Yidu Tech Inc. — Capital/Financing Update 2022

Dec 20, 2022

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.

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Yidu Tech Inc. 醫渡科技有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 2158)

SUPPLEMENTAL ANNOUNCEMENT

DISCLOSEABLE AND CONNECTED TRANSACTION IN RELATION TO SUBSCRIPTION OF INTEREST IN A FUND

Reference is made to the announcement of Yidu Tech Inc. (the “ Company ”) dated October 28, 2022 (the “ Announcement ”). Unless otherwise defined, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement.

The Board would like to provide the Shareholders and potential investors of the Company with additional information in relation to the Transaction set out in the Announcement as follows:

• (i) the identity of the other Limited Partner of the Fund is Raumier Limited, which is a whollyowned subsidiary of Brunei Investment Agency (“ BIA ”). BIA is a body corporate that was established by the Brunei Investment Agency Act (Chapter 137 of the Laws of Brunei). BIA is a government-owned corporation that reports to the Ministry of Finance of the Government of Brunei and one of its principal objects is to hold and manage the General Reserve Fund of the Government of Brunei; and

• (ii) it was disclosed in the Announcement that the limited partners of the Carried Interest Partner are committed as to (i) 29% by a limited partnership, whose general partner is an entity whollyowned by Mr. Liang and limited partner is an entity wholly-owned by Ms. Yang; and (ii) 71% by a limited partnership, whose general partner is an entity wholly-owned by Mr. Liang and limited partner is an entity wholly-owned by Mr. He. The Company would like to emphasize that the Carried Interest Partner only holds a passive role in receiving carry and does not and will not have any capital commitment to the Fund. In addition, the discretion in respect of the distribution of investment proceeds to the Carried Interest Partner lies solely with the General Partner and Mr. Liang, who controls the General Partner, has confirmed that Ms. Yang would not receive any money from the Transaction and would not be treated favourably in the event of her exit from the Fund. Ms. Yang was also not considered a connected person (as defined under the Listing Rules) of the Company for the purposes of the Transaction. For details of the Listing Rules implications of the Transaction, please refer to the Announcement. On basis of the above,

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Ms. Yang was not considered to have any material interest in the Transaction and hence was not required by the articles of association of the Company or the Listing Rules to abstain from voting on the relevant Board resolutions approving the same.

By order of the Board Yidu Tech Inc. Gong Yingying Executive Director, Chairlady and Chief Executive Officer

Hong Kong, December 20, 2022

As at the date of this announcement, the executive Directors are Ms. Gong Yingying, Ms. Yang Jing, Dr. Yan Jun and Ms. Zhang Shi; the non-executive Director is Mr. Zeng Ming; and the independent non-executive Directors are Dr. Ma Wei-Ying, Ms. Pan Rongrong and Prof. Zhang Linqi.

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