The Board of China Development Bank Financial Leasing Co., Ltd. hereby announced that on 19 July 2023 (after trading hours), the Company (as the Lessor) entered into the finance lease arrangement with the Lessee, pursuant to which (i) the Company as the Purchaser entered into the Transfer Agreement with the Lessee and the Vendor, under which the Company purchased the Leased Assets from the Vendor at a consideration of RMB 1,000,000.00, and (ii) the Company as the Lessor entered into the Finance Lease Agreement with the Lessee, under which the Company agreed to lease the Leased Assets to the Lessee with a lease period of 60 months. According to Chapter 14 of the Listing Rules, as the highest applicable percentage ratio of the transaction under the finance lease arrangement is higher than 5% but lower than 25%, such transaction constitutes a discloseable transaction of the Company and is subject to the announcement requirement but is exempt from the shareholders' approval requirement under Chapter 14 of the Listing rules. Details of the Transfer Agreement are summarized as follows: Date.

19 July 2023. Parties. "Purchaser" the Company.

"Lessee" Shandong Aite Yunxiang Information Technology Co., Ltd. ("Shandong Aite Yunx Jiang Information Technology Co., Ltd., (Shan Dong Ai Te Yun Xiang Xin Xi Ji Shu You Xian Gong Si), a state-owned enterprise located in Shandong Province, the PRC, which is principally engaged in businesses such as data center construction. "Vendor" Aliyun Computing Co., Ltd. ("A Li Yun Ji Suan You Xian Gong Si"), a limited liability company located in Zhejiang Province, the PRC,which is principally engaged in businesses such As part of the finance lease arrangement and pursuant to the Transfer Agreement, the Purchaser agreed to accept the transfer of the rights and obligations of the Lessee under the Purchase Agreement entered into between the Lessee and the Vendor with respect to the transaction target, and to purchase from the Vendor the transaction target, and the Vendor agreed to transfer the transaction target and/or change the registration to the name of the Purchaser. The transaction target is certain data center equipment located in Shandong Province., the PRC, which is equivalent to the Leased Assets under the Finance Lease Agreement.

The net book value of the transaction target is approximately RMB 1,000,000.00. The Vendor does not separately account for the profit before and after taxation of the transaction target. Consideration and Terms of Payment.

The Purchaser agreed to purchase the transaction target from the Vendor at a total consideration of RMB 1,000,000.00.