Subsidiary Xiamen Canxin Industrial Announces Asset Impairment - StarNet Announcement

Release Date: July 15, 2026 Statement Date: July 14, 2026 Statement Time: 17:52:50 Company Code: 4930 Company Name: StarNet

Subject: Announcement on behalf of subsidiary regarding Xiamen Canxin Industrial Co., Ltd.'s asset impairment disclosure Applicable Clause: Item 51 Event Date: July 14, 2026

Details: 1. Event Date: July 14, 2026 2. Company Name: Xiamen Canxin Industrial Co., Ltd. 3. Relationship with Company (enter '本公司' or 'Subsidiary'): Subsidiary 4. Cross-shareholding Ratio: 42.9% 5. Reason for Occurrence: In accordance with IAS 36 'Impairment of Assets', the subsidiary has recognized impairment losses on accounts receivable, inventory, and fixed assets totaling RMB 2.8678 million during its 2026 mid-year assessment. 6. Response Measures: None 7. Other Matters to be Disclosed (if the entity involved is a publicly listed company or above, this material information also meets Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act, concerning matters significantly affecting shareholders' equity or securities prices): (1) This asset impairment does not involve actual cash outflow and has no impact on the company's operating funds or cash flow. (2) The figures are self-calculated by the company and have not yet been audited by accountants.