2024

Sustainability Repo

Shenzhen Sunline Tech Co., Ltd.

th

April 2025

CONTENTS

Stock code300348

Company IntroductionMain Products and BusinessCorporate CultureCorporate Honors

About This RepoChairman's AddressCompany Oveiew

04Sustainability ManagementESG Governance SystemStakeholder EngagementMateriality Identication and Analysis05Corporate GovernanceCorporate Governance Structure and Governance Status

Investor Rights ProtectionLegal and Regulato Compliance

06Social Responsibility

Seing Clients and Paners CollaborationEmployee CareSocial Welfare

07Environmental Protection08Appendix

About This Repo

Shenzhen Sunline Tech Co., Ltd. ("the Company" "Sunline" or "we") hereby releases the 2024 Sus-tainability Repo ("this Repo"), which elaborates on the Company's sustainability philosophy, poli-cies, and practices in environmental protection, social responsibility, and corporate governance in2024. This Repo aims to address the expectations and concerns of stakeholders regarding theCompany's sustainability management and peormance.

2024 Sustainability Repo

Shenzhen Sunline Tech Co., Ltd. |

Investors and stakeholders can access and download this Repo from:

? The Company's ocial website: https://www.sunline.cn/? The China Securities Regulato Commission’s designated information disclosure platform(CNINFO): https://www.cninfo.com.cn/

? Organizational Scope: Unless otherwise specied, it is consistent with the scope disclosed inthe Company's 2024 Annual Repo.

? Repoing Period: Janua 1, 2024, to December 31, 2024.

Repo Scope

Repo Preparation BasisThis Repo has been prepared in accordance with the following regulations and guidelines:

? Guidelines for Self-Regulation of Listed Companies No. 2 – Standard Operation of GEM Listed

Companies (Revised December 2023)? Guidelines for Self-Regulation of Listed Companies No. 4 – Indust Information Disclosure ofGEM Listed Companies (Revised 2023)? GEM Listing Rules (Revised 2024)? Guidelines for Self-Regulation of Listed Companies No. 17 – Sustainability Repo (Trial)Additionally, this Repo references materiality disclosure topics for the software seices industas outlined in the MSCI ESG Ratings framework, while integrating Sunline’s specic operational andsustainability context.

Unless otherwise specied, the operational data cited in this Repo is sourced from the Company'speriodic repos, nancial repos, and other publicly available documents. Additional data isobtained from internal records, and all moneta gures are in renminbi (RMB).This Repo is published in both Simplied Chinese and English. In the event of any discrepanciesbetween the two versions, the Simplied Chinese version shall prevail.

Repo Data Description

Repo Access

Contact InformationBoard Oce of Shenzhen Sunline Tech Co., Ltd.Address: F/5, Building 2-A, Zone I, Shenzhen Bay Technology & Ecological Park, West ShaheRoad, Nanshan District, Shenzhen, ChinaPhone: 0755-86168118-828Email: invest@sunline.cn

Chairman's Address

——Chairman of the Board2024 Sustainability Repo

Shenzhen Sunline Tech Co., Ltd. |

While foundational AI and digital technologies command thespotlight today, we believe the next transformative leap willcome from application-level breakthroughs—real, tangibleinnovations that reshape daily life and indust. With morethan two decades of deep expeise in digital banking appli-cations, Sunline holds strategic advantages in philosophy,technology, and market readiness. Seizing this oppounitywill elevate us to new heights.The rise of DeepSeek has deeply inspired us. It arms thatwith perseverance, clear values, and continuous innovation,even small companies can achieve greatness—a poweulreminder of what is possible.In this new era of intelligent, platform-based ecosystems,success hinges on deeply integrated platforms that unifycomputing, data, and AI. We are advancing resolutely in thisdirection.We also believe China possesses unique strengths to leadthe coming global transformation—from its extensivemarket experience to technological depth, talent base, andspirit of innovation. Our next mission is clear: to globalize,broaden our vision, and tell the sto of Chinese technolo-gy—through Sunline. Strategic Adjustments Bearing Fruit

To rise to future challenges and seize emerging oppouni-ties, we launched several transformative initiatives in 2024:

?We rearmed our “application-rst” strategy, acceleratingthe integration of product lines to form an end-to-end,closed-loop digital nance solution. New integrated oer-ings like DataMind and SmaRT have already launched, withmore to come in 2025.?We established a unied platform framework based onour Taishan Open Application Framework, comprisingAPStack (cloud-native platform), AIStack (AI productivityplatform), and DStack (integrated digital intelligenceplatform). Our aim is full product migration to this uniedstructure—enabling cloud deployment and eventualthird-pay openness.?We rearmed our ‘Local is Global’ strategic doctrine,which centers on expoing China’s ntech DNA to the world.Our core products have been embraced by top-tier interna-tional clients, proving that Chinese-developed solutions canthrive on the world stage. We are now committed to anintegrated domestic and global development path.

2024 in Review: Resilient GrowthThrough the CycleLooking back, we achieved strategic breakthroughs across threekey dimensions:

Strengthened FundamentalsWhile revenue and net prot were impacted by timing dierencesin revenue recognition, our core indicators reected strongmomentum, reversing the sluggish trend driven by macroeconomicheadwinds:

?Contract value reached RMB 2.29 billion, up 16% year-on-year,maintaining double-digit growth for a second consecutive year.?Operating cash ow exceeded RMB 122 million, remainingabove RMB 100 million for two straight years and signicantlyimproving our nancial self-suciency.?Year-end invento surged to nearly RMB 700 million, a 73%year-on-year increase, establishing a robust pipeline for futuregrowth.?Overseas business recorded a historic breakthrough, including asingle contract exceeding RMB 330 million. As a result, overseascontract contribution rose from 6% to 20%.These milestones underscore Sunline’s resilience and adaptabilityin navigating economic cycles. The winter is behind us—spring isnear. Our project momentum, strategic positioning, and capitalresees have laid a strong foundation for the next stage of growth. Sharpened Strategic FocusWe are more convinced than ever that digitalization and intelli-gence are the unstoppable tides of our time. Breakthroughs in AIare accelerating the digital transformation of society, while digitali-zation, in turn, fuels the advancement of AI—together forming aself-reinforcing value acceleration loop that underpins the next eraof technological and societal evolution.

The year 2024 was marked by immensechallenges—and by extraordinaresilience. In the face of adversity, westood shoulder to shoulder, ndingstrength and hope together. This yearalso represents a dening chapter inSunline’s journey. On behalf of theBoard of Directors, I extend my sinceregratitude to our dedicated employeesand to all our investors for your unwav-ering trust and suppo.

Looking AheadIn this era of rapid change, our guiding beliefendures: to create value through technology, andto earn trust through seice. Our condence inthe future rests on three convictions:

Condence in Our GovernanceThough publicly listed for 13 years, our strategicdirection remains rmly in the hands of “Sunlin-ers”—those who know the company best andcare most deeply about its long-term future. Thisresilient, adaptive governance model provideslasting institutional strength. Condence in Our PathWe are more ceain than ever: we are enteringan Application-Driven Value Creation Era, wherethe true impact of digitalization and intelligencewill be realized through real-world applications.For more than two decades, we have pursuedapplied innovation with proprieta IP and a spiritof originality. Staying true to this path will lead usever forward.

Condence in Our Culture

Our foundation rests on two cultural pillars. First,long-termism—we plan and invest not forsho-term gains, but for sustainable, lastingsuccess. Second, a people-rst ethos—we standby eveone who chooses to grow and ghtalongside Sunline. These values will continue toguide our journey.The progress we’ve made is built on your dedica-tion and trust. The future we envision dependson our unity and shared ambition. The futurebelongs to the steadfast.Let us move forward—together, with courageand conviction—toward the vast horizon that liesahead for Sunline.

Company Oveiew

Sunline is a global leader in ntech solutions and seices. Since its inception in 2002, Sunline has been atthe forefront of innovation, delivering comprehensive end-to-end solutions across core banking, nancialmanagement, and advanced data platforms. Leveraging cutting-edge cloud-native technologies such ascontainerization, micro-seices, and distributed architectures, Sunline provides high-peormance, scalabletailored solutions to meet the evolving needs of nancial institutions.With a proven track record in AI-powered modelling methodologies, Sunline redenes development e-ciency and enables seamless digital transformation through automated processes, digitized applications,and agile delive models. We empower nancial institutions to optimize their operations, enhance customerexperiences, and adapt to the dynamic nancial landscape.Drawing on extensive experience from China’s nancial sector and global market insights, Sunline hashelped diverse nancial institutions worldwide. By fostering collaborative ecosystems with clients and pa-ners, Sunline is committed to driving operational excellence and strengthen global competitiveness in thentech indust. Our dedication to collaboration and innovation positions us as a trusted paner for nan-cial institutions striving to thrive in the digital age.

2024 Sustainability Repo

Shenzhen Sunline Tech Co., Ltd. |

Company Introduction

Basic Information

? Embracing AI as the core driver of productivity innovation, Sunline continuouslyintegrates new technological advancements to enhance eciency.

? Strengthening competitive barriers in domestic markets while delivering greater

value-added products and seices to clients.

? Expanding overseas with a long-term strategic vision, showcasing the strength of

Chinese nancial technology on a global scale.

2024Strategic Direction

Seing Over 800

Financial Clients

With an extensive pofolioexceeding 800 nancial sectorclients, our client base includes:

Banks,Securities rms, Fundmanagement institutions,Othernancial entitiesNotable clients include:

Postal Savings Bank of China,Bank of Communications,Bank ofChina,Industrial and CommercialBank of ChinaOur overall market coverage ratestands at 84%.

Indust Leadership

Sunline stands at theforefront of China’sntech solutions indust,excelling in:

? Core business systems? Digital nance? Big data analytics? General ledger

solutions? Intelligent nancialmanagement

A Pioneer in theFintech IndustSunline employs 7,000+professionals, with over90% specializing intechnical elds Our 10subsidia companiesprovide comprehensiveseices, reinforcing ourposition as the industleader with the mostextensive and sophisticat-ed product pofolio.

Over Two Decades of

Indust Leadership

Since our inception in 2002,we have diligently pursuedour mission:

"Pioneering InnovativeFinancial Technology, Enrich-ing Interconnected LivingExperiences."Our sustained success isrooted in a steadfast commit-ment to professionalism,innovation, and practicalexcellence.

Key Delive Centers

Strategically positionedacross diverse regionsin China, our delivecenters ensure ecient,high-quality projectexecution and on-timeimplementation.

Prominent Research andDevelopment (R&D) Centers

Sunline's R&D centers, located inShenzhen, Guangzhou, Nanjing,and Changsha, drive continuoustechnological innovation andbusiness advancements,ensuring the development ofsophisticated and market-readysolutions.

Dedicated Delive Team5000+Our expe delive teamconsists of highly skilledproject implementationspecialists and ceiedprofessionals, dedicatedto delivering excellenceacross the region.

Project Completions15000+Leveraging extensivehands-on experience,Sunline has built a robustsuppo system withstandardized procedures,leading to over 50 industaccolades and a proventrack record of success.

Shenzhen Sunline Tech Co., Ltd. |

Development Histo

Establishing a StrongFoundation

Pioneering New Frontiers

Expanding Business Across China’s Financial SectorBroader Expansion into State-Owned Banks

Panered with leading Chinese national banks, including:

Accelerating the Development of a Digital Finance Ecosystem

Panering with leading Chinese software and hardware providers

Advancing a High-Quality Business Development Strategy

Enhancing Core Products and Solutions Through Innovation

?First to implement independent and controllable

application seers in joint-stock banks’ core businesssystems?First to deploy VAT reform solutions and intelligent

nancial management in joint-stock banks

Embarking on New Horizons withthe Joint-Stock Banks

?Merged with Hadoop and established a data

business subsidia

?Expanded into emerging areas such as digitalnance

Expanding into New Technology Domains

Breaking New Ground:

Indust Firsts in Innovation?First distributed core business system in China?First Chinese core banking system successfully replac-ing a global core banking system overseas

?First to develop a national database core bankingsystem in China?First to introduce the transaction-level general ledgermodel

?Actively expanded into international markets?First to introduce intelligent nancial solutions to aglobal audienceGlobal Outreach: A Journey Beyond Borders

Targeted Expansion in Small andMedium-Sized Banking Institutions

Milestone Achievement: Public Listing?Listed on the Growth Enterprise Market(GEM) of the Shenzhen Stock Exchange?Became the rst publicly listed nancialtechnology company on GEM in ChinaStock code: 300348

?SunLTTS Series Core Business System – Acutting-edge solution for banking institutions?SunCard Credit Card Business System –Revolutionizing credit card operations?Comprehensive Credit Management System– Covering the entire credit lifecycle

2002-2012

2013-2019

Present

Company Oveiew - Company Introduction

2020-

Launched one-stop nancialconsulting seicesDened a strategic direction fornancial seices subsidiaries

Developed thenext-generation bulkcredit managementsystemFirst to introduce a microser-vices-based, unitized corebusiness system in the region

Established an integrated bigdata platform combining streamprocessing and batch process-ing

Innovative Core Business Solutions

?Seed 100+ nancial institutions?Successfully delivered 1,000+ projects for

large and medium-sized enterprises?Built leading-edge, autonomous, andscalable research & development (R&D)capabilities

?Industrial and Commercial Bank of China?And many more?Postal Savings Bank of China?Bank of Communications?Bank of China

Shenzhen Sunline Tech Co., Ltd. |

Company Oveiew - Main Products and Business

Main Products and Business

With the rapid development of China's soft-ware indust, the deep integration ofnext-generation information technology andnancial indust business innovation hasbecome a dening trend.In Janua 2022, the People's Bank of Chinaissued the "Financial Technology DevelopmentPlan (2022-2025)," emphasizing the impor-tance of deepening digital nancial applica-tions, optimizing the balance between securityand eciency, expanding open innovation,and overcoming the "last mile" of technologicaltransformation.In 2023, the China Academy of Informationand Communications Technology released the"China Financial Technology Ecosystem WhitePaper (2023)," highlighting ntech’s critical rolein the structural reform and digital transforma-tion of the nancial sector. National policyframeworks and top-level designs have posi-tioned ntech as a strategic priority, pavingthe way for extensive indust growth and in-novation.The increasing signicance of digital transfor-mation has presented new oppounities innancial technology, with data assets emerg-

This catego includes core banking systems, credit and internet nancial products, credit card businesssolutions, banking channels, business middleware, and distributed technology platforms.Sunline has maintained a leading position in China's core banking systems, oering a next-generationcore banking system that integrates modern business architecture with advanced technical frameworks.Key Features:

? Comprehensive business capabilities: Suppos multi-entity structures, an advanced nancial product

facto, and exible pricing strategies? Customer-centric approach: Enables rapid product innovation and quick adaptation to marketchanges? Secure, scalable, and agile architecture: Built on an enterprise-level distributed technology platform

with microseices + unitized architecture

? High eciency and cost-eectiveness: Ensures low cost, high availability, and rapid deployment? Robust development and maintenance: Oers agile development tools and enhanced operation con-trolThese solutions empower banks to achieve rapid digital transformation and maintain a competitiveedge in the evolving nancial landscape.

Digital Financial Business Solutions

Sunline has extensive experience in nancial big data applications, oering comprehensive data solu-tions that span consulting, planning, implementation, and management.Key Areas:

? Data Foundation: Infrastructure and database management? Data Seices: Seamless integration and interoperability? Data Applications: Business intelligence and analytics? Data Asset Management: Monetization and governance solutionsThese solutions form a closed-loop data value ecosystem, enabling nancial institutions to maximizedata-driven decision-making.

Big Data Application System Solutions

With decades of expeise in nancial technology, Sunline has developed indust-leading nancialtransformation solutions to optimize enterprise nance management.Key Capabilities:

? Strategic Financial Management: Indust-nance integration? Comprehensive Digital Solutions: Covering budgeting, cost management, accounting, assessment,and business analytics? Value-Driven Management: Enables enhanced business eciency and operational insightsThese end-to-end nancial management tools empower institutions to enhance peormance evalua-tion, strategic decision-making, and nancial control.

Full Financial Value Chain Management Solutions

ing as key assets for nancial institutions. Si-multaneously, the global expansion of Chinesentech companies has surged, becoming animpoant trend.Sunline is a leading nancial IT solutions pro-vider in China, specializing in seing bankingclients. Leveraging independent core technol-ogies and integrating big data, aicial intelli-gence, and blockchain, Sunline delivers cut-ting-edge security solutions, nancial consult-ing, ntech products, and full-stack solutionsin digital nance, sma nance, and intelligentnancial ecosystems, meeting the diverse digi-tal transformation needs of nancial institu-tions.Product CategoriesSunline’s products are categorized into fourprima areas:

Shenzhen Sunline Tech Co., Ltd. |

Overseas Business and Global Expansion

Pioneering Global Expansion2016-2020

New Strategies and Growth2021-Present

Company Oveiew - Main Products and Business

Sunline has been a pioneer in international ntech expansion, becomingthe rst Chinese ntech company to secure overseas contracts.

Established Sunline Holdings in Hong Kong, launching global operations?Founded Sunline International in Malaysia, marking ent into Southeast AsiaExpanded into Indonesia, Thailand, and Singapore?Secured CIMB Vietnam as a strategic panerExpanded banking initiatives across Vietnam and ThailandWon core banking projects for Hong Kong’s rst viual banks?Strengthened presence in Indonesia, Thailand, and MalaysiaDeveloped "Sabah Pay" for Sabah Credit Corporation (SCC) in Malaysia?Panered with Bank Neo Commerce (BNC) in Indonesia?Launched Kept by Krungsri Bank in Thailand

2016

2017

20182019

2020

?Signed a $49.6 million contract with SCB, the largest core banking system

replacement in Sunline’s histo?Secured Malaysia KIBB’s rst overseas data lake project?Won SCB’s largest-ever core banking system project?Achieved record-breaking international contracts in the billion-dollar range?Completed a core banking system deployment in the Philippines in just 35 days?Strengthened Southeast Asian market leadership, covering top banks in ve

countries?Led in digital core banking, foreign exchange, and lending?Drove cloud computing and open banking innovations?Secured projects with Hong Kong CNCBI, Malaysia SCC, Shanghai Pudong ?De-velopment Bank (Hong Kong), and Thailand’s Siam Commercial Bank (SCB)

?Launched digital banking projects for OCBC Singapore, OCBC Hong Kong, andBNC Indonesia?Developed a digital lending system based on Huawei Cloud for top-tier Thaibanks

?Enhanced BNC’s customer data processing, improving scalability from millions tobillions?Expanded into credit card core systems and general ledger solutions

20242023

2021

2022

Shenzhen Sunline Tech Co., Ltd. |

Company Oveiew - Main Products and Business

Market Leadership inChina's Banking IT Solutions

Core Business:

Intelligent Data SolutionsTOP3

Digital FinanceTOP5Compliance Risk ManagementTOP5

Characteristics of Future Banks:

? Business Modernization: Enhanced operationaleciency and seice models.? Architecture Modernization: Adoption of exible,scalable, and cloud-native architectures.? Application Modernization: Integration of AI, big

data, and automation for seamless operations.

? Technology Modernization: Emphasis on security,compliance, and advanced digital capabilities.Future Banking Needs:

? Anytime, Anywhere: Seamless nancial seicesacross all touchpoints.? Personalized Experiences: Understanding and an-ticipating customer needs.

? Customization and Scalable Innovation: Flexible

solutions that adapt to evolving demands.

? Security and Reliability: Robust risk managementand cybersecurity frameworks.? Green Responsibility: Sustainable and environ-mentally conscious nancial practices.Transformation of Vendor Roles:

? From Single-Point Builders to Strategic Architects:

Shaping holistic digital ecosystems.

? From Function Deliverers to Capability Enablers:

Empowering nancial institutions with future-readytools.From Passive Suppoers to Active Value Co-Cre-ators: Driving innovation in collaboration with clients.

Market Trend Obseations and Future Development Directions

? Awarded the rst Kunpeng Native Development Cei-cation in China's nancial indust.

? "Kunpeng Native APStack Platform" won the "MostScalable Case of Financial Technology Innovation Appli-cation" at the 4th "Jin Xintong" Financial TechnologyInnovation Application Awards.

? The Transaction General Ledger System received the

"Golden Ding Product Award" at the "Dingxin Cup" com-petition for three consecutive sessions.

? The "Distributed Bank Core Business System" received

the "2023 Powered by Kunpeng Selected Solution BestApplication Software Award."

? The "Distributed Bank Core System Solution" was rec-ognized in the "Xin Zhi Award – 6th Financial Data Intelli-gence Excellent Solution Selection" as one of the Top 10Expe-Recommended Solutions.? Jointly released the next-generation overseas bankdistributed core solution, SunCBS, in collaboration withHuawei.

Signicant Achievements in Business

Market Trend ObseationsCompany Future Development Directions

? Secured over 70% of

project tenders in the market.? Accumulated assets exceed-ing300 billion RMB in the

past ve years, capturing over85% of banking oppouni-ties.

? Leading in Core BusinessSystem production and imple-mentation.Indust Rankings:

Business Transformation:

? Mobile and Ecosystem-Driven Channel Ser-vices: Enhancing customer interaction and en-gagement.? Digitalization of Core Financial Operations:

Streamlining traditional processes for eciency.

? Intelligent Business Management: Leveraging

AI and automation for decision-making.? Capitalization of Data Management: Unlock-ing value from nancial data assets.

? Agility in Technology and Security: Ensuringadaptability while maintaining robust securityframeworks.Digital Ecosystem Development:

? Financial Institutions: Encompassing nance,pan-nance, and overseas nance sectors.? Localization Panerships: Strengthening col-laboration with regional players.

? Technology Companies: Integrating cut-ting-edge solutions from indust leaders.Three Pillars of Future Growth:

? Full-Stack Leadership: Delivering end-to-endnancial technology solutions.? Comprehensive Seices and Solutions: Ad-dressing diverse client needs with tailored oer-ings.? Excellence in Delive and Product Innovation:

Maintaining indust-leading quality and innova-tion standards.

Shenzhen Sunline Tech Co., Ltd. |

Company Oveiew - Corporate Culture

Corporate Culture Structure

Leading FinancialTechnology. Enriching the inter-connected way of life.

Mission

Become the top global nancialtechnology provider.

Vision

Behavioral Requirements

Three Core ValuesEmployee - Sharing results among employees.Team - Sharing responsibilities among team members.Customer - Sharing successes with customers.Fostering a culture of shared responsibility andgrowth at both the company and individual levels.

Corporate Culture

Sunline’s core values form the foundation of its corporate philosophy. They permeate eveaspect of the company— from internal systems and processes to team collaboration andemployee conduct. At the hea of Sunline's values lies a deep commitment to its people, withemployees placed at the forefront. Employee sharing ranks as the top priority, followed byteam collaboration, ultimately leading to mutual success with customers and the sustainabledevelopment of the company.

Core Values

Employee SharingResults among Employees

Customer SharingSuccesses with CustomersTeam Sharing Responsibilitiesamong Team Members

Core Values

Shenzhen Sunline Tech Co., Ltd. |

Company Oveiew - Corporate Culture

Team Sharing Responsibilitiesamong Team Members

Customer SharingSuccesses with Customers

Sunline is built on a culture of shared success. From itsinception, the founding team envisioned an employ-ee-shareholding model, ensuring that all employees areactive stakeholders in the company’s growth.

Sunline ensures thatemployees' contribu-tions are recognized andrewarded fairly. Valuecreation is directly linkedto returns, allowingemployees to share inthe company’s success.Accountability is key—employees andmanagement worktogether to navigatechallenges, ensuringthat growth is mutual.

Benet Sharing

Eve employee is a stakeholderin the platform. Sunline createsoppounities for employeedevelopment by sharingplatform resources, experiences,and growth oppounities,including but not limited tocareer development, knowledgeand skill accumulation, sharing ofbest practices, and access tovarious training resources. Thisfosters mutual growth for bothemployees and the company.

Platform Sharing

Sunline upholds honesty,transparency, and open-ness. There is no tolerancefor falsehoods orwithholding information,ensuring that informationis shared openly andtransparently.

Information Sharing

Employee Sharing Resultsamong Employees

Unity is more impoant than “truth”. We should be open-minded to listen others'opinions. Being pragmatic is helpful to solve the problem. There is nothing that isabsolute right or wrong. Most impoantly, we should unite to make things happen.Sunline is a project-based company. We work as a project team. To accomplish projectgoals, a project team emphasizes pragmatism, sharing, collaborating, and overcomingdiculties together.

Customer-oriented, creating value for customers while reecting our value.The relationship between Sunline and its customers is mutually benecial and win-win.We insist customer-orientation strategy and focus on customers' needs, challenges andpressures. We continue to make innovations and create value for customers.Customer win-win is our strategy. We take customer win-win as the basis to achieve thecommon development of customers and the Company and to ultimately achieve ahaest that can benet stas and the platform.

Shenzhen Sunline Tech Co., Ltd. |

Indust Contributions andStandardization Leadership

Recognitions from Indust,Media, Association and Paners

1.Indust Leadership

in Financial Technology

Corporate Honors

Company Oveiew - Corporate Honors

? Top 50 Fintech Companies in China – Recognized by CB Insights.? Sole China Financial Technology Solutions Provider featured in IDC Financial Insights' repo:

IDC Perspective: Pioneering Core Modernization in the Asia-Pacic Banking Sector.? Recognized as "The Leading IT Solutions Provider in the China Banking Sector" in IDC’sIndust Repo.? Consistent Presence in IDC’s Prestigious Global Fintech Top 100 List.

? Designated Key Software Enterprise in National Planning Layout.? Integral Enterprise in the National Torch Program Software Indust Base.? Outstanding Enterprise in "Belt and Road" Projects in the Electronic and Information Indust.? Top 10 Information Technology Seices Leaders in China’s Financial Indust.? Included in the Top 100 Enterprises for Comprehensive Competitiveness in China Software andInformation Technology Seices.? Recognized as an Integrity Demonstrative Enterprise in China.? 2024 Forbes China Fintech Inuence Enterprise TOP 50.? Excellent Practice Award of Kunpeng Native Development (2024).? Global Deep Cloud "Noh Star" Award (2024).? 2023 Shenzhen’s Top Indust Recommended Software.? Huawei's Outstanding Indust Solution Paner (2023).? Best Practice Award in Tencent Cloud Key Application Development Localization.? Alibaba Cloud Annual Indust Cultivation Award (2023).

? White Paper on Modern Financial Core Systems: Practical Applications.? Measurement Model for the Modernization Level of Bank Core Systems.? Guidelines for the Construction of Data Asset Management Systems.? Terminology and Denitions for Data Assets.? Development Repo (White Paper) on Financial Data Warehousing.? Research Repo on Privacy-Preseing Financial Applications Based on Consoium BlockchainTechnology.? Specication for Quantitative Assessment of Data Capabilities in the Financial Indust.? Reference Model for Evaluating the Maturity of AI Seice Capabilities in Information Technology.? Guidelines for Data Security Classication in Financial Data Security.? Technical Requirements for Data Indicator Platforms.

Sustainability Management

In 2024, Sunline took signicant steps to enhance its governance structure, aligning with its strategic develop-ment goals and reinforcing its Environmental, Social, and Governance (ESG) management framework. Keyimprovements include:

Supeision LevelSunline’s Board of Directors renamed the Strategic Committee to the Strategic and ESG Committee, broadeningits scope to oversee ESG-related matters. This committee is responsible for:

? Developing ESG strategies, goals, and policies.? Reviewing ESG repos and providing recommendations to the Board.? Supeising and evaluating ESG implementation, oering timely guidance to ensure alignment with bestpractices.Institutional LevelTo formalize ESG governance, Sunline introduced and disclosed the Strategic and ESG Committee Work Rules.These guidelines:

? Standardize ESG-related institutional processes.? Ensure compliance with ESG principles across corporate operations.? Identify areas for improvement, fostering continuous enhancement of ESG initiatives.Execution LevelThe Board Secreta's Oce sees as the daily operational hub of the Strategic and ESG Committee, responsi-ble for:

? Coordinating daily ESG activities and communications.? Organizing committee meetings and preparing decision-making materials.? Compiling the annual ESG repo, ensuring transparency and accountability.Sunline remains committed to integrating ESG principles into its corporate strategy, reinforcing sustainabledevelopment, and driving long-term value for stakeholders.

2024 Sustainability Repo

Shenzhen Sunline Tech Co., Ltd. |

Sunline values open and transparent communication with its stakeholders, ensuring that their expectationsand key concerns are fully integrated into the company’s sustainability strategy. By maintaining activeengagement with shareholders, investors, regulato authorities, employees, suppliers, paners, and thewider community, Sunline is committed to mutual growth and long-term sustainable development.

ESG Governance System

Stakeholder Engagement

StakeholderGroups

Governmentsand Regulators

Engagement ChannelsKey Concerns

Paners

Customers

Employees

Shareholdersand Investors

Alignment with National StrategiesCompliance ManagementTechnology Empowerment

Public andCommunity

Ensuring Steady Financial ReturnsStrengthening Corporate GovernanceCompliance and Risk Management

Suppo Social WelfareBusiness ComplianceBusiness Ethics

Product and Seice QualityPrivacy and Data Security

Employee Rights ProtectionEmployee Career DevelopmentTalent Attraction and Retention

Corporate Information Disclosure,Company Website, WeChat OcialAccount, etc.Shareholders’ Meetings

Community ActivitiesCorporate Information Disclosure

Cooperation and Exchange

Strengthen Quality Management

Employee TrainingTeam Building ActivitiesEmployee Care

Corporate Information Disclosure,Company Website, WeChat OcialAccount, etc.Transparent and Timely Disclosures

Regular Repoing

Sunline remains dedicated to fostering strong, collaborative relationships with all stakeholders, ensuring thattheir concerns are addressed and their interests are aligned with the company’s long-term sustainabilitygoals.

Implement Energy Saving andEmission Reduction Measures

Establish Communication andComplaint Channels

Shenzhen Sunline Tech Co., Ltd. |

Sustainability Management - Materiality Identication and Analysis

Materiality Identication and AnalysisMateriality Issue Analysis

3.2 Main Products and Business

5.3 Legal and Regulato Compliance

6.3 Social Welfare

5.3 Legal and Regulato Compliance

During the repoing period, Sunline conducted a materiality assessment, identifying 16 material issues forthe Company and its stakeholders based on its business operations and indust characteristics, combinedwith the information disclosure requirements of the exchange, regulato and indust requirements, andthe focus of ESG ratings.

UnderstandingCompanyBackground

Validating andRepoingKey Issues

Assessing andPrioritizing IssueImpoance

Developing anIssue Invento

Materiality Analysis Process

Materiality Issue Matrix

2024 Materiality Matrix of Sunline

Signicance of Economic,Social and Environmental Impacts

7、10

6、13

1516

Relevance to Sunline's Finance PeormanceLowHigh

High

Medium-HighPriority Issues

High Priority Issues

?Assess the Company’s business operations, value chain, and external environment within thenancial software and IT seices indust.?Identify key stakeholder groups aected by the Company’s activities and engage them tounderstand their expectations and concerns.

?Align with the SZSE Self-Regulato Guidelines for Listed Companies No. 17 – SustainabilityRepos (Trial) (the Guidelines), national macroeconomic policies, and indust regulations.?Conduct peer benchmarking and incorporate stakeholder feedback.?Create an initial pool of 21 sustainability issues from the Guidelines and MSCI ESG Ratings’key disclosure points for the software seices indust.

?Screen and nalize 16 sustainability issues most relevant to the Company.?Engage stakeholder groups and internal/external expes to conduct quantitative analysis ofimpact signicance and nancial materiality.

?Evaluate specic impacts, risks, oppounities, likelihood, and severity to assign scores anddetermine priority rankings.?Develop a Materiality Matrix to visualize the prioritization of sustainability issues.?Submit the matrix for review and approval by the Board of Directors.?Highlight key high-priority issues for 2024 in the sustainability repo.

StakeholderGroupsGovernmentsand Regulators

Key Concerns

Paners

Customers

Employees

Shareholdersand Investors

Alignment with National StrategiesCompliance Management

Public andCommunity

Ensuring Steady Financial ReturnsStrengthening Corporate Governance

Suppo Social Welfare

Business Compliance

Product and Seice QualityPrivacy and Data Security

Compliance and Risk ManagementTransparent and Timely DisclosuresEmployee Rights ProtectionEmployee Career DevelopmentTalent Attraction and Retention

Implement Energy Saving andEmission Reduction Measures

7.1 Energy Conseation and

Emission Reduction

6.1 Seing Clients and Paners

Collaboration

6.1 Seing Clients and Paners

Collaboration

5.3 Legal and Regulato Compliance

5.3 Legal and Regulato Compliance

5.2 Investor Rights Protection

5.1 Corporate Governance Structure

and Governance Status

5.3 Legal and Regulato Compliance

5.2 Investor Rights Protection

6.2 Employee Care

6.2 Employee Care

6.2 Employee Care

6.1 Seing Clients and Paners

Collaboration

Corresponding Sections

Technology Empowerment

Business Ethics

Corporate Governance

Sunline strictly complies with the "Company Law of the People's Republic of China" (the "Company Law"), "Securi-ties Law of the People's Republic of China" (the "Securities Law"), "Corporate Governance Guidelines for ListedCompanies," "GEM Listing Rules of Shenzhen Stock Exchange" (the "Listing Rules"), "Guidelines for Self-Regulationof Listed Companies No. 2—Standard Operation of GEM Listed Companies" (the "Standard Operation Guidelinesfor Listed Companies"), and other laws, regulations, normative documents, and relevant provisions of regulatoauthorities, as well as the requirements of the "Aicles of Association," to establish and improve the internal man-agement and control systems, promote the standardize operation, and ensure the ecient operation of the Com-pany.Sunline has implemented a Three-Tier Corporate Governance System, comprising the Shareholders' Meeting, theBoard of Directors, the Supeiso Board, and the Executive Management Committee under the leadership of theBoard of Directors.To strengthen governance and oversight, the Board of Directors has established four specialized committees:

Audit Committee, Remuneration and Appraisal Committee, Nomination Committee, Strategy and ESG Committee.Additionally, Sunline has implemented a special meeting mechanism for independent directors, ensuring theyactively fulll their duties in accordance with the Aicles of Association and internal governance policies. Thesecommittees and independent directors provide expe opinions and recommendations to suppo the Board ininformed and strategic decision-making.This structured governance framework, with well-dened responsibilities, transparent decision-making process-es, and coordinated operations, continues to enhance corporate transparency, compliance, and long-termsustainability.2024 Sustainability Repo

Shenzhen Sunline Tech Co., Ltd. | 27

Board of Directors Composition：

Total Directors: 9，Independent Directors: 3 (33.33% of the Board)；Female Directors: 2 (22.22% of the Board)Supeiso Board Composition：

Total Supeisors: 3 ，Employee Supeisor: 1

Corporate Governance Structure and Governance Status

Independent Directors' Special MeetingsBoard of Directors' MeetingsShareholders' Meetings

Supeiso Board Meetings

Governance Structure of Shareholders' Meeting,Board of Directors, Supeiso Board, and Management

Composition of the Board of Directors and Supeiso Boardand the Operation of the Three Meetings in 2024

Meeting type

ProposalsReviewedMeetingFrequency

the SupeisoBoard

Audit CommitteeStrategy andESG Committee

NominationCommitteeRemuneration andAppraisal Committee

the Shareholders'Meeting

the ExecutiveManagement Committee

the Board ofDirectors

Shenzhen Sunline Tech Co., Ltd. |

Corporate Governance - Investor Rights Protection

Sunline strictly complies with the "CompanyLaw," "Securities Law," "Listing Rules," "Mea-sures for the Administration of InformationDisclosure of Listed Companies," and otherrelevant laws, regulations, normative docu-ments, and regulato requirements. The Com-pany continuously enhances its informationdisclosure management, ensuring that disclo-sures are accurate, timely, and compliant. Reg-ular repos and tempora announcements aredisclosed in a truthful, precise, timely, and com-plete manner.

Investor Rights Protection

Sunline attaches great impoance to investorrelations management, implementing the "Infor-mation Disclosure Management System," "Inves-tor Relations Management System," "MajorEvent Information Internal Repoing System,"and other regulations. The Company maintainstransparent and eective communication withinvestors through investor hotlines, public inves-tor email, interactive platforms, investor visits,and paicipation in research activities organizedby securities companies.During the repoing period, Sunline strength-ened investor engagement by hosting the 2023peormance brieng and paicipating in the2024 Shenzhen-listed Companies CollectiveReception Day event, enhancing investor under-standing, communication, and recognition.Focusing on long-term and sustainable devel-opment, Sunline has established a continuous,stable, and scientically sound investor returnmechanism. The Company considers factorssuch as actual conditions, development plans,shareholder expectations, social capital costs,and the external nancing environment whenformulating its return policies. Adhering to regu-lations such as the "Notice on Fuher Imple-menting Cash Dividend Distribution by ListedCompanies" and the "Guidelines for the Supei-sion of Listed Companies No. 3—Cash DividendDistribution by Listed Companies," Sunline

Information Disclosure Transparency and Quality

Shareholder Rights Protection

During the repoing period, Sunline issued 197announcements and related documents, withzero errors, corrections, or compliance issues,successfully completing all information disclo-sure obligations for the year.In addition, Sunline is committed to standard-ized operation and legally compliant opera-tions, improving its corporate governancepractices. The Shareholders’ Meetings incorpo-rate both on-site and online voting mecha-nisms, encouraging active paicipation fromsmall and medium-sized investors. Thisapproach ensures that all shareholders—espe-cially minority investors—are fully informed,engaged, and able to exercise their votingrights, eectively safeguarding their legitimateinterests.

strictly follows the prot distribution policiesand approval procedures outlined in its Aiclesof Association, ensuring policy continuity andstability.To ensure fairness, transparency, and compli-ance in related-pay transactions, Sunlineformulated and revised key regulations in 2024,including:

?"Prevention of Major Shareholders andAliates Occupying Company Funds Man-agement System"?"External Guarantee Management System"These measures ensure that related-paytransactions do not harm shareholder interests,with strict control over external guarantees.During the repoing period, Sunline’s relat-ed-pay transactions remained routine andminimal, with all necessa procedures fullledand disclosed. No external guarantees occurred,and no actions harmed shareholder interests.

Shenzhen Sunline Tech Co., Ltd. |

Corporate Governance - Legal and Regulato Compliance

Sunline has established a strict, standardized, compre-hensive, and eective internal control system, embeddingrisk management and compliance management require-ments into business processes to ensure legal and com-pliant business operations.The governance structure consisting of the Shareholders'Meeting, the Board of Directors, the Supeiso Board,and management, with clearly delineated responsibilities:

?Board of Directors: Responsible for establishing andensuring the eective implementation of the Company’sinternal control and risk management functions.?Risk Control Depament and Internal Audit Depa-ment: Oversees risk management, internal control review,and internal audits.

?Supeiso Board: Supeises the Board of Directorsin implementing internal control mechanisms.?Management: Organizes and leads the daily operation

of internal controls.Sunline has established internal control managementprocesses and systems covering:

?Risk Management?Quality Management?Operation Management?Development Management?Security Management?Seice ContinuityThese systems dene the scope, responsibilities, andmanagement processes for internal control. Sunline regu-larly reviews and updates its internal control, risk, andcompliance frameworks, ensuring alignment with externalregulato requirements and continuously improvinggovernance mechanisms.

Legal and Regulato Compliance

Internal Controls

In the second half of 2024, Sunline completedthe revision and disclosure of 19 internalsystems, including the Management System forShares Held by Directors, Supeisors, andSenior Management and Their Changes, BoardStrategy and ESG Committee Work Rules, andPublic Opinion Management System". Theseupdates were implemented to fuher strengthenthe Company’s corporate governance frame-work.

System Construction

Sunline consistently regards information securityas a core pillar of business operations. The Com-pany is committed to establishing a comprehen-sive, multi-level information security manage-ment system to ensure the security, integrity, andavailability of its information assets. Through theadoption of robust technical measures, stan-dardized management processes, and ongoingsecurity training, Sunline safeguards customerdata, internal company information, and busi-ness systems- delivering reliable informationsecurity assurance to both customers and pa-ners.

Information SecurityAssurance

Information SecurityManagement SystemSince 2016, Sunline has maintained ISO 27001 cei-cation for its Information Security ManagementSystem and has continued to optimize and upgradethis system. The Company has established a securitymanagement framework covering physical security,network security, application security, and datasecurity to embed information security across allaspects of its operations.? Physical SecurityStrict access controls are enforced at key facilities,including oce areas and data centers, to preventunauthorized access to sensitive information.? Network SecurityThe Company deploys rewalls, intrusion detectionsystems, and network access controls to mitigatethe risk of cyberattacks and prevent data breaches.? Application SecuritySunline adheres to secure development protocolsduring the software development lifecycle and per-forms regular code audits and penetration testingto ensure application system integrity.? Data SecurityData encption, access control mechanisms, andregular backups are used to protect the integrityand condentiality of customer and internal compa-ny data.

Information SecurityTechnical MeasuresSunline has implemented advanced technologies toconstruct a multi-layered information securityprotection system, ensuring the security and control-lability of its information assets.

? Endpoint SecurityThe Company employs endpoint management soft-ware to centrally manage employee devices, preventunauthorized software installations, and reduce therisk of data leakage.? Data Backup and Disaster RecoveAn o-site disaster recove center has been estab-lished. Critical business data is backed up regularlyto suppo rapid recove in the event of emergen-cies.? Security Auditing and MonitoringSunline utilizes log management, security audits,and real-time monitoring tools to proactively identi-fy and respond to potential security threats, main-taining secure system operations.

Shenzhen Sunline Tech Co., Ltd. |

Corporate Governance - Legal and Regulato Compliance

Information SecurityManagement System

The Company has formalized its Information SecurityManagement System in alignment with ISO 27001standards. This framework covers security policies,incident response procedures, and emergencypreparedness measures. Regular training and drillsare conducted to raise employee awareness andenhance incident response capabilities.? Security PoliciesClearly dened information security objectives andprinciples provide structured guidance for system-atic management across the organization.? Security Incident ManagementA formal incident repoing and response mecha-nism ensures that security incidents are handledpromptly and eectively.

? Emergency ResponseSunline regularly organizes information securityemergency drills to strengthen team responsivenessand ensure business continuity under unexpectedcircumstances.Customer InformationSecurity ProtectionSunline places strong emphasis on the protection ofcustomer data, strictly adhering to relevant securityprotocols throughout its seice delive processesto prevent unauthorized access or data leakage.? O-site Seice ManagementWhile delivering o-site seices, the Companycomplies fully with customers' information securityrequirements, ensuring no unauthorized access tosensitive systems or data.

International Ceicationsand RecognitionsAs Sunline expands globally, its information securitymanagement practices have received recognitionfrom international standard-setting organizations.? PCI DSS CeicationThe Company's Suncard software product has ob-tained Payment Card Indust Data Security Stan-dard (PCI DSS) ceication, demonstrating compli-ance with global standards for the secure handlingof cardholder data and payment transactions.? SOC 2 CeicationSunline Holdings (Hong Kong) Limited, a whol-ly-owned subsidia, has obtained SOC 2 ceica-tion, arming the Company’s robust controls inareas including security, condentiality, and privacyprotection.

Sunline always adheres to the principles of lawful operation and honest tax payment, strictly complying withnational tax laws, regulations, and policies. The Company actively fullls its tax obligations while ensuring thecompliance, standardization, and transparency of all tax-related activities. A robust tax management system,suppoed by a professional tax team and ongoing tax training, lays a solid foundation for Sunline’s sustainabledevelopment.

Tax Compliance? Data Privacy ProtectionThe use of encption and access control technolo-gies ensures the condentiality and integrity of cus-tomer data.? ComplianceThe Company actively monitors developments indomestic and international data protection regula-tions and security standards, ensuring full compli-ance with applicable laws and best practices.

? Comprehensive Tax Management SystemSunline has established a comprehensive tax man-agement system that covers tax declaration, pay-ment, and tax risk prevention and control. Clearjob responsibilities and standardized processesensure orderly tax operations and eective riskmitigation. The Company regularly reviews andupdates its tax management framework to alignwith the latest tax policies and regulations.? Professional Tax TeamSunline has built a professional tax team with deepexpeise in taxation, accounting, and nancialmanagement. In addition to managing daily taxlings and payments, the team actively paici-pates in tax planning for major projects, ensuringcost optimization and operational eciency withinthe bounds of legal compliance. The team main-tains close communication with tax authorities tostay abreast of policy developments and ensureregulato foresight.

? Tax Compliance and Risk Prevention

Sunline places strong emphasis on tax complianceand risk management. The Company conductsregular internal tax audits and risk assessments toensure accuracy and compliance in tax repoing. Atax risk warning mechanism has been establishedto identify and resolve potential issues in a timelymanner, thereby maintaining stability and reliabilityin tax management.

? Tax Credit and Recognition

Sunline has been recognized as a Grade A Taxpayerby tax authorities for multiple consecutiveyears—an acknowledgment of the Company’slawful tax practices and integrity in operations.Below is a summa of Sunline’s tax contributionsover the past three years (Unit: RMB Yuan):

Note: The data includes taxes paid by Sunline and its subsidiariesacross the count.

? Employee Tax Awareness and Education

Sunline promotes tax awareness among employeesthrough a variety of tax education and training ini-tiatives. During the annual individual income taxsettlement period, the tax depament shares policyupdates and guidelines—covering topics such asspecial additional deductions—via internal emailsand informational posters. These eos aim tosuppo employees in fullling their personal taxobligations and foster a culture of legal complianceacross the organization.

The Tax Payment Situation of

Sunline and its Subsidiaries

20222023202425,036,758.06

54,204,072.95

62,236,501.09

Shenzhen Sunline Tech Co., Ltd. |

Corporate Governance - Legal and Regulato Compliance

Sunline places strong emphasis on the creation,protection, and management of intellectual proper-ty (IP) and is committed to developing nancialtechnology solutions with independent intellectualpropey rights. Through a combination of technicalsafeguards, legal protections, and internal manage-ment mechanisms, the Company ensures theprotection of its legitimate IP rights, which in turndrives technological innovation and businessgrowth.

Intellectual Propey Protection

Technical ProtectionTechnical safeguards form the foundation ofSunline’s approach to intellectual propey protec-tion. The Company ensures the security and integrityof R&D outcomes through the following measures:

? Isolated Development EnvironmentViual desktop infrastructure (VDI) and networkisolation are employed to create a secure and inde-pendent R&D environment, preventing unautho-rized access and data leakage.

? Permission ManagementStrict permission protocols are enforced to ensurethat only authorized personnel can access or utilizespecic technologies and software.? License ManagementSunline manages software product licenses toensure the legal and compliant use of intellectualpropey, thereby preventing unauthorized repro-duction or distribution.

Legal SafeguardsSunline actively enforces its intellectual propeyrights through legal mechanisms, ensuring that itsinnovation achievements are fully protected.? Intellectual Propey DeclarationThe Company lawfully registers software copyrights,patents, and trademarks. As of now, Sunline hasbeen granted 523 software copyrights and 11 pat-ents (including 9 invention patents), and continuesto promote the formalization of technological inno-vations into protected IP assets.

? Legal and Regulato Compliance

Sunline’s Legal Depament is responsible for coor-dinating IP protection eos initiating legal actionto counteract unfair competition, including trade-mark, copyright, and patent infringements.? Contractual AgreementsIn all third-pay collaborations, Sunline clearly de-nes intellectual propey ownership in contractualterms to avoid disputes and ensure transparent andenforceable IP boundaries.

Internal Management

A robust internal IP management system ensuresthat all intellectual propey is managed in a stan-dardized, compliant, and ecient manner.? Intellectual Propey Management MeasuresSunline has implemented dedicated IP managementprocedures to classify and govern patents, copy-rights, and trademarks. These procedures outlineapplication, usage, and maintenance workows foreach type of IP.? Employee TrainingRegular training sessions are conducted to raiseemployee awareness of intellectual propey lawsand internal compliance requirements, fostering aculture of respect and responsibility toward IPassets.? Condentiality AgreementsAll technical personnel are required to sign Con-dentiality and Non-Competition Agreements uponjoining the Company. These agreements implementmulti-level protections to prevent the disclosure oftrade secrets and core technologies.

Intellectual Propey AchievementsThrough ongoing innovation and robust IP protec-tion practices, Sunline has accumulated a broadpofolio of intellectual propey, which providescritical suppo for its business development.? Software CopyrightsAs of December 31, 2024, Sunline holds 523 soft-ware copyrights, spanning core business systems,big data platforms, nancial management solutions,and related technologies.? Patent TechnologiesAs of the same date, Sunline has obtained 11 pat-ents, including 9 invention patents, covering eldssuch as distributed architecture, digital twins, andprocess modelling.? Trademark ProtectionTrademarks have been registered for Sunline’s corebrands and product lines, safeguarding the legiti-macy and uniqueness of the Company’s brandidentity.

Social Responsibility

2024:

? Achieved TMMi-ML5 ceication (highest maturity level for software testing recognized by the

TMMi Foundation)? Passed CS4 level of the System Integration Construction and Seice Capability Assessment? Ceied for ITSS Level 3 (Information Technology Seice Standard Compliance)

2023:

? Received High-Tech Enterprise Ceicate? Passed ISO 22301 Business Continuity Management System ceication? Passed ISO 50001 Energy Management System ceication? Passed ISO 14001 Environmental Management System ceication2022:

? Awarded AAA-Level Enterprise Credit Rating Ceicate? Passed ISO 9001 Quality Management System ceication? Passed ISO 27001 Information Security Management System ceication? Passed ISO 20000 IT Seice Management System ceication? Passed CMMI Level 5 assessment? assed ISO 45001 Occupational Health and Safety Management System ceication

2024 Sustainability Repo

Shenzhen Sunline Tech Co., Ltd. |

Seing Clients and Paners Collaboration

Sunline is dedicated to independent innovation, investing heavily in R&D and cutting-edge technology. Withfour R&D centers nationwide and a workforce composed of over 90% technical personnel, over the Companyhas obtained 523 software copyrights and 11 patents (including 9 invention patents).Sunline remains at the forefront of technological advancement by actively exploring emerging technologiessuch as distributed systems, cloud-native architectures, big data, and large AI models. The Company is com-mitted to accelerating the practical application of these innovations within the nancial indust. In keydomains such as core banking systems, nancial management, big data platforms, and credit solutions,Sunline has achieved multiple indust-rst breakthroughs, transitioning “from 0 to 1”, and promoting thescalable sharing of technological capabilities across the nancial sector.

Technological InnovationCommitment to Innovation

With a strong focus on practical implementation, product excellence, and customer-centric seice, Sunlinehas evolved from an IT system provider into a comprehensive business solution paner. Backed by over 23years of experience in the nancial seices indust, Sunline has successfully suppoed numerous nancialinstitutions including state-owned commercial banks, joint-stock commercial banks, provincial rural creditcooperatives, and city commercial banks.Through the adoption of rigorous methodologies, the Company has developed a robust banking IT assetmodel, enabling ecient reuse of organizational capabilities and streamlined enterprise-wide integration.

Pragmatic Approach and Enterprise-Grade Capabilities

Key Ceications and Recognitions

Shenzhen

深圳

Tanzania坦桑尼亚

Macau澳门

Hong Kong

香港Vietnam越南

Philippines菲律宾Indonesia印度尼西亚Singapore新加坡Malaysia马来西亚Thailand泰国

Cambodia柬埔寨

2024 Sustainability Repo

Shenzhen Sunline Tech Co., Ltd. |

Social Responsibility - Seing Clients and Paners Collaboration

In 2016, leveraging its leading position in the domestic market, Sunline became the rst Chinese nancialtechnology company to expand internationally and successfully secure overseas contracts. By developinglocalized seice systems and cultivating a robust ecosystem of paners, Sunline has set a benchmark forChinese ntech enterprises in their global expansion eos.With standardized products, localized nancial indust solutions, and mature business models, Sunlinestrives to build a globally recognized Chinese brand of digital nancial solutions. In response to the ongoingdigitalization and cloud transformation of the global nancial sector, Sunline actively shares its overseasexperience and collaborates with stakeholders across the value chain to bring Chinese technology to globalmarkets.

Global Vision and Leading Practices

Global Reach and Brand Recognition:

Indust Recognition:

? Recognized as a leading Chinese ntech solutions provider in the IDC Financial Insights Repo:

Pioneers of Core Modernization in the Asia-Pacic Banking Landscape? Ranked among the Top 3 core banking platform providers in the Asia-Pacic region in Forrester's

2019 Global Banking Platform Deals Suey? Honored as an Integrity Demonstrative Enterprise suppoing the Belt and Road Initiative? Listed among the Top 50 China Fintech Companies by CB Insights? Named one of the seven founding companies of the Huawei Sma Finance Global Go PanerProgram (FPGGP)

10+60+

Operational presence in over10 countries and regions

Seice coverage extending to over60 overseas nancial institutions

Leveraging advanced in-house R&D capabilities, mature product competitiveness, and professional delive seices, Sunlinehas established panerships with over 800 global nancial institutions. The Company plays a critical role in empowering thedigital transformation of clients across the banking, securities, fund management, and pan-nancial sectors, maintaining aleading market share in the indust.Sunline’s customer base includes:The People's Bank of China, Three national policy banks, Six large state-owned commercialbanks, All national joint-stock commercial banks, 65 city commercial banks with total assets exceeding RMB 500 billion, 63 ruralcommercial banks with comparable asset scale, Together, these panerships result in a 97%+ coverage of nancial institutionswith assets over RMB 500 billion.Beyond traditional banking, Sunline also sees hundreds of non-bank nancial institutions, including:

Finance companies, Asset management rms, Financial holding groups, Consumer nance companies, Auto nance providers,Agricultural guarantee institutions, Credit repoing and scoring agencies.By oering diversied products and tailored solutions, Sunline has earned a strong brand reputation and continues to berecognized as a trusted digital transformation paner across the nancial seices ecosystem.

Customer Situation

2024 Sustainability Repo

Shenzhen Sunline Tech Co., Ltd. |

Social Responsibility - Seing Clients and Paners Collaboration

*Paial Showcase of Collaborative Clients (in no paicular order)

Sunline actively suppos theintegration of foreign nancialinstitutions into the Chinese nancialecosystem by providing compliant,localized, and innovative digitalsolutions. We have helped multipledigital and traditional banks fromvarious countries and regionsestablish a strong presence in China.Key clients include:

?Macau Chinese Bank?First Bank (Taiwan)?Taishin International Bank (Taiwan)?Fubon Bank (Hong Kong)?Nanyang Commercial Bank (Hong Kong)?Hua Nan Bank (Hong Kong)?Standard Chaered Bank (Hong Kong)?Bank of Nova Scotia (Hong Kong)?Livi Bank

Capitalizing on leading ntech practices in the Chinese banking sector,Sunline expos its core strengths—philosophy + technology +innovation—to global markets, suppoing the digital transformationof nancial institutions worldwide.International engagements include:

?Sabah Credit Corporation (Malaysia)?Siam Commercial Bank (Thailand)?Oversea-Chinese Banking Corporation (OCBC, Singapore)?Oversea-Chinese Banking Corporation (OCBC, Hong Kong)?Bank Neo Commerce (Indonesia)?CIMB Bank (Vietnam)?Krungsri Bank (Thailand)?Union Digital Bank (Philippines)?Kenanga lnvestment Bank Berhad (Malaysia)

Expanding Our Global Footprint

By leveraging our technologicalcapabilities and global deliveexperience, Sunline enables Chinesebanks to expand into internationalmarkets with dierentiated position-ing, helping them build compliant,scalable, and regionally adapteddigital platforms.Key international collaborationsinclude:

?Shanghai Pudong DevelopmentBank, Hong Kong Branch(SPDHK)?Chiyu Bank, Hong Kong Branch?Dongguan Bank, Hong Kong Branch?Didi Financial Overseas Credit Card?CITIC Bank, Hong Kong Branch?Huaxia Bank, Hong Kong Branch

Empowering ChineseFinancial Institutions toExpand Internationally

Joint stock BanksState-0wnedBanksPolicy Bankscity commercialBanksProvincial RuralCooperativesand ganks

Secunitlesr /FundsFinancialCompaniesAssetManagementConsumerFinanceOtherInstitutions

FUND

Domestic nancial institutions

Banks

Pan-Financialinstitutions

Foreign BanksOverseas Banks

Overseas nancial institutions

*Paial Showcase of Collaborative Clients (in no paicular order)Facilitating Market Entfor Foreign FinancialInstitutions in China

Products and SolutionsProcess-Level Innovation

? AI-Powered Modelling Methodology

Sunline has pioneered an AI-Powered ModellingMethodology that integrates aicial intelligencewith indust best practices across the entiresoftware development lifecycle (SDLC)—fromrequirement gathering and analysis to design,development, testing, deployment, and go-live.This approach enables the transformation of tra-ditional business requirements into structureddigital assets, shifting development from acode-driven to an asset-driven model. By em-bedding generative AI into each stage of theSDLC, Sunline provides intelligent assistance tohelp nancial institutions reimagine developmentworkows and accelerate intelligent system con-struction.Comprehensive Product Pofolio? Digital Finance

Built on a robust enterprise architecture, Sunline’sdigital nance solutions combine cutting-edgetechnology with deep nancial business exper-tise. Utilizing microseices and componentizedstructures, our oerings span core banking, lend-ing, card seices, and channel manage-ment—empowering end-to-end digital transfor-mation for nancial institutions of all sizes.? Data IntelligenceWith a foundation in real-world nancial datapractices, Sunline provides full-spectrum datasolutions covering data strategy, data middleplatforms, data governance, analytics applica-tions, and asset management. These solutionsenable institutions to extract actionable insights,improve operational eciency, and drive data-in-formed innovation.

? Financial ManagementSunline empowers nancial institutions to achieve digi-tization in nance and accounting operations. Ournancial management solutions suppo value-baseddata measurement, evaluation, and analysis, providingthe foundation for strategic decision-making and holis-tic nancial value management.Technology Platform

? APStackSunline’s proprieta digital productivity platform, AP-Stack, is cloud-native, enterprise-grade, and built onunit-based distributed architecture. Featuring a model-ling and implementation methodology centered on"application-centric" design, APStack meets the corebanking system’s high requirements for security, reli-ability, peormance, and agile development. It seesas a digital foundation that enables nancial institu-tions to undergo deep and eective transformation.

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Solutions and Key Cases? Digital Financial Business Solutions

Our new-generation core banking system is designedon an enterprise-level microseices framework with aunique "microseices + unitized" distributed architec-ture. It suppos exible seice deployment, limitlessscalability, and customer-centric transformationthrough multi-legal entity suppo, a comprehensiveproduct facto, and dierentiated pricing mechanisms.Key Highlights:

① Seven Major Capability Centers

The system is built around seven centralized capabili-ties: Customer Center, Pricing Center, Public SeiceCenter, Accounting Center, Product Center, ParameterCenter, Transaction Center.These centers streamline business processes and con-solidate data, enabling integrated, agile operations.

Case: New Core-Banking System Project for a ProvincialRural Credit Union in East ChinaFor a leading provincial rural credit union, Sunline built ahigh-peormance, highly available, scalable, and securenext-generation core banking system tailored to the dis-tinct needs of the agricultural nance sector. The systemwas designed to suppo unique business elds relevantto agriculture and included customized agri-nance ser-vice modules.Key achievements of this project include:

? Seamless migration and full integration of the legacymainframe core system, que-down platform, and Inter-net core banking system.? Suppo for accounting separation and enhancedbusiness eld modeling.

? Provision of process tools capable of ingesting projectdocumentation and conveing them into standardizedmodel assets, greatly shoening the delive cycle.

? Deep collaboration with rural commercial banks underthe union’s jurisdiction to ensure the system’s full com-patibility with their unique operational needs.The system currently sees:

? 60 rural commercial banks? 3,000+ branch outlets? 10,000+ inclusive rural nancial seice pointsIt represents the largest and most widespread nancialseice network among provincial institutions. By the endof 2024, the network's total assets surpassed 4 trillionRMB, with leading rankings in deposit and loan growthacross provincial banks.The upgrade of this core banking platform not onlystrengthens the digital backbone of the province’s ruralnancial sector but also accelerates its digital transfor-mation journey—elevating the quality and eciency ofnancial seices for the agricultural economy.

② Unitized Architecture

Each application operates independently, enhanc-ing system resilience, maintainability, high availabil-ity, and disaster recove. The architecture supposelastic scalability and dynamic peak-load manage-ment to ensure seamless business continuity.

③ Parallel Verication

A multi-round parallel verication mechanism en-sures system stability and data accuracy, minimizingthe risk of system launch failures and facilitating asecure go-live process.

④ Seamless Online Migration

Our online migration solution features three inter-connected systems:

? Transition System: Suppos dual-system mes-sage routing and trac switching.? Migration System: Oers rule-based, incrementalmigration scheduling and policy-driven execution.? Global Routing System: Accurately routes cus-tomer and account data between legacy and newsystems.This end-to-end strategy ensures uninterruptedoperations and an imperceptible system transitionfor users.

⑤ Model Asset Construction via Process Tools

Sunline leverages intelligent process toolkits to ac-celerate project implementation through rapid iter-ation and ecient asset reuse. These toolkits sig-nicantly enhance productivity, reduce implemen-tation costs, build team capabilities, and ensurelong-term system stability. By transforming projectdocumentation into standardized model assets, thetools shoen project timelines while suppoingrened project management and deep integrationbetween business logic and technology. This ap-proach plays a key role in driving banks’ compre-hensive digital transformation.

? Big Data Application System Solutions

In the age of data-driven nance, emerging technologiessuch as data lakes, data middle platforms, and real-timeanalytics are transforming how nancial institutionsmanage and utilize data. Yet, traditional data warehousesremain foundational for analysis. Many nancial institu-tions, after more than a decade of data warehouse devel-opment, now face challenges including architectural com-plexity, data redundancy, and usability issues—stemmingfrom outdated designs, inadequate maintenance, and alack of standardization.To address these challenges, Sunline has launched anew-generation bank data warehouse model, drawingfrom over 20 years of indust experience. This model em-phasizes clarity, usability, and standardization, oering ahigh-quality prototype that suppos comprehensive,business-aligned data construction.

① Business-Oriented Data Models

Designed from a business perspective, these models areintuitive, business-readable, and aligned with operationalneeds.

② Clear Data Linkages

Well-dened architectural hierarchies and standardizeddata call protocols streamline data ow and improve pro-cessing eciency.

③ Universal Standardized Models

Banking-standard-based models oer exibility for a widerange of downstream applications when integrated withcore systems.

④ Layered Decoupling Architecture

The architecture decouples core and data processinglayers, isolating the impact of changes and enhancingsystem exibility and adaptability.Ecient Full-Scope Data Warehouse ReconstructionRecognizing the complexity of large banks’ existing dataenvironments—marked by massive data volumes, tangledarchitecture, and extensive interdependencies—Sunlinehas developed an ecient, tool-driven data warehouse2024 Sustainability Repo

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reconstruction methodology. Depaing from tradi-tional manual data management, this approachuses a full-lifecycle, fully online development andgovernance model to simplify large-scale transfor-mations.Key Methodology Elements:

① Full Scope Coverage

All paicipants and data objects involved in trans-formation projects are governed using projectmanagement tools, ensuring visibility and control.

② Full Process Control

All implementation steps follow a standardizedproject execution model, suppoed by denedtechnical specications and operational rules foreach phase.

③ Full Tooling Suppo

Sunline’s tooling manages metadata throughoutthe entire data lifecycle, integrates with agile de-velopment processes, enforces technical standards,and signicantly reduces manual overhead.This approach turns complex data warehouseoverhauls into manageable, structured, and evenrewarding “puzzle assembly” experiences—bring-ing order, eciency, and accuracy to the digitaltransformation of nancial data systems.

Case: Comprehensive Reconstruction Project of aJoint-Stock Bank's Core Data WarehouseIn December 2024, Sunline successfully launchedthe "First Comprehensive Reconstruction Project ofa Large Domestic Bank's Core Data Warehouse", incollaboration with a prominent joint-stock bank.The project fully met all technical peormance ex-pectations, signicantly enhancing the bank’s op-erational capabilities and providing a strong boostto its overall peormance growth. The new coredata warehouse achieved four key improvementsover its predecessor:

1.Streamlined Data Assets

Data assets were reduced by nearly 50%, improving datamanagement eciency.

2.Shoened Data Links

The data-processing link was streamlined, reducing thebatch processing time by 50%.

3.Accelerated Data Applications

Most data-related batch processing jobs were complet-ed ahead of schedule, accelerating operational process-es.

4.Resource Cost Savings

The new system reduced CPU usage and storage usageby approximately 40%, leading to signicant cost sav-ings.Throughout the reconstruction project, Sunline and thebank jointly developed specialized tools to facilitateseamless migration and management. Key achievementsinclude:

? Full Scope Management: The entire project wascomprehensively managed, ensuring smooth and e-cient execution.? High Automation Success: The migration processachieved a 90% success rate for script automation, whilethe data comparison and verication process reached a100% coverage rate, ensuring accuracy and consistency.? Early Completion: Thanks to innovative projectmanagement and automation tools, the project wascompleted three months ahead of schedule, shatteringthe stereotype of long, resource-intensive data ware-house reconstructions.? Zero Production Incidents: Over nearly two years ofimplementation, the project achieved zero productionincidents, setting a new benchmark for successful,large-scale data migrations.This groundbreaking project not only streamlined thebank’s core data management but also introduced inno-vative methods for data warehouse construction, mark-ing a signicant achievement in the indust.

? Full Financial Value Chain Management

SolutionsAs commercial banks accelerate their digitaltransformation, the deep integration of emergingtechnologies such as big data, cloud computing,and aicial intelligence with nancial operationshas become essential. To facilitate this transfor-mation, Sunline oers Full Financial Value ChainManagement Solutions that leverage these tech-nologies to enable comprehensive digitalizationand enhance operational eciency.One of the most critical components of thistransformation is the general ledger system,which sees as the backbone of accountinginformation systems. With the continued devel-opment of nancial technology, this system hasbecome a crucial ent point for banks to drivedomestic substitution and advance digital nan-cial transformation.“Enterprise-Level Mega General Ledger” productoers three key advantages:

① Indust-Leading Technology

Leveraging cutting-edge "domestic substitution +cloud-native" technologies, this system utilizes amicroseices + unitized architecture, fully com-patible with domestic ecosystems. It provides un-paralleled exibility, scalability, and stability, en-abling rapid response to product innovations andsuppoing both internal operations and futurebusiness growth.

② Outstanding Product Peormance

The system integrates measurement, accounting,management, and analysis capabilities, deliveringunied, real-time accounting processing fordiverse banking operations. With the capacity tohandle high-volume transactions and concurrentprocessing scenarios, it signicantly improves ac-counting eciency and suppos business deci-sion-making.

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? Overseas Business and Related SolutionCase: Core-Banking System Modernization Panership withSCB

In 2024, Sunline secured a strategic agreement with Siam Com-mercial Bank (SCB) in Bangkok for the modernization of its corebanking system. This panership marks a signicant milestone,as SCB becomes the rst Thai bank to choose a Chinese ntechprovider, demonstrating a breakthrough for Chinese nancialtechnology companies in the Southeast Asian market.

① Cooperation Highlights

?Core-Banking System Modernization: Sunline will provide

SCB with comprehensive core IT infrastructure upgrades anddigital transformation solutions aimed at enhancing the bank’soperational capabilities and customer experience.?Technical Advantages and Indust Experience: Leveraging23 years of indust experience, Sunline’s technological inno-vation stood out, winning the project and reinforcing its com-petitiveness in the global market.

② Strategic Signicance

?A Key Milestone in Sunline's Internationalization Strategy:

This collaboration is a signicant breakthrough for Sunline'sinternational expansion, positioning it as a key player in theSoutheast Asian market and setting a benchmark case forfuture business growth in the region.?Promoting Sino-Thai Cooperation and Digital Transforma-tion: Beyond strengthening its market inuence, Sunline’s pa-nership with SCB enhances the digital transformation eos ofThailand’s nancial indust, marking a pivotal moment inSino-Thai cooperation.

③ Future Outlook

Sunline will continue to focus on technological innovation,driving the global digital transformation of the nancial tech-nology indust. The company is committed to providing e-cient and sustainable solutions for its international customers,strengthening its global competitiveness.

Sunline maintains close collaborations withleading paners such as Huawei, TencentCloud, and Alibaba Cloud.?Huawei Connect 2024:

At the Huawei Connect 2024 conference,themed "Win-Win Indust Intelligence,"Sunline, alongside Huawei and other pa-ners, released the "Modern Financial CoreSystem White Paper: Practice Chapter" andjointly launched the “Huawei FinancialDistributed New Core Solution 5.0.” Addi-tionally, Sunline signed strategic agreementswith Huawei Cloud and introduced a jointsolution for nancial core modernization.This panership underscored Sunline’sproduct strength, innovative solutions, andleadership in the nancial digital-intelligenttransformation eld, contributing to theshared vision of a new future for digital-in-telligent nance.?Tencent Indust Paners Summit 2025:

At the 2025 Tencent Indust PanersSummit in Sanya, Sunline was invited due toits long-standing successful collaborationand signicant inuence in the indust.During the event, Sunline was honored withthe “2024 Financial Indust - Best PracticeAward”. This award highlights Sunline’s inno-vative breakthroughs in the nancial tech-nology sector and acknowledges its ongoingpanership with Tencent Cloud to acceleratethe nancial indust’s digital transformation.

Paners Ecosystem

③ Extensive Implementation Expeise

Sunline has successfully implemented enter-prise-level mega general ledger systems for over60 nancial institutions, including 40+ banks, 13 ofwhich manage assets exceeding one trillion RMB.This extensive experience has allowed Sunline todevelop proven implementation methodologiesand data standards, ensuring rapid deployment offully localized general ledger systems for nancialinstitutions.Case: Next-Generation Transaction-Level MegaGeneral Ledger Project for a State-Owned LargeCommercial BankIn alignment with national nancial technologyinnovation policies and aimed at accelerating itsnancial digital transformation, a state-ownedlarge commercial bank launched a three-year ini-tiative focused on the digitalization of its nancialcore systems. This initiative is designed to inte-grate business-nance-expense-taxation man-agement, improving eciency and ensuring afuture-proof infrastructure for the bank.Guided by the principle of “consolidating founda-tions and prioritizing urgent needs,” the bank em-barked on the development of a next-generationtransaction-level mega general ledger system. Thesystem aims to meet the growing demands forgreater nancial transparency, exibility, and inte-gration of nancial data across dierent depa-ments.

Sunline's Role:

Sunline’s general ledger system was selected due to itsrobust capabilities and exible full-stack localizationadaptability, making it an ideal solution for this ambitiousproject. The collaborative eo aims to deliver a secure,high-peormance, and scalable general ledger systemthat is fully localized to meet the specic needs of thebank.The system will help the bank achieve:

?Rened Financial ManagementEnhanced management of nancial data to supporeal-time decision-making and nancial planning.?Unied Accounting StandardsStreamlined integration across all nancial depaments,ensuring standardized accounting processes.?Business-Finance-Tax IntegrationSeamless integration of business, nancial, and taxationdata, facilitating comprehensive data analysis and regula-to compliance.?Flexible System OperationsAgile system capabilities that can quickly adapt to chang-ing business requirements.?Autonomous ControllabilityEmpowering the bank to maintain full control over itsnancial systems and operations.This collaboration will signicantly accelerate the bank’snancial digital transformation, advancing its technologi-cal innovation and enhancing its ability to meet modernnancial seice demands.

Employee CareSunline adheres to a "people-oriented" philosophy, striving to create a healthy, harmonious, and vibrant workingenvironment. We are committed to safeguarding employee rights, fostering professional growth, enhancingwell-being, and ensuring a mutually benecial cycle of development between employees and the Company. Ourapproach encompasses diversied recruitment channels, a comprehensive compensation and benets system,varied career development paths, enriching employee activities, and holistic health suppo.

Recruitment Channels

Sunline recruits fresh graduates through panerships with universities and indust-academia-re-search projects. The "Resee Program" launched in 2023 and 2024 oers graduates signicant careergrowth oppounities. In March 2024, Sunline also panered with Shenzhen University to establish the"AI Financial Software Engineering Joint Laborato", promoting deep integration between indust,academia, and research in alignment with national strategic goals for next-generation AI development.

Campus Recruitment

Sunline attracts top talent through diverse recruitment channels, oering employees expansivecareer development oppounities:

Through platforms like BOSS and 51jobs, Sunline attracts talented professionals from a wide range ofelds. We also strategically use specialized recruitment platforms to eciently match candidates withspecic indust needs.

Social Recruitment

Sunline provides veical and horizontal career development oppounities, encouraging currentemployees to expand their capabilities and achieve the best internal job-employee alignment.Internal Job Posting

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The "Bo Le Plan" rewards employees who successfully refer candidates, enhancing team cohesion whileattracting high-quality talent.Employee Referral Program

Emphasizing an "open and inclusive" culture, Sunline welcomes outstanding former employees back tothe Company, bringing valuable experience, business insights, and continuity of trust.

Rehiring Program

Employee Compensation and Benets

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Social Responsibility - Employee Care

Sunline’s training system encompasses a broad range of learning oppounities for new hires, existing employees,and management:

? New Employee TrainingOur onboarding programs are designed to help new employees integrate seamlessly into the company cultureand their roles. Training includes business skills development, professional modules, and mentorship programs.By utilizing blended learning (both online and oine) and hands-on practice, new employees quickly mastercore job skills and become valuable contributors to the Sunline team.? Professional Skills TrainingSunline oers a range of technical and business courses. Internal expes conduct training sessions, sharingpractical knowledge and real-world experience. This approach ensures ecient talent development, aligningemployee growth with the company’s business expansion goals.? Management Training

Sunline employs a targeted and dierentiated training approach for dierent levels of management:

Resee Cadre Pool: Sunline builds a systematic talent resource pool to identify and nuure individuals with ex-ceptional potential for managerial roles. Tailored programs enhance their business knowledge, managementskills, and team collaboration capabilities, helping them evolve into eective leaders.

Training System

Sunline’s compensation policies are designed to be fair and reasonable, taking into account job responsibilities,individual peormance, and market benchmarks. Annual peormance evaluations and incentive mechanismsensure that outstanding employees are duly rewarded for their contributions, suppoing both personal and orga-nizational growth.

Compensation System

We oer a comprehensive range of benets to ensure the well-being and satisfaction of our employees, including:

? Health Protection

Supplementa commercial insurance and regular health checkups to safeguard employees' health.? Holiday CareSpecial celebrations during key holidays such as the Spring Festival and Mid-Autumn Festival, along with dedi-cated activities for Programmer’s Day to recognize and appreciate our tech teams.? Paid LeaveEmployees are entitled to statuto holidays, annual leave, and additional family visit rewards to ensure a healthywork-life balance.? Internal Special Care FundTo fuher suppo our employees, Sunline established the Internal Special Care Fund in 2018. By December 31,2024, the fund had accumulated over RMB 1.36 million, beneting more than 30 employee families facing excep-tional hardships. This initiative reects Sunline’s strong commitment to employee care and well-being.

? Team-Building ActivitiesWe regularly organize team-building activities, cultural events, and spos activities to foster communication, col-laboration, and team cohesion.

Benets System

Career Development and Training

Sunline oers diverse career paths and extensive training resources to help employees achieve their personal andprofessional goals. By focusing on dual career paths, structured training systems, and employee competencydevelopment, Sunline fosters continuous growth and development for all team members.

Employees can choose between two distinct tracks—management or professional—depending on their careeraspirations. Both tracks are suppoed by tailored training programs and promotion channels. Regular careerassessments and feedback sessions ensure employees are aligned with their development goals and help themadjust strategies to reach their desired career milestones.

Dual Career Paths

Sunline adheres to a compensation and benets system that prioritizes fairness, legal compliance, and employeewell-being. Guided by the Labor Law of the People’s Republic of China and the Labor Contract Law, we ensurestrict adherence to sala regulations and distribution. Our compensation policy integrates qualication manage-ment and peormance management mechanisms, promoting both internal equity and cost-eectiveness.

? Role-Specic Training

Sunline helps employees develop the core skills necessa for their specic roles, thereby improving eciencyand quality. As pa of our internationalization strategy, Sunline actively responds to market demands by oeringspecialized programs, including English learning initiatives, English prociency ceications, and cross-culturalexchange programs. These eos help broaden employees’ global perspectives, enhance cross-cultural commu-nication skills, and equip the organization with versatile talent for international growth.

? External Ceications

Sunline encourages employees to pursue relevant professional ceications to increase their career competitive-ness and expeise in their elds.? Growth Platforms

Employees are suppoed with personalized learning plans, career counseling, and hands-on project oppouni-ties. These resources ensure that each employee has the tools and guidance necessa to grow both personallyand professionally.

Employee Competency Development

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New Manager Transition: From Februa to May 2024, Sunline launched a comprehensive New Manager Transi-tion Camp. The camp oered a combination of practical case studies, leadership coaching, and experi-ence-sharing sessions to suppo newly appointed managers as they adapted to their new responsibilities.Current Managers: To foster continuous leadership development, Sunline oers a diverse online course libracovering areas like leadership, team management, strategy, and more. Managers can engage in self-directedlearning at any time. Additionally, seminars and workshops are regularly held to promote innovative thinking,helping leaders enhance their strategic decision-making and organizational management capabilities. In 2024,Sunline organized workshops focused on management standards, enabling managers to discuss key metricsand application scenarios. These discussions fostered a unied understanding of leadership principles and en-couraged self-reection and continuous improvement.

Employee Activities and Cultural Development

Sunline places a strong emphasis on fostering team cohesion and cultivating a positive company culture. Througha variety of engaging activities, Sunline promotes employee well-being, celebrates traditions, and strengthenscollaboration across all teams.

Sunline promotes healthy lifestyles through various wellness lectures, running clubs, and tness programs. Theseinitiatives encourage employees to prioritize their physical health, ensuring a well-rounded and balanced work-lifeenvironment.

Health Initiatives

To celebrate traditional holidays such as Lunar New Year and Mid-Autumn Festival, Sunline organizes festiveevents that not only bring employees together but also foster a deep sense of belonging and community spirit.These celebrations provide employees with oppounities to connect outside of work, reinforcing cultural tradi-tions and team unity.

Festive Events

Sunline regularly organizes osite team-building activities, designed to enhance collaboration and strengtheninterpersonal relationships. These activities create a positive and suppoive atmosphere, helping teams workmore cohesively and eectively toward shared goals.

Team Building

The "Sunline Role Model" program recognizes and honors employees who consistently demonstrate outstandingpeormance and embody Sunline's values. By highlighting these role models, the program spreads positive energythroughout the organization, motivating others to strive for excellence and contribute to the company’s collectiveprogress.

Role Model Recognition

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Health Suppo and Mental Well-being

Sunline is dedicated to suppoing the physical and mental well-being of its employees through comprehensivehealth initiatives:

Sunline oers annual comprehensive medical examinations to ensure employees' health is consistently monitored,promoting a proactive approach to well-being.Health Checkups

Expe-led wellness lectures are organized to raise awareness about health issues and disease prevention. Thesesessions help employees improve their understanding of maintaining a healthy lifestyle, both physically and men-tally.

Wellness Lectures

Employee IncentivesSunline motivates and recognizes employees for their contributions through various incentive programsdesigned to drive peormance and long-term success:

Introduced in 2022, equity incentive plans have been implemented in 2023 and 2024 to align core talent withthe company’s long-term growth. These plans aim to increase employee engagement, boost retention, andprovide employees with a stake in the company's success.

Equity Incentive Plans

Sunline provides peormance-based bonuses, including project, year-end, and sales bonuses, as well as allow-ances and recognition awards to incentivize employees. These rewards promote a culture of innovation andencourage employees to achieve outstanding business results.

Diverse Incentives

Employee Feedback and Communication

Sunline places a high value on employee input, fostering an open environment for communication:

Regular satisfaction sueys are conducted to gather employee feedback, helping the company identify areasfor improvement and enhance management practices.Satisfaction Sueys

As pa of the "Visit Project Sites" initiative, executives regularly engage with frontline teams. This approachallows leadership to better understand challenges, improve operations, and demonstrate a strong commitmentto the well-being of employees.

"Visit Project Sites" Initiative

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Social Responsibility - Social Welfare

Social Welfare

In 2024, Sunline rearmed its commitment to giving back to society by engaging in impactful public welfareinitiatives:

? Public Educational Exchange Program (August 2024)

Sunline hosted an educational exchange program for students and teachers from Guangxi Baise Tianyang HighSchool and Shenzhen University of Technology Aliated Middle School. During the program, Sunline sharedinsights into Shenzhen’s transformation into a modern metropolis, its corporate journey, and its achievements sinceinception. Paicipants had the oppounity to experience Sunline's corporate culture and workplace environment,inspiring future collaborations with outstanding students and contributing to the growth of the next generation.

? "Walk for Good" Charity Event (April 2024)Sunline organized the "Walk for Good" charity event, which saw widespread paicipation from employees. Thefunds raised through this initiative were donated to suppo educational development in two rural schools inGuizhou Province. These donations contributed to the construction of 8 public reading corners, providing childrenwith access to books and learning resources. This eo played a pivotal role in promoting rural education andfostering hope for the future.

Environmental Protection

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Energy Conseation and Emission Reduction

Air Conditioning Eciency

Sunline prioritizes environmental protection as an integral pa of its commitment to sustain-able development. Through energy-saving initiatives, paperless operations, green travelencouragement, and responsible waste management, we strive to reduce our environmentalfootprint and suppo carbon neutrality goals.

Sunline applies scientic management and technological innovation to reduce energy consumption andcarbon emissions eectively.

Air conditioners are turned o 20 minutes before daily closing time to avoid standby energy consump-tion.

Scheduled Shutdowns

Summer cooling is set no lower than 26°C, while natural ventilation is prioritized in winter to reduceusage.Temperature Control

Annual cleaning and maintenance (at least twice yearly) ensure optimal peormance and energyeciency.Maintenance

Lighting Eciency

Areas with sucient natural light minimize aicial lighting.Natural Light Utilization

All oces use energy-saving bulbs, and employees are encouraged to turn o lights when not in use.

Energy-Ecient Lighting

Equipment Eciency

Employees are required to set monitors to medium brightness and enable duplex printing to reducepaper and energy use.

All devices must be powered o when unused to eliminate standby consumption.Standby Management

Computers and Printers

Paperless Operations

Print Management

Sunline actively promotes paperless workows to reduce paper consumption and enhanceresource recycling.

Duplex printing is encouraged, and single-sided paper is reused where possible.

2024 Sustainability Repo

Shenzhen Sunline Tech Co., Ltd. |

Environmental Protection - Paperless Operations

Digital ProcessesEmail, electronic documents, and digital tools replace paper-based workows.Oce Supplies ManagementEmployees are encouraged to request supplies based on necessity and prioritize reusableitems, such as rellable pens.

Green Travel

Public TransitSunline advocates for low-carbon commuting and business travel:

Employees are encouraged to use buses, subways, or other public transpoation for daily com-mutes and business trips.

Cycling and WalkingEmployees living nearby are urged to bike or walk to work.

Carpooling and EVsCarpooling is promoted, and employees purchasing vehicles are encouraged to choose newenergy models.

Waste Management

Recyclables

Sunline has implemented a comprehensive waste management system to promote recyclingand reduce environmental impact.

Old computers, printers, and other recyclables are centrally collected and processed for reuse.

Hazardous WasteBatteries and other hazardous materials are collected and disposed safely to avoid environ-mental contamination.

Appendix

2024 Sustainability Repo

Shenzhen Sunline Tech Co., Ltd. |

Key Peormance Indicators

Economic Peormance (Financial Indicators)

Notes:

? GHG emissions include direct emissions from ocial vehicles, indirect emissions from purchased electricity

(calculated using factors from the China Energy Statistical Yearbook 2022 and guidelines from the Minist ofEcology and Environment), and Scope 3 emissions from business travel (per GHG Protocol standards).? Floor area covers oces in Shenzhen, Beijing, Shanghai, and Guangzhou. Headcount excludes on-site proj-ect sta.

Environmental Peormance

Total Tax PaymentTotal ProtTotal Operating Revenue

Basic Earnings Per Share (EPS)RMB/share

RMB 10,000RMB 10,000RMB 10,000IndicatorUnit

Total AssetsRMB 10,000

Total Greenhouse Gas Emissions (GHG)GHG Intensity (per million revenue)GHG Intensity (per m?)GHG Intensity (per capita)Gasoline Consumption (ocial vehicles)Total Electricity ConsumptionElectricity Intensity (per capita)Electricity Intensity (per m?)Total Water ConsumptionMunicipal Water SupplyBottled water (barrel)Bottled water (bottle)Water Intensity (per capita)Water Intensity (per m?)Oce Paper ConsumptionPaper Consumption (per capita)

tCO?etCO?e/million revenuetCO?e/m?tCO?e/personliters10,000 kWhkWh/personkWh/m?tonstonstonstonsm3/personm3/m?kgkg/person

IndicatorUnit2024

467.04

0.27

0.05

0.46

4,980.15

84.99

839.87

99.99

5,301.635,103.95

195.70

1.98

5.24

0.62

4,345.89

4.29

2024

0.0243

6,223.652,871.82173,642.18

288,486.10

Shenzhen Sunline Tech Co., Ltd. |

Appendix - Key Peormance Indicators

Employee Peormance Indicators

Total Number of Employees

Full-Time EmployeesEmployees in Mainland China

Indicator2024Unit

PersonsPersonsPersons

7,1477,1477,006

Annual Training Coverage (Key Groups*)Total Annual Training Hours (Key Groups*)Average Annual Training Hours (Key Groups*)

By Employment Type

By Gender

By Age Group

By Education Level

GRI Standards Content Index

GRI 1: Foundation

1.1 Organizational Prole

1.2 Repoing Content

1.3 Repoing Period

1.4 Contact Information

2.1 Organizational Name

2.2 Activities, Brands, Products, Seices

2.3 Headquaers Location

2.4 Operational Locations

2.6 Markets Seed

2.7 Organizational Scale

2.8 Employee Information

3.1 Material Topic Identication

3.2 Material Topic Management

201 Economic Peormance202 Market Presence

GRI StandardIndicator/ContentRepo Section

3.1: Company Introduction

1: About This Repo1: About This Repo1: About This Repo1: About This Repo

3.2: Major Products and Business

1: About This Repo

3.1: Company Introduction

6.1: Client and Paner Collaboration

3.1: Company Introduction

8.1: Key Peormance Indicators

4.3: Materiality Analysis

4.3: Materiality Analysis

8.1: Key Peormance Indicators

6.1: Client and Paner Collaboration

GRI 400: Social

GRI 2: GeneralDisclosures

GRI 3: MaterialTopicsGRI 200: Economic

GRI 300:

Environmental

302 Energy303 Water305 Emissions

401 Employment404 Training and Education405 Diversity and Equal Oppounity

7: Environmental Protection

8.1: Key Peormance Indicators

7.4: Waste Management

6.2: Employee Care

8.1: Key Peormance Indicators

6.3: Social Welfare

5.3: Legal and Regulato Compliance

7: Environmental Protection

8.1: Key Peormance Indicators

7: Environmental Protection

8.1: Key Peormance Indicators

6.2: Employee Care

8.1: Key Peormance Indicators

6.2: Employee Care

8.1: Key Peormance Indicators

413 Local Communities418 Customer Privacy

306 Waste

Female Employees (% of Total)Male Employees (% of Total)≤30 Years Old30–50 Years Old>50 Years OldMaster’s Degree or HigherBachelor’s Degree or Below

Employees in Hong Kong,Macao, Taiwan, and Overseas

Persons%%%%%%%%HoursHours/Person

26.3

73.57

44.28

54.13

1.58

3.28

96.71

7,061

Shenzhen Sunline Tech Co., Ltd.Address: F/5, Building 2-A, Zone I, Shenzhen Bay Technology & Ecological Park,West Shahe Road, Nanshan District, Shenzhen, ChinaPhone: 0755-86168118-828Email: invest@sunline.cn