Jiangsu Lopal Tech. Group Co., Ltd. — Proxy Solicitation & Information Statement 2026

Jan 26, 2026

Copal

龙蟠科技

Jiangsu Lopal Tech. Group Co., Ltd.

江蘇龍蟠科技集團股份有限公司

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2465)

Form of Proxy for 2026 Second Extraordinary General Meeting

to be held on Friday, February 13, 2026

I/We

of

being the registered holder(s) of 2

H shares of RMB1.00 each in the share capital of Jiangsu Lopal Tech. Group Co., Ltd. (the "Company") HEREBY APPOINT

THE CHAIRMAN OF THE MEETING or

of

as my/our proxy to attend and act for me/us at the 2026 second extraordinary general meeting of the Company to be held at 2nd Floor, Large Conference Room, No. 6 Hengtong Avenue, Nanjing Economic and Technological Development Zone, Nanjing, Jiangsu Province, PRC on Friday, February 13, 2026 at 10:30 a.m. (the "EGM") and any adjournment thereof for the purpose of considering and, if thought fit, passing the resolutions as set out in the notice convening the EGM and at any adjournment thereof to vote for me/us and in my/our name(s) in respect of the resolutions as indicated below. Unless otherwise indicated, capitalized terms use herein shall have the same meaning as those defined in the circular of the Company dated January 26, 2026.

ORDINARY RESOLUTIONS		FOR^{4}	AGAINST^{4}	ABSTAIN^{4}
1.	To consider and approve the change in the use of net proceeds from the Global Offering;
2.	To consider and approve the resolution regarding the election of directors of the fifth session of the board (the "Board") of directors (the "Director(s)") of the Company (excluding independent non-executive Directors), including:^{6}	For
A total of 6 Directors (excluding independent non-executive Directors) to be elected
2.01	To consider and approve the election of Mr. SHI Junfeng as an executive Director;
2.02	To consider and approve the election of Mr. LU Zhenya as an executive Director;
2.03	To consider and approve the election of Mr. QIN Jian as an executive Director;
2.04	To consider and approve the election of Mr. SHEN Zhiyong as an executive Director;
2.05	To consider and approve the election of Mr. ZHANG Yi as an executive Director;
2.06	To consider and approve the election of Ms. ZHU Xianglan as a non-executive Director;
3.	To consider and approve the resolution regarding the election of independent non-executive Directors of the fifth session of the Board, including:^{6}	For
A total of 4 independent non-executive Directors to be elected
3.01	To consider and approve the election of Ms. GENG Chengxuan as an independent non-executive Director;
3.02	To consider and approve the election of Mr. HONG Kam Le as an independent non-executive Director;
3.03	To consider and approve the election of Mr. ZHANG Jinlong as an independent non-executive Director; and
3.04	To consider and approve the election of Mr. LU Jian as an independent non-executive Director;
SPECIAL RESOLUTION		FOR^{4}	AGAINST^{4}	ABSTAIN^{4}
4.	To consider and approve the resolution regarding the comprehensive credit facilities and guarantee limit estimate for the year 2026.
ORDINARY RESOLUTIONS		FOR^{4}	AGAINST^{4}	ABSTAIN^{4}
5.	To consider and approve the resolution regarding the provision of guarantees by the controlling shareholders and the actual controllers for the comprehensive credit facilities applied by the Company and its subsidiaries;
6.	To consider and approve the resolution regarding the proposed use of a portion of idle self-owned funds by the Company for cash management; and
7.	To consider and approve the resolution regarding the proposed conduct of hedging activities.

Date:

Signature(s)

---

Notes:

1. Full name(s) and address(es) must be inserted in BLOCK CAPITALS.
2. Please insert the number of shares registered in your name(s) to which this proxy related. If no number is inserted, this form of proxy will be deemed to relate to all shares registered in your name(s).
3. If any proxy other than the Chairman of the Meeting is preferred, strike out the words "THE CHAIRMAN OF THE MEETING" and insert the name and address of the proxy desired in the space provided. A shareholder entitled to attend and vote at the EGM may appoint one or more proxies to attend and vote in his/her stead. A proxy need not be a shareholder of the Company but must attend the EGM in person to represent you. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.
4. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, PLEASE TICK IN THE BOX MARKED "FOR". IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, PLEASE TICK IN THE BOX MARKED "AGAINST". IF YOU WISH TO ABSTAIN FROM VOTING ON ANY RESOLUTION, TICK IN THE BOX MARKED "ABSTAIN". If you do not indicate how you wish your proxy to vote, your proxy will be entitled to exercise his/her discretion or abstain from voting. Unless you have indicated otherwise in this form of proxy, your proxy will also be entitled to vote at his/her discretion on any resolution properly put to the EGM other than those referred to in the notice convening the EGM.
5. This form of proxy must be signed by you or your attorney duly authorized in writing. In case of a corporation, the same must be either under its common seal or under the hand of its director(s) or duly authorized attorney(s). If the form of proxy is signed by an attorney of the shareholder, the power of attorney authorizing that attorney to sign or other authorization document must be notarized.
6. The cumulative voting method shall be adopted for the voting of resolutions No. 2 and 3. The cumulative voting method refers to the voting for the election of executive Directors, non-executive Directors or independent non-executive Directors where the number of votes you are entitled to shall be equal to the number of Shares you hold multiplied by the number of Directors to be elected under such resolution group. For example: If you hold 100 Shares, and the number of Directors to be elected under resolution no. 2.01 to 2.06 is six, the total number of votes you are entitled to for voting in respect of resolution no. 2 as a resolution group shall be 600 votes (i.e., 100 shares x 6 = 600 voting Shares). While the number of Directors to be elected under resolution no. 3.01 to 3.04 is four, the total number of votes you are entitled to for voting in respect of resolution no. 3 as another resolution group shall be 400 votes (i.e., 100 shares x 4 = 400 voting Shares).
7. In case of joint holders of any share, any one of such joint holders may vote at the EGM, either in person or by proxy, in respect of such shares as if he/she is solely entitled thereto. However, if more than one of such joint holders are present at the EGM, personally or by proxy, the vote of the joint holder whose name stands first in the register of members and who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the votes of other joint holder(s).
8. In order to be valid, the form of proxy together with the power of attorney or other authorization document (if any) must be deposited at the H share registrar of the Company not less than 24 hours before the time appointed for holding the EGM or any adjournment thereof (as the case may be). Completion and return of a form of proxy will not preclude a shareholder from attending and voting in person at the EGM if he/she so wishes. The H share registrar of the Company is Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong.
9. Shareholders or their proxies attending the EGM shall produce their identity documents.
10. All times refer to Hong Kong local time, except as otherwise stated.

PERSONAL INFORMATION COLLECTION STATEMENT

"Personal Data" in this proxy form has the same meaning as "personal data" in the Personal Data (Privacy) Ordinance, Cap 486 ("PDPO"), which includes your and your proxy's name and address.

Your and your proxy's Personal Data provided in this proxy form will be used in connection with processing your request for the appointment of a proxy to attend, act and vote on your behalf as directed above at the EGM. The supply of your and your proxy's Personal Data is on voluntary basis. However, we may not be able to process your request unless you provide us with your and your proxy's Personal Data.

Your and your proxy's Personal Data will be disclosed or transferred to the Company, the Company's H share registrar and/or other companies or bodies for the purpose stated above, or when it is required to do so by law, for example, in response to a court order or a law enforcement agency's request, and will be retained for such period as may be necessary for our verification and record purpose.

By providing your proxy's Personal Data in this proxy form, you should have obtained the express consent (which has not been withdrawn in writing) from your proxy in using his/her Personal Data provided in this proxy form and that you have informed your proxy of the purpose for and the manner in which his/her Personal Data may be used.

You/your proxy have/has the right to request access to and/or correction of your/your proxy's Personal Data respectively in accordance with the provisions of the PDPO. Any such request for access to and/or correction of your and your proxy's Personal Data should be in writing to the Privacy Compliance Officer of Computershare Hong Kong Investor Services Limited at the above address.