Sanxin Medical: Announcement on the achievements of lifting the restrictions on sales during the second lifting period of the 2024 Restricted Stock Incentive Plan

Securities code: 300453 Securities abbreviation: Sanxin Medical Announcement number: 2026-063 Bond code: 123280 Bond abbreviation: Sanxin Convertible Bonds

Jiangxi Sanxin Medical Technology Co., Ltd.

Regarding the second lifting period of the restricted stock incentive plan in 2024

Announcement on Lifting the Sales Restriction Conditions Achievements

The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and that there are no false records, misleading statements or major omissions.

Important content reminder:

1. The conditions for the second unlocking period of Jiangxi Sanxin Medical Technology Co., Ltd. (hereinafter referred to as the "Company" or the "Company") in the 2024 Restricted Stock Incentive Plan have been met. There are a total of 110 incentive targets who meet the conditions for this restricted stock unlocking, and the number of shares that can be unlocked is 3.801825 million shares, accounting for 52,208.4275 of the company's total share capital on the date of this announcement. 0.7282% of 10,000 shares.

2. Source of restricted stocks: the company’s A shares of common stock repurchased from the secondary market.

3. After completing the relevant procedures for lifting the sales restrictions of this restricted stock, the company will issue an indicative announcement related to listing and circulation, so investors are advised to pay attention.

On August 21, 2026, the company held the third meeting of the sixth session of the Board of Directors, and reviewed and approved the "Proposal on the Achievements of Unlocking the Restrictions during the Second Unlocking Period of the 2024 Restricted Stock Incentive Plan". The company's Board of Directors believed that the conditions for unblocking and unblocking the second unlocking period of the 2024 Restricted Stock Incentive Plan have been met, and agreed that the company would handle the procedures for the 110 incentive targets who meet the conditions for releasing the restrictions in accordance with regulations 380.1825 Matters related to the lifting of sales restrictions on 10,000 shares of Class I restricted stocks. The relevant matters are now explained as follows:

1. Summary of implementation of equity incentive plan

(1) Introduction to Equity Incentive Plan

The company held the 12th meeting of the fifth board of directors on July 29, 2024, and the first extraordinary general meeting of shareholders in 2024 on August 14, 2024 respectively, and reviewed and approved the "Proposal on the Company's 2024 Restricted Stock Incentive Plan (Revised Draft)> and its Summary" and other relevant proposals.

The main contents of the "2024 Restricted Stock Incentive Plan (Revised Draft)" (hereinafter referred to as the "Incentive Plan") are as follows:

1. Incentive tools: Class I restricted stocks.

2. Stock source: the company’s A-share common stock repurchased by the company from the secondary market.

3. Grant recipients: The incentive recipients of restricted stocks granted under this incentive plan include directors, senior managers, and core technical (management/business) personnel who were working in the company (including controlled subsidiaries) when the company announced this incentive plan. All the above incentive recipients do not include shareholders or actual controllers who individually or collectively hold more than 5% of the company's shares and their spouses, parents, and children; they do not include independent directors and supervisors.

4. Validity period of this incentive plan

The validity period of this incentive plan is from the date of completion of registration of restricted stock grant to the date when all restricted stocks granted to the incentive targets are released from sale restrictions or repurchased and cancelled, and shall not exceed 48 months.

5. The sales restriction period of this incentive plan

The unlocking period for the restricted stocks granted under this incentive plan and the unlocking schedule for each period are as follows:

Restriction release period Restriction release time Restriction release ratio 12 months from the date of completion of restricted stock grant registration

From the first trading day after to the registration of restricted stock grant

50% off for the first one to unlock the sale period

On the last trading day within 24 months from the date of completion

until date

24 months from the date of completion of registration of restricted stock grant

From the first trading day after to the registration of restricted stock grant

50% during the second lifting period

The last trading day within 36 months from the date of completion

until date

6. Performance assessment requirements for lifting restrictions on restricted stocks

(1) Company-level performance appraisal requirements

The assessment years corresponding to the restricted stocks of this incentive plan are the two fiscal years from 2024 to 2025, and they are assessed once in each fiscal year. Reaching the performance assessment target is one of the conditions for unlocking the sales restrictions of the incentive objects in that year.

The annual performance assessment targets for the restricted stocks granted under this incentive plan are as follows:

Lifting the sales restriction period corresponds to the performance assessment target of the assessment year

The company needs to meet one of the following two conditions:

① Taking the operating income in 2023 as the base, the operating income in 2024 will increase. The first sales restriction period will be lifted in 2024.

The growth rate is not less than 15.00%;

②Based on the net profit in 2023, the net profit growth rate in 2024

Not less than 10.00%.

The company needs to meet one of the following four conditions:

① Taking the operating income in 2023 as the base, the operating income growth rate in 2025 will not be less than 26.50%;

② Taking the net profit in 2023 as the base, the net profit growth rate in 2025, the second lifting period for sales in 2025, shall not be less than 20.00%;

③The average operating income from 2024 to 2025 will increase by no less than 20.75% compared with the operating income in 2023;

④The average net profit from 2024 to 2025 will increase compared with the net profit in 2023

The length shall not be less than 15.00%.

Note: 1. The above "operating income" is calculated based on the company's audited consolidated statement values;

2. The above-mentioned "net profit" refers to the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses in the audited consolidated statements, and excluding the data affected by the share-based payment expenses involved in all equity incentive plans and employee stock ownership plans of the company within the validity period as the calculation basis;

3. The performance targets involved in the above-mentioned conditions for releasing restricted stocks do not constitute the company’s performance forecast and substantive commitment to investors.

If the company fails to achieve the above performance assessment goals, the restricted stocks of all incentive targets planned to be released in the current period cannot be unlocked. The company will repurchase and cancel them based on the repurchase price plus the bank deposit interest for the same period. The unlocking of sales restrictions cannot be postponed to the next period.

(2) Individual-level performance appraisal requirements

The individual-level assessment of incentive targets is implemented in accordance with the company's internal performance assessment related systems. The company determines the proportion of individual-level sales restrictions lifted based on the assessment results of the incentive targets. The performance appraisal results of incentive objects are divided into four grades: A, B, C, and D. At that time, the number of shares actually unlocked for the incentive objects will be determined based on the corresponding individual-level unlocking coefficient in the following assessment rating table:

Assessment results A B C D

Coefficient of lifting sales restrictions at the individual level (N) 1.0 0.9 0.8 0

On the premise that the company's performance appraisal goals are achieved, the actual number of individual incentive targets that are lifted from sales restrictions in the current period = the number of individuals who plan to lift sales restrictions in the current period × the individual-level lifting of sales restrictions coefficient (N).

If the current individual-level unlocking coefficient of the incentive target does not reach 1.0, the remaining shares in the current period that do not meet the conditions for unlocking shall not be unlocked. The company will repurchase and cancel them at the repurchase price plus bank deposit interest for the same period, and shall not be deferred to the next period to be lifted.

If the incentive targets are the company's directors and senior managers, such as the company's issuance of stocks (including preferred shares) or convertible bonds, which results in the company's immediate returns being diluted and the company's immediate returns must be filled up, measures to make up for the immediate returns must be implemented. As the incentive targets of this incentive plan, in order to unlock the restricted stocks they receive personally, in addition to meeting the above-mentioned unlocking conditions, they must also meet the conditions for the filling up returns measures formulated and implemented by the company to be effectively implemented.

(2) Explanation of differences between the equity incentive plan implemented this time and the disclosed equity incentive plan

1. Explanation of the difference between the incentive objects being granted restricted stocks and the company’s announcement

During the fund payment process after the restricted stock grant date was determined by the company's board of directors, two incentive targets voluntarily gave up all the restricted shares to be granted, totaling 160,000 shares. Therefore, the number of incentive targets granted under this incentive plan was adjusted from 118 to 116, and the number of restricted shares granted was adjusted from 8.29565 million shares to 8.13565 million shares.

2. Explanation of the situation of lifting the sales restriction during the first lifting period

During the first lock-up period, 2 incentive targets resigned due to personal reasons and no longer met the conditions of incentive targets. All 190,000 restricted shares that had been granted to them but had not yet been released from sale restrictions were repurchased and canceled. A total of 114 people participated in the assessment during the first lock-up period. Among them, 85 people had a personal-level lifting coefficient of 1.0, corresponding to a 100% lifting ratio; 29 people had a personal-level lifting coefficient of less than 100%. 1.0. During the current period, 123,250 shares that did not meet the conditions for lifting restrictions were repurchased and canceled by the company. This time, a total of 313,250 Class I restricted stocks were repurchased and canceled. There are 112 incentive targets who meet the conditions for lifting the restrictions during the first lifting period, and the number of restricted stocks that can be lifted is 3,849,575 shares, accounting for 0.7369% of the company’s total share capital of 522,397,525 shares at that time. This part of the restricted stocks has been listed and circulated on September 1, 2025.

3. Explanation of the situation of lifting the sales restrictions during the second lifting period

During the second lock-up period, 3 incentive targets resigned due to personal reasons and no longer met the conditions for incentive targets. All of them had been granted 55,000 restricted shares that had not yet been released from sale restrictions and were repurchased and cancelled. A total of 111 people participated in the assessment during the second lock-up period. Among them, 85 people had an individual-level unlocking coefficient of 1.0 in the current period, corresponding to a 100% unlocking ratio; 26 people had a personal-level unlocking coefficient of less than 100%. 1.0, 116,000 shares that did not meet the conditions for lifting sales restrictions during the current period were repurchased and canceled by the company; a total of 171,000 Class I restricted stocks were repurchased and canceled this time. There are 110 incentive targets who meet the conditions for lifting the restrictions during the second lifting period, and the number of restricted stocks that can be lifted is 3,801,825 shares, accounting for 0.7282% of the company's total share capital of 522,084,275 shares on the date of this announcement.

4. Explanation of matters related to price adjustment of restricted stock repurchase and repurchase cancellation

(1) On October 28, 2025, the company completed the procedures for the repurchase and cancellation of some restricted stocks under the 2024 restricted stock incentive plan. The number of shares repurchased and canceled was 313,250 shares, accounting for 0.06% of the company’s total share capital of 522,397,525 shares before the repurchase. The number of people involved in this restricted stock repurchase and cancellation was 31 The repurchase price was adjusted from 3.5 yuan/share to 3.1 yuan/share plus the sum of bank deposit interest for the same period, and the total repurchase funds were 985,277.05 yuan (of which the restricted stock repurchase amount was 971,075 yuan, and the bank deposit interest for the same period was 14,202.05 yuan). For details, please refer to the "Announcement on the Completion of the Repurchase and Cancellation of Part of the Restricted Stocks Under the 2024 Restricted Stock Incentive Plan" published by the company on the GEM information disclosure website designated by the China Securities Regulatory Commission (Announcement No.: 2025-062).

(2) On August 21, 2026, the company held the third meeting of the sixth board of directors and reviewed and approved the "Proposal on Adjusting the Repurchase Price of the 2024 Restricted Stock Incentive Plan and the Repurchase and Cancellation of Some Restricted Stocks". Based on the aforementioned repurchase price adjustment and repurchase and cancellation matters, as well as the company's completed annual equity distribution in 2025, the repurchase price of the restricted stocks under this incentive plan will be adjusted from 3.1 yuan/share to 2.9 yuan/share. Yuan/share plus the sum of bank deposit interest for the same period.

In view of the fact that this repurchase and cancellation matter still needs to comply with relevant legal procedures and will take a long time to process, and the company's 2026 mid-term profit distribution plan still needs to be submitted to the company's first extraordinary shareholders' meeting in 2026 for review and approval.

① If the company's 2026 mid-term profit distribution plan is not approved by the company's first extraordinary shareholders' meeting in 2026, or is not implemented before the repurchase and cancellation of restricted stocks, the repurchase price does not need to be adjusted again, which is the sum of 2.9 yuan/share plus bank deposit interest for the same period.

② If the company's 2026 mid-term profit distribution plan is approved by the company's first extraordinary shareholders' meeting in 2026 and is implemented before the repurchase and cancellation of restricted stocks is processed, the repurchase price will be adjusted from 2.9 yuan/share to the sum of 2.8 yuan/share plus bank deposit interest for the same period.

Except for the above adjustments, there is no difference between the incentive plan implemented this time and the disclosed incentive plan.

(3) Relevant approval procedures that have been completed for the restricted stock incentive plan

1. On June 6, 2024, the company held the 10th meeting of the fifth session of the Board of Directors, which reviewed and approved the "Proposal on the Company's 2024 Restricted Stock Incentive Plan (Draft)" and its Summary, the "Proposal on the Company's <2024 Restricted Stock Incentive Plan Implementation Assessment and Management Measures>", the "Proposal on Submitting to the General Meeting of Shareholders to Authorize the Board of Directors to Handle Matters Related to Equity Incentives" and other proposals related to the company's 2024 restricted stock incentive plan. On the same day, the company held the 10th meeting of the fifth session of the Supervisory Board, which reviewed and approved the proposals related to this incentive plan and verified the list of incentive targets granted by the company's incentive plan. For details, please refer to the relevant announcement published by the company on the GEM information disclosure website designated by the China Securities Regulatory Commission on June 7, 2024.

2. On July 29, 2024, the company held the twelfth meeting of the fifth board of directors, which reviewed and approved the "Proposal on the Company's 2024 Restricted Stock Incentive Plan (Revised Draft)" and its Summary, the "Proposal on the Company's "2024 Restricted Stock Incentive Plan Implementation Assessment and Management Measures (Revised Draft)", "The Proposal on Requesting the General Meeting of Shareholders to Authorize the Board of Directors to Handle Matters Related to the Equity Incentive Plan" and other proposals related to this incentive plan. On the same day, the company held the 11th meeting of the fifth board of supervisors, which reviewed and approved the proposals related to this incentive plan and verified the list of incentive targets (revised draft) granted by the company's incentive plan. For details, please refer to the relevant announcement published by the company on the GEM information disclosure website designated by the China Securities Regulatory Commission on July 30, 2024.

3. From July 30, 2024 to August 8, 2024, the company publicized the names and positions of the incentive objects granted by this incentive plan within the company. As of the expiration of the publicity period, the company's Board of Supervisors has not received any objections from any employees regarding the list of proposed incentives, and there is no feedback record. The company disclosed the "Explanation of the Review Opinions and Publicity of the Board of Supervisors on the List of Incentive Objects of the 2024 Restricted Stock Incentive Plan (Revised Draft)" on August 9, 2024.

4. On August 14, 2024, the company held the first extraordinary general meeting of shareholders in 2024, and reviewed and approved the "Proposal on the Company's 2024 Restricted Stock Incentive Plan (Revised Draft)" and its Summary, and the "Proposal on the Company's 2024 Restricted Stock Incentive Plan (Revised Draft)" and its Summary The Company’s independent directors have solicited proxy voting rights from all the company’s shareholders on the proposals related to this incentive plan. This incentive plan was approved by the company's first extraordinary shareholders' meeting in 2024, and the board of directors was authorized to handle matters related to the company's equity incentive plan. On the same day, the company disclosed the "Self-examination Report on the Purchase and Sale of Company Stocks by Insiders of the 2024 Restricted Stock Incentive Plan." For details, please refer to the relevant announcement published by the company on the GEM information disclosure website designated by the China Securities Regulatory Commission on August 14, 2024.

5. On August 15, 2024, the company held the 14th meeting of the fifth board of directors and the 13th meeting of the fifth board of supervisors, and reviewed and approved the "Proposal on Granting Restricted Stocks to Incentive Objects of the 2024 Restricted Stock Incentive Plan". The company's Board of Supervisors reviewed the list of incentive targets of this incentive plan (as of the date of grant) and issued verification opinions. For details, please refer to the relevant announcement published by the company on the GEM information disclosure website designated by the China Securities Regulatory Commission on August 16, 2024.

6. On September 2, 2024, the company disclosed the "Announcement on the Completion of Registration for the Grant of Restricted Stock Incentive Plan in 2024" (Announcement Number: 2024-079). The company completed the registration of restricted stocks granted under this incentive plan, and registered 8.13565 million restricted stocks to 116 eligible incentive targets. The listing date of the restricted stocks granted under this incentive plan is August 30, 2024.

7. On August 7, 2025, the company held the 21st meeting of the fifth board of directors and the 19th meeting of the fifth board of supervisors, and reviewed and approved the "Proposal on the Achievements of Lifting the Restriction Conditions for the First Restriction Period of the 2024 Restricted Stock Incentive Plan" and the "Proposal on Adjusting the Repurchase Price of the 2024 Restricted Stock Incentive Plan and Repurchasing and Cancelling Part of Restricted Stocks" and other proposals. The Remuneration and Assessment Committee of the Board of Directors and the Board of Supervisors issued verification opinions on relevant matters, and Jiangxi Huabang Law Firm issued relevant legal opinions. For details, please refer to the relevant announcement disclosed by the company on the GEM information disclosure website designated by the China Securities Regulatory Commission on August 9, 2025.

8. On August 27, 2025, the company completed the procedures for lifting the sales restrictions for 112 incentive targets who met the conditions for lifting the sales restrictions. A total of 3.849575 shares of restricted stocks were released during the first lifting period. This part of the restricted stocks will be listed and circulated on September 1, 2025. For details, please refer to the "Informative Announcement Regarding the Listing and Circulation of Unlocked Shares during the First Unlocking Period of the 2024 Restricted Stock Incentive Plan" disclosed by the company on cninfo.com (announcement number: 2025-056).

9. The company held the first extraordinary general meeting of shareholders in 2025 on August 26, 2025, and reviewed and approved the "Proposal on Adjusting the Repurchase Price of the 2024 Restricted Stock Incentive Plan and the Repurchase and Cancellation of Some Restricted Stocks" and other motions. It was agreed that the company would adjust the repurchase price and repurchase and cancel 313,250 restricted shares that have been granted to 31 incentive targets but have not yet been released from sales restrictions. The company has completed the repurchase and cancellation procedures on October 28, 2025. For details, please refer to the "Announcement on the Completion of the Repurchase and Cancellation of Part of the Restricted Stocks under the 2024 Restricted Stock Incentive Plan" disclosed by the company on the cninfo.com (Announcement Number: 2025-062).

10. On August 21, 2026, the company held the third meeting of the sixth board of directors and reviewed and approved the "Proposal on the Achievement of Unlocking the Restriction Conditions in the Second Lifting Period of the 2024 Restricted Stock Incentive Plan" and the "Proposal on Adjusting the Repurchase Price of the 2024 Restricted Stock Incentive Plan and Repurchasing and Cancelling Part of the Restricted Stocks" and other proposals. The Remuneration and Assessment Committee of the Board of Directors issued verification opinions on relevant matters, and Jiangxi Huabang Law Firm issued relevant legal opinions. For details, please refer to the relevant announcement disclosed by the company on the GEM information disclosure website designated by the China Securities Regulatory Commission on August 25, 2026.

2. Explanation of the achievement of lifting the sales restriction conditions during the second lifting period of this incentive plan

(1) The board of directors’ review of whether the conditions for lifting restrictions on restricted stocks have been met

On August 21, 2026, the company held the third meeting of the sixth board of directors, and reviewed and approved the "Proposal on the Achievement of Unlocking the Restriction Conditions in the Second Unlocking Period of the 2024 Restricted Stock Incentive Plan". According to the relevant provisions of the "Equity Incentive Management Measures for Listed Companies" and the "2024 Restricted Stock Incentive Plan (Revised Draft)" and the authorization of the company's first extraordinary shareholders' meeting in 2024, the board of directors believes that the company's 2024 The conditions for lifting the restrictions during the second unlocking period of the 2018 Restricted Stock Incentive Plan have been met. There are 110 incentive targets who meet the conditions for lifting the restrictions this time, and the number of restricted stocks that can be lifted is 3.801825 shares. It is agreed that the company will handle matters related to lifting the restrictions on the first type of restricted stocks for the incentive targets who meet the conditions for lifting the restrictions.

(2) Explanation that this incentive plan is about to enter the second lifting period

According to the provisions of this incentive plan, the second unlocking period shall commence from the date of completion of registration of restricted stock grant.

From the first trading day after 24 months to the last trading day within 36 months from the date of completion of registration of restricted stock grant

As of the trading date, the registration completion date for the grant of the first category of restricted stocks under this incentive plan is August 30, 2024.

Therefore, the first class of restricted stocks granted under this incentive plan will enter the second phase on August 31, 2026.

Except for the limited sale period.

(3) Explanation of the achievements of various conditions for lifting the sales restrictions during the second lifting period

According to the authorization of the company’s first extraordinary general meeting of shareholders in 2024 and in accordance with the relevant provisions of this incentive plan, the company

The Board of Directors of the Company believes that the conditions for lifting the sales restrictions during the second lifting period of this incentive plan have been met, and the explanation is as follows:

Conditions for lifting sales restrictions stipulated in the incentive plan Achievements

1. The company has not experienced any of the following situations:

(1) The financial accounting report for the most recent fiscal year is issued by a certified public accountant

Issue an audit report with a negative opinion or a disclaimer of opinion;

(2) The internal control over financial reporting in the most recent fiscal year has been approved by the registration committee

The company has not experienced any of the above-mentioned circumstances and is satisfied that the accountant has issued an audit report with a negative opinion or a disclaimer of opinion;

Lift restrictions on sales.

(3) In the last 36 months after listing, there has been any failure to comply with laws, regulations, and public regulations.

The company's articles of association and public commitment to profit distribution;

(4) Equity incentives are not allowed according to laws and regulations;

(5) Other circumstances determined by the China Securities Regulatory Commission.

2. The incentive objects do not have any of the following circumstances:

(1) Determined as an unsuitable candidate by the stock exchange within the last 12 months;

(2) Recognized by the China Securities Regulatory Commission and its dispatched agencies within the last 12 months

Be an unsuitable candidate;

(3) If the incentive targets of the China Securities Regulatory Commission due to major violations of laws and regulations in the past 12 months do not occur in the above-mentioned circumstances, they will be subject to administrative penalties or market ban measures by their dispatched agencies; and the conditions for lifting sales restrictions are met.

(4) Those who have the provisions of the "Company Law" are not allowed to serve as directors or senior officers of the company.

The situation of senior managers;

(5) Laws and regulations prohibit participation in equity incentives of listed companies;

(6) Other circumstances determined by the China Securities Regulatory Commission.

3. Company-level performance appraisal requirements: According to the "2024 Annual Report" issued by Daxin Accounting Firm (specially restricted general partnership)

performance appraisal objectives

Sales Period Annual Audit Report" (Daxin Shenzi [2025] The company needs to meet one of the following four conditions: No. 6-00016) and "2025

① Based on the operating income in 2023, the 2025 Audit Report" (Daxin Shenzi [2026] The second annual operating income growth rate is not less than 26.50%; No. 6-00035), the company's 2025

2025

Lifting restrictions ② Based on the net profit in 2023, the deduction attributable to shareholders of listed companies will be realized in 2025

Degree

During the sale period, the net profit growth rate shall not be less than 20.00%; unless the net profit from recurring profits and losses is ③The average operating income from 2024 to 2025 will be 241,656,400 yuan. Exclude share-based payments

In 2023, the operating income growth will not be less than 20.75% after deducting non-recurring losses after the impact of expenses; the net profit will be 253.2783 million yuan, ④ the average net profit from 2024 to 2025 will increase by 33.60% compared with 2023. The net profit growth in 2023 will be no less than 15.00%. Notes at the company level for the lifting of the sales restriction period: (1) The above-mentioned "operating income" is based on the company's audited consolidated statement value as performance that meets the conditions for lifting the sales restriction. Calculation basis;

(2) The above-mentioned "net profit" refers to the audited consolidated statements minus non-recurring losses.

The net profit attributable to shareholders of the listed company after profit and loss, excluding all shares of the company within the validity period

Data on the impact of share-based payment expenses involved in equity incentive plans and employee stock ownership plans are as

Calculation basis.

4. Individual level performance appraisal requirements:

The individual level assessment of incentive targets is based on the company's internal performance assessment.

implementation of relevant systems. The company determines the individual level of the incentive targets based on their assessment results.

The proportion of sales restrictions lifted. The performance appraisal results of incentive objects are divided into A, B, C,

There are four levels of incentive objects participating in the assessment: D. At that time, they will be based on the corresponding individual levels in the following assessment rating table.

There are 111 people in total. After assessment, 85 people have been released from restrictions. The current unlocking coefficient determines the actual number of shares that are unlocked for the incentive objects:

The sales restriction lifting coefficient at the individual level reaches the assessment result A B C D

1.0, the corresponding sales restriction lifting ratio is 100%; individual level sales restriction lifting coefficient (N) 1.0 0.9 0.8 0

The lifting of sales restrictions at the individual level for 26 people in the current period is based on the premise that the company's performance appraisal goals are achieved.

The number does not reach 1.0, and the current period does not meet the lifting deadline. The actual number of sales restrictions lifted = the number of individuals who plan to lift sales restrictions in the current period ×

The 116,000 shares subject to sales conditions will be lifted from the company level with a sales restriction factor (N).

Repurchase cancellation.

If the incentive target’s individual-level lifting coefficient for the current period does not reach 1.0,

Then the remaining shares in the current period that do not meet the conditions for lifting the trading restrictions shall not be lifted from the trading restrictions.

The company repurchases and cancels the repurchase price based on the sum of the repurchase price plus bank deposit interest for the same period.

The sale restriction can be deferred to the next period to be lifted.

In summary, the board of directors believes that the second lifting period of the company’s 2024 restricted stock incentive plan has been completed.

Except that the sales restriction conditions have been met, according to the provisions of the "2024 Restricted Stock Incentive Plan (Revised Draft)"

stipulations and the authorization given to the board of directors by the company’s first extraordinary general meeting of shareholders in 2024, agreeing that the company shall comply with relevant regulations

Handle matters regarding the release of restricted stocks for incentive targets who meet the conditions for release of restrictions.

After consideration and approval by the company's board of directors, the second release of the restricted stock incentive plan for 2024 will be processed.

During the period when the sales restrictions of future stocks are lifted, if any incentive target applies for resignation or other circumstances occur that prohibit the lifting of sales restrictions,

Then the restricted stocks that have been granted and have not yet been released from the restrictions shall not be released from the restrictions and will be repurchased and canceled by the company.

3. Specific circumstances under which restricted stocks can be lifted from sales this time

There are a total of 110 incentive targets who meet the conditions for lifting the sales restrictions this time, and the number of shares that can be lifted from the sales restrictions is

3.801825 million shares, accounting for 0.7282% of the company's total share capital of 522.084275 million shares on the date of this announcement. specific

As follows:

The restrictions granted can be lifted this time

This time the restriction can be lifted

The number of institutional stock shares to be sold accounts for 10% of the total number of shares granted

Name Position Restricted shares sold

Number of restricted stock shares with No. quantity (10,000 shares)

(10,000 shares) Proportion (%)

1. Directors and senior managers (6 people)

1 Mao Zhiping Director, President 68.5650 34.2825 50% 2 Le Zhenrong Note 3 Director (resigned) 30.00 15.00 50% 3 Liu Ming Director, Vice President, Secretary of the Board of Directors 30.00 15.00 50% 4 Wang Ganying Vice President 30.00 15.00 50% 5 Leng Lingli Vice President 30.00 15.00 50% 6 Liu Bingrong Vice President 30.00 15.00 50% Subtotal 218.5650 109.2825 50%

2. Other incentive targets (105 people)

1 Core technical (management/business) personnel 565.0000 270.9000 47.95%

Total 783.5650 380.1825 48.52% Note: 1. If there is any difference in the mantissa between the above total data and the sum of each detailed data, it is due to rounding.

2. The number of incentive objects in the above table has excluded the three original incentive objects who resigned due to personal reasons in the current period. The "number of restricted stocks granted" in the above table includes the total number of restricted stocks granted to a total of 111 incentive objects except the three incentive objects who have resigned; the "restricted stocks that can be unlocked this time" in the above table "Number of Tickets" does not include 1 person whose individual-level unlocking coefficient is 0 and other incentive targets whose personal-level unlocking coefficient is not 0 but less than 1.0. There are a total of 110 incentive targets who can actually obtain the unlocking of sales restrictions in this period, including a total of 104 core technical (management/business) personnel.

3. Mao Zhiping, Liu Ming, Wang Ganying, Leng Lingli, and Liu Bingrong are the company’s current directors or senior managers. Le Zhenrong is a director of the company’s fifth board of directors. He officially resigned on May 19, 2026 due to the general election. After he resigned as a director, he served as the special assistant to the chairman and other management positions in the company’s secondary subsidiary Chengdu Weilisheng Biotechnology Co., Ltd. After his resignation, he still needs to comply with the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange for share management. After the restricted stocks held by the above persons are lifted, they will be managed in accordance with the Company Law, Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 10 - Management of Share Changes and other relevant laws and regulations.

4. Verification opinions of the Remuneration and Appraisal Committee of the Board of Directors

The Remuneration and Appraisal Committee of the Board of Directors believes that: in accordance with the "Measures for the Administration of Equity Incentives for Listed Companies" and the relevant provisions of this incentive plan, the company-level performance assessment conditions required to lift the restrictions during the second lifting period of this incentive plan have been met, and the individual-level performance assessment has been carried out in accordance with the company's internal performance assessment. The relevant system is implemented, and neither the company nor the incentive objects have any circumstances that prohibit the lifting of sales restrictions as stipulated in this incentive plan. The number of restricted stocks that can be lifted by the incentive objects is consistent with their assessment results in the assessment year. The conditions for lifting the sales restrictions have been met. It is agreed that the company will follow the regulations to release the restricted stocks. A total of 3,801,825 shares of Class I restricted stocks for 110 incentive targets have been released from sale restrictions.

5. Concluding comments of the legal opinion

Lawyers from Jiangxi Huabang Law Firm believe that the necessary approval and authorization procedures have been completed for the achievement of lifting the conditions for the second lifting of sales restrictions during the second period of this incentive plan, and are in compliance with relevant laws and regulations such as the "Administration Measures" and the relevant provisions of the "Equity Incentive Plan". The unlocking conditions for the second unlocking period of this incentive plan have been met, and the incentive objects’ qualifications for unlocking are legal and valid. The company’s implementation of this unlocking during the unlocking period complies with the relevant laws and regulations such as the “Measures for the Administration of Equity Incentives for Listed Companies” and the relevant provisions of the “2024 Restricted Stock Incentive Plan (Revised Draft)”.

6. Documents for reference

1. Resolution of the third meeting of the sixth board of directors;

2. Resolution of the fourth meeting of the Board of Directors’ Remuneration and Assessment Committee in 2026;

3. "Legal Opinion of Jiangxi Huabang Law Firm on the achievements of the second lifting period of the restricted stock incentive plan of Jiangxi Sanxin Medical Technology Co., Ltd. in 2024, the repurchase price adjustment and the repurchase and cancellation of some restricted stocks."

Announcement hereby

Board of Directors of Jiangxi Sanxin Medical Technology Co., Ltd.

August 25, 2026