Lygend Resources & Technology Co., Ltd. — Capital/Financing Update 2026

Apr 30, 2026

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 [162 x 42] intentionally omitted <==

Lygend Resources & Technology Co., Ltd. 寧波力勤資源科技股份有限公司

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

(Stock Code: 2245)

INSIDE INFORMATION

This announcement is made by Lygend Resources & Technology Co., Ltd. (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcements of the Company dated May 30, 2025, November 21, 2025 and December 31, 2025, and the circulars of the Company dated June 5, 2025 and December 3, 2025, in relation to, among other things, the proposed initial public offering and listing of A shares on the Main Board of the Shenzhen Stock Exchange (the “ A Share Offering ”). The application proof of A share prospectus of the Company has been published on the website of the Review and Approval of the Issuance and Listing of Stock on the Main Board of the Shenzhen Stock Exchange (https://www.szse.cn/listing/disclosure/ipo/index.html).

During the preparation of the responses to enquiries from the Shenzhen Stock Exchange in respect of the A Share Offering, the Company will disclose its operating results for the period ended March 31, 2026 in the relevant materials for the responses to enquiries. Based on the information currently available to the Group and the preliminary review of the unaudited consolidated financial statements of the Group for the three months ended March 31, 2026, the board of directors of the Company is pleased to announce that:

From January to March 2026, benefiting from the successive commencement of production of the KPS production lines, the Company’s operating scale continued to grow. For the three months ended March 31, 2026, the Company recorded operating revenue of approximately RMB10.5 billion （representing approximately 57.9% of the operating revenue of approximately RMB18.15 billion recorded for the six months ended June 30, 2025), and net profit attributable to owners of the parent of approximately RMB1.2 billion (approaching the net profit attributable to owners of the parent of approximately RMB1.43 billion recorded for the six months ended June 30, 2025).

1

Shareholders and potential investors of the Company are reminded that the above-mentioned financial information has not been reviewed or audited by the auditors of the Company. Shareholders and potential investors of the Company are advised to exercise caution and should not rely solely on such information when dealing in the securities of the Company.

By order of the board of directors Lygend Resources & Technology Co., Ltd. CAI Jianyong Chairman and Executive Director

The PRC, April 30, 2026

As at the date of this announcement, the executive directors are Mr. CAI Jianyong, Ms. FEI Feng, Mr. CAI Jianwei and Mr. WANG Ling; the non-executive director is Mr. Lawrence LUA Gek Pong; the independent non-executive directors are Dr. HE Wanpeng, Ms. ZHANG Zhengping and Dr. WANG James Jixian; the employee representative director is Mr. YU Weijun.

2