Shanxi Installation Group Co., Ltd. — Proxy Solicitation & Information Statement 2024

Dec 9, 2024

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, 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 notice.

Shanxi Installation Group Co., Ltd.

山西省安裝集團股份有限公司

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

(Stock Code: 2520)

NOTICE OF THE 2024 FIRST EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 2024 first extraordinary general meeting of Shanxi Installation Group Co., Ltd. (the “Company”) will be held at 3:00 p.m. on Friday, December 27, 2024 at the Conference Room, East Side, 2/F, Shanxi Installation Office Building, No. 8 Xinhua Road, Shanxi Transformation and Comprehensive Reform Demonstration Zone, Shanxi Province, PRC for the purpose of considering, and if thought fit, passing the following resolution. Unless otherwise indicated, capitalized terms used herein shall have the same meanings as defined in the circular of the Company dated December 9, 2024.

ORDINARY RESOLUTION

1. To consider and approve the Resolution on the Provision of Guarantee to Envision Enterprise Investment Limited by Shanxi Installation Group.

By order of the Board

Shanxi Installation Group Co., Ltd.

山西省安裝集團股份有限公司

Mr. Wang Limin

Chairman and Executive Director

Shanxi, the PRC,

December 9, 2024

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Notes:

1. The register of members of the H Shares will be closed from December 23, 2024 to December 27, 2024 (both days inclusive), during which period no transfer of H Shares will be effected. For unregistered Shareholders who intend to attend the Extraordinary General Meeting, all share certificates and the relevant transfer documents must be lodged with the H Share registrar of the Company in Hong Kong, Computershare Hong Kong Investor Services Limited, at Shops 1712–1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wan Chai, Hong Kong, not later than 4:30 p.m. on December 20, 2024.

2. Shareholders who are entitled to attend and vote at the Extraordinary General Meeting may appoint one or more proxies to attend and vote on their behalves. A proxy need not be a Shareholder.

3. The instrument appointing a proxy must be in writing under the hand of a Shareholder or his attorney duly authorised in writing. If the Shareholder is a legal person, that instrument must be executed either under its seal or under the hand of its director or other attorney duly authorised to sign the same on its behalf.

4. In order to be valid, the proxy form must be deposited to the H Share registrar of the Company, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wan Chai, Hong Kong not less than 24 hours before the time for holding the Extraordinary General Meeting. If the proxy form is signed by a person under a power of attorney or other authority, a notarized copy of that power of attorney or other authority shall be deposited at the same time as mentioned in the proxy form. Please note that Wednesday, December 25, 2024 and Thursday, December 26, 2024 are not working days in Hong Kong, and the office of Computershare Hong Kong Investor Services Limited will not be open on these days for the physical delivery of proxy forms. Completion and return of the proxy form will not preclude the Shareholders from attending and voting in person at the Extraordinary General Meeting or any adjourned meetings should they so wish.

5. Shareholders shall produce their identification documents and supporting documents in respect of the shares of the Company held when attending the Extraordinary General Meeting. If corporate Shareholders appoint authorised representative to attend the Extraordinary General Meeting, the authorised representative shall produce his/her identification documents and a notarized copy of the relevant authorisation instrument signed by the board of directors or other authorised parties of the corporate shareholders or other notarized documents allowed by the Company. Proxies shall produce their identification documents and the proxy form signed by the Shareholders or their attorney when attending the Extraordinary General Meeting.

6. The Extraordinary General Meeting is expected to take for less than half a day. Shareholders attending the Extraordinary General Meeting shall be responsible for their own travel and accommodation expenses.

7. All voting at the Extraordinary General Meeting will be conducted by poll.

8. References to times and dates of this notice are to Hong Kong times and dates.

This notice (in both English and Chinese versions) is available on the Company’s website at www.sxaz.com.cn.

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Shareholders may request for printed copy of the circular free of charge or change their choice of means of receipt and language of the Company's corporate communications by sending reasonable notice in writing to the Company's H Share registrar, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong or by sending an email to sxaz.ecom@computershare.com.hk.

Shareholders who have chosen to receive the Company's corporate communications in either English or Chinese version will receive both English and Chinese versions of this notice since both languages are bound together into one booklet.

As at the date of this notice, the board of directors of the Company comprises: (i) Mr. Wang Limin, Mr. Ren Rui and Mr. Zhang Yan as executive directors, (ii) Mr. Xu Guanshi, Mr. Zhang Hongjie, Mr. Mu Jianwei and Mr. Feng Cheng as non-executive directors; and (iii) Mr. Wang Jingming, Professor Wu Qiusheng, Ms. Shin Chuck Yin and Mr. Guo He as independent non-executive directors.

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