Hong Kong Exchanges and Clearing Limited

FORM 2 - Corporate Substantial Shareholder Notice

Form Serial Number:

CS20260814E00544

1. Date of relevant event:

12/08/2026
(dd/mm/yyyy)

2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later):

13/08/2026
(dd/mm/yyyy)

3. Stock code:

03308

4. Name of listed corporation:

ZHONGJI INNOLIGHT CO., LTD. - H SHARES

5. Class of shares:

H Shares

6. Number of issued shares in class:

54,500,000

7. Name of substantial shareholder:

Morgan Stanley

8. Registered office:

1585 Broadway, New York 10036, New York, USA

9. Principal place of business in Hong Kong:

No place of business in Hong Kong

15. Exchange on which listed:

New York Stock Exchange

16. Name of listed parent and exchange on which parent is listed:

Not applicable

17. Details of relevant event:

Brief description of relevant event

Capacity in which shares were/are held

Number of shares bought/sold or involved

Currency of transaction

On Exchange

Off Exchange

Before relevant event

After relevant event

Highest price (per share)

Average price (per share)

Average consideration (per share)

Nature of consideration

Long position

1311	There has been a change in nature of your interest in the shares because: you have delivered the shares to a person who had agreed to borrow them

2201	Interest of corporation controlled by you

2201	Interest of corporation controlled by you

608,150

HKD

Short position

18. Total shares immediately before the relevant event:

	Total number of shares	Percentage figure (%)
Long position	3,695,925	6.78
Short position	345,332	0.63
Lending Pool	0	0.00

19. Total shares immediately after the relevant event:

	Total number of shares	Percentage figure (%)
Long position	3,695,925	6.78
Short position	345,332	0.63
Lending Pool	0	0.00

20. Capacity in which interests disclosed in Box 19 are held:

Capacity code

Number of shares

2201	Interest of corporation controlled by you

Long position	3,695,925
Short position	345,332

21. Further information in respect of derivative interests:

Derivatives code

Number of shares

4105	Unlisted derivatives - Physically settled

Long position	1,526,327
Short position	39,780

4106	Unlisted derivatives - Cash settled

Long position	1,837
Short position	210,553

22. Further information in relation to interests of corporations controlled by substantial shareholder:

Name of controlled corporation

Address and place of incorporation

Name of controlling person

% control

Direct interest (Y/N)

Number of shares

Morgan Stanley International Holdings Inc.

1585 Broadway, New York, New York, 10036, New York. Place of incorporation: USA

Morgan Stanley

100.00

Long position	3,135,090
Short position	284,831

Morgan Stanley International Limited

25 Cabot Square, Canary Wharf, London, E14 4QA, Place of incorporation: UNITED KINGDOM

Morgan Stanley International Holdings Inc.

100.00

Long position	3,135,090
Short position	282,399

Morgan Stanley Investments (UK)

20 Bank Street, Canary Wharf, London, E14 4AD, Place of incorporation: UNITED KINGDOM

Morgan Stanley International Limited

100.00

Long position	3,135,090
Short position	282,399

Morgan Stanley & Co. International plc

Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London, E14 4QA, Place of incorporation: UNITED KINGDOM

Morgan Stanley Investments (UK)

100.00

Long position	3,135,090
Short position	282,399

Morgan Stanley Capital Management, LLC

1585 Broadway, New York, 10036, Place of incorporation: USA

Morgan Stanley

100.00

Long position	560,835
Short position	60,501

Morgan Stanley & Co. LLC

1585 Broadway, New York, 10036, Place of incorporation: USA

Morgan Stanley Capital Management, LLC

100.00

Long position	560,798
Short position	20,000

Morgan Stanley Investment Management Inc.

1585 Broadway, New York, 10036, Place of incorporation: USA

Morgan Stanley Capital Management, LLC

100.00

Long position	37
Short position	0

Morgan Stanley Alternative Investments LLC

One Tower Bridge, 100 Front Street, Suite 400, West Conshohocken, 19428, Place of incorporation: USA

Morgan Stanley Investment Management Inc.

100.00

Long position	37
Short position	0

Morgan Stanley AIP GP LP

One Tower Bridge, 100 Front Street, Suite 400, West Conshohocken, 19428, Place of incorporation: USA

Morgan Stanley Investment Management Inc.

0.00

Long position	37
Short position	0

Morgan Stanley AIP GP LP

One Tower Bridge, 100 Front Street, Suite 400, West Conshohocken, 19428, Place of incorporation: USA

Morgan Stanley Alternative Investments LLC

100.00

Long position	37
Short position	0

Morgan Stanley Jubilee Investments Limited

20 Bank Street, Canary Wharf, London, E14 4AD, Place of incorporation: UNITED KINGDOM

Morgan Stanley International Holdings Inc.

100.00

Long position	0
Short position	2,432

Archimedes Investments Cooperatieve U.A.

Herikerbergweg 238, Luna ArenA, Amsterdam, 1101CM, Place of incorporation: NETHERLANDS

Morgan Stanley International Holdings Inc.

99.90

Long position	0
Short position	2,432

Archimedes Investments Cooperatieve U.A.

Herikerbergweg 238, Luna ArenA, Amsterdam, 1101CM, Place of incorporation: NETHERLANDS

Morgan Stanley Jubilee Investments Limited

0.10

Long position	0
Short position	2,432

Morgan Stanley B.V.

Luna Arena, Herikerbergweg 238, Amsterdam, 1101 CM, Place of incorporation: NETHERLANDS

Morgan Stanley International Holdings Inc.

0.00

Long position	0
Short position	2,432

Morgan Stanley B.V.

Luna Arena, Herikerbergweg 238, Amsterdam, 1101 CM, Place of incorporation: NETHERLANDS

Morgan Stanley Jubilee Investments Limited

0.00

Long position	0
Short position	2,432

Morgan Stanley B.V.

Luna Arena, Herikerbergweg 238, Amsterdam, 1101 CM, Place of incorporation: NETHERLANDS

Archimedes Investments Cooperatieve U.A.

99.99

Long position	0
Short position	2,432

Morgan Stanley Domestic Holdings, LLC

1585 Broadway, New York, 10036, Place of incorporation: USA

Morgan Stanley Capital Management, LLC

100.00

Long position	0
Short position	40,501

Morgan Stanley Capital Services LLC

1585 Broadway, New York, 10036, Place of incorporation: USA

Morgan Stanley Domestic Holdings, LLC

100.00

Long position	0
Short position	40,501

23. Further information in relation to interests held by substantial shareholder jointly with another person:

Name of joint shareholder	Address	Number of shares

24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:

Names of trust	Address	Status code	Number of shares

25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):

Names of other parties	Address	Number of shares

Total number of shares in which a substantial shareholder is interested under sections 317 and 318		0

26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:

Names	Address	Relationship Code	Percentage (%)

27. Supplementary information:

28. Log/Serial Number of the previous form:

29. Number of concert party document(s) under section 317 attached/uploaded:

Date of filing this Form 2:

14/08/2026
(dd/mm/yyyy)