Key Points for Investors

• Correction of Proxy Form Submission Deadline:
  Shenzhen Hipine Precision Technology Co., Ltd. has issued a clarification regarding the deadline for shareholders to submit their proxy forms for the upcoming Annual General Meeting (AGM). The correct deadline is before 2:30 p.m. on Sunday, 10 May 2026.
• Scope of Correction:
  This correction applies to information found in several locations—specifically, the cover page, pages 11 and 69 of both the Chinese and English versions of the Circular, page 5 of the AGM Notice, and note 8 of the Proxy Form.
• No Other Changes:
  Apart from the revised deadline, all other information contained in the Circular, AGM Notice, and Proxy Form remains unchanged.
• Board Composition:
  The announcement also confirms the current composition of the Board, which includes three executive directors, one non-executive director, and three independent non-executive directors. This may be relevant for shareholders assessing governance and leadership stability.

Important Information for Shareholders

Shareholders who plan to attend or vote at the AGM must ensure that their proxy forms are submitted by the corrected deadline. Failure to adhere to this deadline could result in their votes not being counted, potentially affecting shareholder decisions on key matters at the meeting.

The announcement clarifies a clerical error, which could have led to confusion or missed voting opportunities for shareholders. Ensuring accurate participation in the AGM is essential, especially if significant resolutions or decisions affecting the future direction of the company are to be tabled.

Potential Impact on Share Price

While the announcement is primarily administrative, the correction ensures transparency and governance integrity. If shareholders had missed the correct deadline due to the clerical error, it could have led to dissatisfaction or disputes, potentially affecting investor confidence. The company’s prompt clarification may help mitigate any negative sentiment.

However, unless the AGM includes resolutions that are material to the company’s operations, capital structure, or strategic direction, the clarification itself is unlikely to have a direct impact on the share price. Investors should remain alert for further disclosures or AGM outcomes that might be more price-sensitive.

Board Statement

The clarification was issued under the authority of LI Yongzhong, Chairman of the Board and Executive Director, reaffirming leadership responsibility and accountability. The announcement is dated 21 April 2026 and released from Shenzhen, PRC.

The Board comprises:

• Executive Directors: LI Yongzhong (Chairman), HU Shaohua, LI Yangjin
• Non-Executive Director: HUANG Liangdi
• Independent Non-Executive Directors: GUO Xiaohong, WONG Sin Yung, SHE Dingshun

Conclusion

Shareholders should take note of the corrected proxy form submission deadline and ensure compliance to exercise their voting rights at the AGM. The company’s swift correction demonstrates attention to governance and investor relations, which is positive for shareholder confidence. Further material developments from the AGM or related announcements should be monitored for any price-sensitive information.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute investment advice. Investors are advised to refer to official company documents and consult their financial advisors before making investment decisions.

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