Shenzhen Hipine Precision Technology Co., Ltd. — Proxy Solicitation & Information Statement 2025

Nov 13, 2025

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.

HIPINE

SHENZHEN HIPINE PRECISION TECHNOLOGY CO., LTD.

深圳西普尼精密科技股份有限公司

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

(Stock Code: 2583)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT an extraordinary general meeting (the "EGM") of Shenzhen Hipine Precision Technology Co., Ltd. (the "Company") will be held at Meeting Room, 4th Floor, North Wing, Building A3, Xiufeng Industrial City, Gankeng Community, Jihua Street, Longgang District, Shenzhen, the People's Republic of China (the "PRC") at 2:00 p.m. on Friday, 28 November 2025 for the purpose of considering and, if thought fit, approving the following resolutions. Unless the context otherwise requires, terms used in this notice shall have the same meanings as those defined in the circular of the Company dated 13 November 2025.

ORDINARY RESOLUTIONS

1. To consider and approve the election or re-election (as the case may be) of Directors of the 4th session of the Board on an item-by-item basis:

(a) To consider and approve the appointment of Mr. She Dingshun as an independent non-executive Director of the 4th session of the Board.

(b) To consider and approve the re-election of Mr. Li Yongzhong as an executive Director of the 4th session of the Board.

(c) To consider and approve the re-election of Mr. Hu Shaohua as an executive Director of the 4th session of the Board.

(d) To consider and approve the re-election of Mr. Li Yangjin as an executive Director of the 4th session of the Board.

(e) To consider and approve the re-election of Mr. Huang Liangdi as a non-executive Director of the 4th session of the Board.

(f) To consider and approve the re-election of Ms. Guo Xiaohong as an independent non-executive Director of the 4th session of the Board.

(g) To consider and approve the re-election of Mr. Wong Sin Yung as an independent non-executive Director of the 4th session of the Board.

---

1. To consider and approve the re-election of non-employee representative Supervisors of the 4th session of the Supervisory Committee on an item-by-item basis:

(a) To consider and approve the re-election of Ms. Yao Xiangping as a non-employee representative Supervisor of the 4th session of the Supervisory Committee.

(b) To consider and approve the re-election of Mr. Zou Jianping as a non-employee representative Supervisor of the 4th session of the Supervisory Committee.

By Order of the Board

SHENZHEN HIPINE PRECISION TECHNOLOGY CO., LTD.

Li Yongzhong

Chairman

13 November 2025

---

Notes:

1. CLOSURE OF THE REGISTER OF MEMBERS

For the purpose of determining the Shareholders’ eligibility to attend and vote at the EGM, the register of members of the Company will be closed from Tuesday, 25 November 2025 to Friday, 28 November 2025, both days inclusive, during which period no transfer of any Shares will be registered. To ascertain the Shareholders’ entitlement to attend and vote at the EGM, all properly completed share transfer forms accompanied by the relevant share certificates must be lodged with the Company’s H Share Registrar, Tricor Investor Services Limited, at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong (in respect of H Shareholders) or the Company’s Board office at 3701A, Shuibei International Jewellery Centre 2901, No. 99 Beili North Road, Cuijin Community, Cuizhu Street, Luohu District, Shenzhen, Guangdong Province, the PRC (in respect of Domestic Shareholders), no later than 4:30 p.m. on Monday, 24 November 2025 for registration. Shareholders whose names appear on the register of members of the Company on Friday, 28 November 2025 are entitled to attend and vote at the EGM.

Therefore, the record date for determining shareholders’ eligibility to attend and vote at the EGM is Friday, 28 November 2025.

1. APPOINTMENT OF PROXY

Any Shareholder entitled to attend and vote at the EGM is entitled to appoint one or more proxies to attend and vote at the meeting on him/her behalf. A proxy need not be a Shareholder of the Company.

The proxy form shall be in writing and signed by the Shareholder or his/her attorney authorized in writing or, if the Shareholder is a corporate body, either executed under its common seal or signed by its legal representative or director or duly authorized attorney. If the proxy form is signed by the attorney of the Shareholder, the power of attorney or other authorization document authorizing the attorney to sign the proxy form must be notarized.

In order to be valid, the proxy form together with the power of attorney or other authorization document (if any) should be lodged with the H Share Registrar of the Company, Tricor Investor Services Limited, at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong (in respect of H Shareholders), or the Company’s Board office, at 3701A, Shuibei International Jewellery Centre 2901, No. 99 Beili North Road, Cuijin Community, Cuizhu Street, Luohu District, Shenzhen, Guangdong Province, the PRC (in respect of Domestic Shareholders) not less than 24 hours before the scheduled time for holding of the EGM (i.e. before 2:00 p.m. on Thursday, 27 November 2025) or any adjournment thereof (as the case may be). Completion and return of the proxy form will not preclude you from attending and voting in person at the EGM if you so wish at the time.

1. APPOINTED CONTACT PERSON FOR THE MEETING

Contact Address: 3701A, Shuibei International Jewellery Centre 2901, No. 99 Beili North Road, Cuijin Community, Cuizhu Street, Luohu District, Shenzhen, Guangdong Province, the PRC
Contact Person: Li Yangjin
Contact Telephone: (86) 13798550966
Contact Email: liyangjin@hipine.com

1. VOTING BY POLL

---

According to Rule 13.39(4) of the Listing Rules, any vote of Shareholders at the EGM must be taken by poll.

5. OTHER MATTERS

For the purpose of resolutions 1(a) to (g) above, the biographies of the relevant candidates for Directors are set out in Appendix I to the circular of the Company dated 13 November 2025. For the purpose of resolutions 2(a) to 2(b) above, the biographies of the relevant candidates for Supervisors are set out in Appendix II to the circular of the Company dated 13 November 2025. The EGM is expected to last for approximately half a day. Shareholders (in person or by proxy) attending the EGM are responsible for their own transportation and accommodation expenses.

As at the date of this notice, the Board consists of: (i) the executive Directors Mr. LI Yongzhong (Chairman of the Board), Mr. HU Shaohua and Mr. LI Yangjin; (ii) the non-executive Director Mr. HUANG Liangdi; and (iii) the independent non-executive Directors Mr. LI Qi, Mr. LIN Yong, Ms. GUO Xiaohong and Mr. WONG Sin Yung.

• 4 -