Guangdong Create Century Intelligent Equipment Group Corporation Limited announced that it has signed Share Subscription Agreement with individual investor Xia Jun to issue 100,917,431 shares at an issue price of CNY 5.45 per share for gross proceeds of CNY 549,999,998.95 on February 24, 2025. The transaction has been approved by 19th meeting of the 6th board of directors and still requires approval from the general meeting of shareholders and can only be implemented after being reviewed and approved by the Shenzhen Stock Exchange and registered with the China Securities Regulatory Commission. The validity period of the resolution for this issuance of shares to the specific investor is 12 months from the date the issuance plan is approved by the company's general meeting of shareholders.