SIGLENT Technologies Co.Ltd

Corporate Value and Return Enhancement Action Plan 2024

SIGLENT Technologies Co.Ltd (hereinafter referred to as the "Company") has

formulated the " Corporate Value and Return Enhancement Action Plan 2024" in

order to practice the "investor-centric" ethos of listed companies and protect the

interests of all shareholders and promote the high-quality and sustainable

development of the Company in light of the development strategy and operational

situation of the Company. The details are as follows:

I. Deeply Exploring the Main Business to Strengthen Core Competitiveness

The Company is a R&D-driven high-tech enterprise. Since its establishment the

Company has been focusing on the development and technological innovation of

general electronic test and measuring instruments. The Company is a state-level

"Little Giant" enterprise with its main business being the research development

production and sales of digital oscilloscopes waveform and signal generators

spectrum analyzers network analyzers power supplies multimeters and other general

electronic test and measuring instruments.The Company is one of the few manufacturers of general electronic test and

measuring instruments in the world that has the ability to develop produce and sell

the four main products of general electronic test and measuring instruments namely

digital oscilloscopes signal generators spectrum analyzers and network analyzers

and it is also one of the few companies in the world that owns these four main

products at the same time and has entered into the high-end field of the entire line of

the four main products. The Company is headquartered in Shenzhen with subsidiaries

in Cleveland (USA) Augsburg (Germany) and Tokyo (Japan) a branch office in

Chengdu and offices in Beijing Shanghai Xi'an Wuhan and Nanjing.In 2024 the Company will continue to focus on the continuous exploration of its main

business adhere to independent research and development of technological

innovation and continue to launch new products through intense investment in

research and development. The Company will firmly promote the high-end

development strategy continuously improve the product matrix consolidate the

competitive advantages of RF microwave products and high-resolution digital

oscilloscope products and strengthen the construction of channels and brands to

continuously enhance the comprehensive competitiveness of the Company. The

measures are as follows:

1. Insisting on Independent Innovation and Continuously Increasing Efforts on

R&D

The Company has always emphasized R&D innovation focusing on the deep

integration of technological achievements with the industry market demand and

products and continued to carry out iterative upgrading of products and technologies

through high-intensity R&D investment. In 2023 the Company's R&D expenses

amounted to RMB86097933 representing a year-on-year increase of 49.44%. The

Company's R&D expenses accounted for 17.82% of operating revenue an increase of

3.33 percentage points over the same period of the previous year when it was

14.49%. At the end of 2023 the number of R&D personnel of the Company reached213 representing a year-on-year increase of 36.54% and the proportion of R&D

personnel was 46.10% showing a further expansion of the R&D team. Led by an

experienced core technology team the Company has achieved remarkable R&D

results. In 2023 the Company released seven new products and owned 297 patents

(including 198 invention patents) with the number of patents increased by 33.R&D Expenses (RMB10000)

8609.79

5761.28

3829.09

2742.752886.97

20192020202120222023

In 2024 the Company will continue to prioritize technology-orientation and continue

to maintain a high level of investment in research and development for key core

technology research. At the same time the Company will continue to strengthen the

construction of the technical research and development team continue to introduce

technical personnel to enrich the technical team and strengthen the product

technology innovation and product development strength. Continuous technical

research and accumulation will lay a solid foundation for subsequent product

development and generate core technologies. The Company will develop patents

around these core technologies and improve the independent intellectual property

rights system centered on patents.

2. Continuing to Improve the Product Matrix to Consolidate the Advantages of

Product Support

The Company has released two new products since 2024. On January 10 2024 the

Company officially released the SDM4000A series of high-speed 6.5-digit digital

multimeters. Equipped with a touch screen and new interface this series of products

can help improve the testing efficiency of products which are widely used in test

automation electric power engineering electronic manufacturing and maintenance

etc. On January 23 2024 the Company officially released the 8 GHz bandwidth

high-resolution oscilloscope (SDS7804A) which set up a new benchmark for

domestic high-resolution oscilloscopes and marked the acceleration of the high-end

process of the Company's instruments. The presence of these new products will bring

positive impact on the Company's performance improvement and the basic

information of new products is as follows:

Product name Product model Product performance indicators

Resolution accuracy: 6? (2200000

count);

SDM4000A

high-speed SDM4065A DCV basic accuracy: 35PPM;

6.5-digit digital SDM4065A-SC Maximum reading rate: 50000

multimeters readings/second;

Minimum sampling interval: 20 μs.Maximum bandwidth: 8 GHz;

Vertical resolution: 10/12-bit;

SDS7604A H12

Storage depth: Up to 1 Gpts/ch;

SDS7000A SDS7604A H10

high-resolution Number of channels: 4;

oscilloscope SDS7804A H12 It supports USB2.0 Ethernet and other

SDS7804A H10 protocol conformance analysis as well as

eye pattern and jitter test for LVDS MIPI

and other high-speed signals.In 2024 the Company will continue to deepen its high-end development strategy

promote technological upgrading and rely on its globalized brands and channels to

achieve stable growth in operating results. In the field of digital oscilloscopes the

Company has released 8GHz bandwidth 12-bit high-resolution digital oscilloscopes

and will subsequently focus on the development of higher bandwidth digital

oscilloscopes above 8 GHz narrowing the gap with the dominant foreign enterprises

to meet more testing requirements. In the field of RF microwave the Company has

released the spectrum analyzer and vector network analyzer with the highest

measurement frequency of 26.5 GHz and will make a breakthrough in the series of

products with the frequency of 26.5 GHz or above in the future. Meanwhile the

Company has released the high-end RF microwave signal generator with the output

frequency of 40 GHz. In the subsequent R&D the frequency range will exceed 40

GHz. In the field of arbitrary waveform generator the Company has released the

high-end arbitrary waveform generator with output frequency of 1 GHz and the

subsequent R&D will be directed to the development of arbitrary waveform generator

with higher output frequency.II. Focusing on Investor Returns and Sharing the Fruits of High-quality

Development

The Company has implemented the cash dividend policy for two consecutive years

since its IPO with the cash dividend ratio exceeding 60% each year. As at December

31 2023 the Company's cumulative cash dividends totaled RMB140666710.63 and

52266683 shares were transferred by way of capitalization from capital reserve. The

Company has always attached great importance to investor returns. Since its IPO the

Company has paid cash dividends for two consecutive years to share the fruits of

corporate development with all its shareholders.In 2021 the Company paid a cash dividend of RMB4.6875 (inclusive of tax) for

every 10 shares to all shareholders totaling RMB50000015.63 (inclusive of tax) and

the cash dividend accounted for 61.68% of the net profit attributable to shareholders

of the parent company. In 2022 the Company paid a cash dividend of RMB8.50

(including tax) per 10 shares to all shareholders and at the same time the Company

transferred 4.9 shares per 10 shares to all shareholders by way of capitalization from

capital reserve without bonus shares. The accumulated cash dividends of the

Company amounted to RMB90666695.00 (including tax) and the cash dividend

amount accounted for 64.41% of the net profit attributable to shareholders of the

parent company.In 2023 the Company intends to pay a cash dividend of RMB8.80 (inclusive of tax)

for every 10 shares to all shareholders totaling RMB140096016.72 (inclusive oftax) and the cash dividend accounted for 90.23% of the net profit attributable to

shareholders of the parent company. The company doesn’t convert provident fund into

share capital or give bonus shares.The Company promises that cash dividends will account for no less than 30% of the

net profit attributable to the shareholders of the parent company in the consolidated

statement of accounts in 2024 so as to create more value for investors and safeguard

the legitimate rights and interests of shareholders. Mr. Qin Ke the real controller

chairman and general manager of the Company undertakes to vote in favor for the

dividend at the relevant meeting. The Company will continue to coordinate the

dynamic balance between corporate development performance growth and

shareholders' return adhere to the cash dividend-orientation and enhance the sense of

gain of investors.In 2024 in the light of the State Council's Opinions on Strengthening Supervision

Preventing Risks and Promoting High-Quality Development of the Capital Market

the Company will pay close attention to the trends of the capital market and actively

explore the increase of the frequency of annual dividends in an effort to promote the

Company's high-quality development and the enhancement of investment value. The

Company will work with investors to create a better future of value sharing and

win-win cooperation so that investors can share the fruits of the Company's growth in

its development and realize the steady appreciation of wealth.III. Enhancing Investor Communication and Exchange to Establish Long-term

Mutual Trust Channels

Since its IPO the Company has always highly emphasized its investor relations

management work continuously improved the system related to investor relations

management and established diversified investor communication channels. The

Company strengthened investors' understanding of the Company's production and

operation status and established good interaction with investors through investor

hotlines e-mails the Investor Relations section on its official website and results

briefings and shareholders' meetings.In 2023 the senior management of the Company including the chairman and general

manager participated in the regular report performance briefing many times to

communicate with investors in depth. Through the official website and WeChat

account the Company shows its operation research and development and products to

the investors so that they can understand the Company more comprehensively.In 2024 the Company will continue to follow the principle of "truthfulness accuracy

completeness timeliness and fairness". Under the premise of compliance the

Company will continue to carry out specialized investment relations activities in

different forms hold no less than three performance briefing sessions or investor

reception day activities and invite investors to the Company for field research. In

2024 the Company will strictly follow the laws regulations and regulatory

requirements implement the Company’s information disclosure management policy

and fulfill its information disclosure obligations and continue to strengthen investor

communication and exchanges thus establishing a long-term stable and mutually

trustworthy relationship with investors.IV. Improving Corporate Governance to Enhance Operational Quality and

EfficiencyThe Company attaches great importance to the soundness of its governance structure

and the effectiveness of its internal control system. In 2023 in accordance with the

relevant rules of governance of listed companies of the China Securities Regulatory

Commission and Shanghai Stock Exchange the Company revised the Articles of

Association the Working Policy of Independent Directors the Decision-making Rules

for Related-party Transactions and other systems to continue to improve the

corporate governance and internal control system enhance the standardization of the

Company's operations ensure the science-based decision-making and safeguard the

shareholders' interests.In 2024 the Company will continue to strengthen its capital management by

improving operational efficiency and increasing the efficiency of capital utilization

under the premise of safety and compliance. Meanwhile the Company will continue

to implement the construction of information systems and integrate internal

control-related systems and procedures into the information systems. The Company

will consistently optimize and further enhance the level of information-based

technology to provide support for the rigorous orderly and efficient operation of the

Company and further improve the quality and efficiency of its operations.The "key few" play a crucial role in the Company's governance. In 2024 the

Company will continue to urge the key few to implement their main responsibilities

continue to actively urge directors supervisors and the senior management to

participate in the trainings held by the China Securities Regulatory Commission

Shanghai Stock Exchange Pujiang Lecture the local securities regulatory bureaus

and other regulators as well as the continuous supervisory authorities to enhance the

study of the relevant laws and regulations of the securities market and to strengthen

and enhance the awareness of compliance risk and self-discipline so as to

continuously promote the continuous and standardized operation of the Company.V. Other Matters

The Company will continue to focus on its main business and improve the quality of

its operations. In addition the Company will actively reward investors with good

performance and standardized corporate governance and effectively fulfill its

responsibilities and obligations as a listed company thereby maintaining the good

market image of the Company and promoting the smooth and healthy development of

the capital market.The " Corporate Value and Return Enhancement Action Plan 2024" is a judgment

based on the actual situation of the Company which may be affected by policy

adjustments market environment and other factors in the future with a certain degree

of uncertainty and it does not constitute a substantial commitment of the Company to

investors. The Company respectfully requests that investors be cautious in investing

and pay attention to the risks of investment.SIGLENT Technologies Co.Ltd

Board of Directors

April 29 2024