FlagTech: Terminate the issuance of shares to specific individuals and withdraw the application documents.

Qitian Technology announced that the company held a board meeting on July 3, 2026, and decided to terminate the issuance of shares to specific objects for the year 2024. The company also signed a termination agreement with the subscribers of the share subscription agreement and filed an application with the Shenzhen Stock Exchange to withdraw the relevant application documents. As the issuance of shares is a crucial step in the change of control plan, the corresponding termination of the change of control plan is proposed. After terminating the issuance of shares, the controlling shareholder of the company remains Xinglu Fund, and the actual controller remains the Yancheng City government.