company.

Prior to the expiry of the Waiver Period, the Company must demonstrate and seek confirmation from the Stock Exchange that Ms. Xu, having had the benefit of Mr. Chan’s assistance during the Waiver Period, has attained the relevant experience and is capable of discharging the functions of a company secretary under Rule 3.28 of the Listing Rules such that a further waiver will not be necessary. The Waiver applies to Ms. Xu’s appointment as a Joint Company Secretary only and may be changed or withdrawn by the Stock Exchange if the Company’s situation changes.

The Board would like to take this opportunity to welcome Ms. Xu and Mr. Chan on their new appointments.

By order of the Board
Chenqi Technology Limited
Mr. GAO Rui
Chairman of the Board

Guangzhou, the PRC, May 6, 2026

As at the date of this announcement, the Board comprises: (i) Mr. Jiang Hua as executive Director; (ii) Mr. Gao Rui, Ms. Xiao Yan, Mr. Liang Weiqiang, Mr. Zhong Xiangping and Ms. Bai Hui as non-executive Directors; and (iii) Mr. Zhang Junyi, Mr. Zhang Senquan and Mr. Li Maoxiang as independent non-executive Directors.

• 3 -