Flowing Cloud Technology Ltd — Governance Information 2024

Apr 24, 2024

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.

==> picture [136 x 49] intentionally omitted <==

==> picture [21 x 49] intentionally omitted <==

==> picture [240 x 33] intentionally omitted <==

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 6610)

PROPOSED AMENDMENTS TO THE EXISTING MEMORANDUM AND ARTICLES OF ASSOCIATION

This announcement is made by Flowing Cloud Technology Ltd 飛天雲動科技有限公司 (the “ Company ”) pursuant to Rule 13.51(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) in relation to the proposed amendments to the existing amended and restated memorandum and articles of association of the Company (the “ Existing Memorandum and Articles of Association ”).

The board of directors of the Company (the “ Board ”) proposes to make certain amendments to the Existing Memorandum and Articles of Association in order to (i) bring the Existing Memorandum and Articles of Association up to date and in line with the latest regulatory requirements in relation to the expanded paperless listing regime and the electronic dissemination of corporate communications by listed issuers and the relevant amendments made to the Listing Rules which took effect on December 31, 2023; and (ii) incorporate certain housekeeping amendments (the “ Proposed Amendments ”). The Board also proposes to adopt the second amended and restated memorandum and articles of association incorporating the Proposed Amendments in substitution for, and to the exclusion of, the Existing Memorandum and Articles of Association.

– 1 –

The Proposed Amendments and the adoption of the second amended and restated memorandum and articles of association shall be subject to the passing of a special resolution by the shareholders of the Company (the “ Shareholders ”) at the forthcoming annual general meeting of the Company to be held on May 28, 2024 (the “ AGM ”). A circular containing, among others, details of the Proposed Amendments and a notice convening the AGM will be served to the Shareholders as soon as practicable.

By Order of the Board Flowing Cloud Technology Ltd Wang Lei Chairman

Hong Kong, April 24, 2024

As at the date of this announcement, the Board comprises Mr. Wang Lei, Mr. Li Yanhao, Ms. Xu Bing and Mr. Li Yao as executive directors of the Company and Mr. Jiang Yi, Mr. Tan Deqing and Ms. Wang Beili as independent non-executive directors of the Company.

– 2 –