EXPLANATORY NOTE (Form 6-K)

EXPLANATORY NOTE

Change in control

On June 5, 2026, Peng Zhang, entered into a share transfer instrument with Longwin Global Limited ("Longwin Global"), a Seychelles company, pursuant to which Peng Zhang, as transferor, agreed to transfer his one ordinary share of Energy Science Artist Holding Limited ("Energy Science"), a British Virgin Islands Business Company, representing 100% issued share capital of Energy Science, to Longwin Global, as transferee, for a consideration of US$1,000,000 (the "Transfer"). The consummation of the Transfer resulted in a change in control of the SAIHEAT Limited (the "Company"), with Longwin Global becoming the sole controlling shareholder of the Company. There are no arrangements or understandings among the members of both the former and new control groups of the Company and their associates with respect to the election of officers of the Company or other matters, except as set forth herein.