Wise Living Technology Co., Ltd — Capital/Financing Update 2024

Aug 21, 2024

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 [260 x 45] intentionally omitted <==

Wise Living Technology Co., Ltd 慧 居 科 技 股 份 有 限 公 司

(A joint stock limited liability company incorporated in the People’s Republic of China) (Stock Code: 2481)

INSIDE INFORMATION LISTING APPROVAL GRANTED BY THE STOCK EXCHANGE IN RESPECT OF THE FULL CIRCULATION OF SHARES OF THE COMPANY

This announcement is made by Wise Living Technology Co., Ltd (the “ Company ”) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities (the “ Listing Rules ”) on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) and the Inside Information Provisions 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 29 April 2024 and 3 July 2024 (the “ H Share Full Circulation Announcements ”) in relation to the Application to the CSRC for the full circulation of shares by the Company and the issuance of filing notice by the CSRC for the full circulation of shares of the Company. Unless otherwise defined, capitalised terms used herein shall have the same meaning as those defined in the H Share Full Circulation Announcements.

LISTING APPROVAL GRANTED BY THE STOCK EXCHANGE

The Board is pleased to announce that on 20 August 2024, the Stock Exchange granted its approval for the listing of and permission to deal in 226,000,000 H Shares (the “ Converted H Shares ”), representing the total number of Unlisted Shares to be converted under the Conversion and Listing, subject to fulfillment of all other conditions of the Conversion and Listing.

– 1 –

SHAREHOLDING STRUCTURE OF THE COMPANY BEFORE AND AFTER COMPLETION OF THE CONVERSION AND LISTING

The Conversion and Listing will involve a total of 12 participating shareholders (the “ Participating Shareholders ”) of the Company of an aggregate of 226,000,000 Unlisted Shares, which will, after the Conversion and Listing, represent approximately 74.93% of the total issued shares capital of the Company. Set out below is the percentage holding in the Company in relation to the Participating Shareholders upon completion of the Conversion and Listing:

Name of Participating ShareholdersJiangsu Shuangliang Technology Company Limited*(江蘇雙良科技有限公司)Jiangsu Lichuang New Energy Company Limited*(江蘇利創新能源有限公司)Mr. Li Baoshan (李寶山先生)Mr. Gu Dongsheng (顧東升先生)Mr. Liu Jiansheng (劉建生先生)Mr. Liu Jing (劉竟先生)Mr. Shan Yulin (單昱林先生)Mr. Li Fenglin (李峰林先生)Mr. Liu Guoyin (劉國銀先生)Mr. Wang Xiaosong (王曉松先生)Mr. Geng Ming (耿鳴先生)Mr. Jiang Shaojun (蔣少軍先生)TOTAL	Number ofConvertedH SharesApproximatepercentage of theCompany’s totalissued sharecapital uponcompletion ofthe Conversionand Listing**(Note)**150,000,00049.73%51,000,00016.91%6,000,0001.99%2,500,0000.83%2,500,0000.83%2,000,0000.66%2,000,0000.66%2,000,0000.66%2,000,0000.66%2,000,0000.66%2,000,0000.66%2,000,0000.66%226,000,00074.93%

Note: the percentages may not add up to total due to rounding.

– 2 –

Assuming there are no other share capital changes and all the Unlisted Shares held by the Participating Shareholders are converted into H Shares, the share capital structure of the Company as at the date of this announcement and immediately upon the completion of the Conversion and Listing is as follows:

Class of sharesUnlisted SharesH SharesTOTAL	As at the date of thisannouncementNumber ofsharesApproximatepercentage226,000,00074.93%75,600,00025.07%301,600,000100%	Upon completion of theConversion and ListingNumber ofsharesApproximatepercentage00%301,600,000100%301,600,000100%

The Company shall complete the relevant conversion and trading procedures in respect of the Converted H Shares and will make further announcement(s) on the progress of the Conversion and Listing in compliance with the requirements under the Listing Rules and the applicable laws, as and when appropriate.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares and other securities of the Company.

By Order of the Board Wise Living Technology Co., Ltd GENG Ming Chairman and Executive Director

Hong Kong, 21 August 2024

As at the date of this announcement, the Board comprises Mr. Geng Ming, Mr. Li Baoshan and Mr. Luo Wei as executive Directors, Mr. Miao Wenbin, Mr. Ma Fulin and Ms. Xu Lijie as non-executive Directors, and Mr. Cheung Ho Kong, Dr. Tse Hiu Tung, Sheldon and Dr. Zhu Qing as independent non-executive Directors.

• For identification purposes only

– 3 –