Newlink Technology Inc. — M&A Activity 2026

May 25, 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.

NEWLINK TECHNOLOGY INC.

新紐科技有限公司*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 9600)

SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO MEMORANDUM OF INTENT ON ACQUISITION OF EQUITY INTEREST

Reference is made to the announcement of Newlink Technology Inc. (the "Company") dated 22 May 2026 (the "Announcement") in relation to the memorandum of intent on acquisition of equity interest. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

The Company hereby provides the following supplemental information in relation to the Acquisition: in respect of the performance guarantee stated in the Announcement, the Shareholders of the Target Company and the Beneficial Owners of the Target Company agreed in the Memorandum to undertake to the Company that the cumulative audited net profit of the Target Company during the three performance guarantee years shall be not less than HK$50,000,000, and the cumulative net cash inflow from operating activities shall be not less than HK$50,000,000. The aforesaid net profit and net cash inflow from operating activities shall be determined based on the special audit report issued by the annual auditor of the Company or a qualified audit institution recognised by the Company. Key terms and details, including among other things payment of the consideration, the performance commitments and the performance compensation, shall be subject to the formal acquisition agreement signed by all parties.

Save as disclosed above, all other information set out in the Announcement remains unchanged.

By order of the Board

Newlink Technology Inc.*

ZHAI Shuchun

Chairman of the Board and Chief Executive Officer

Beijing, the PRC, 25 May 2026

As at the date of this announcement, the executive Directors are Mr. ZHAI Shuchun, Ms. QIN Yi and Mr. LI Xiaodong; and the independent non-executive Directors are Mr. TANG Baoqi, Ms. YANG Juan and Mr. YOU Linfeng.

• For identification purpose only