Shenzhen Chunwang New Materials Co., Ltd. (the “Company”) and all members of the Board of Directors hereby confirm that the content of this announcement is true, accurate, and complete. There are no false records, misleading statements, or material omissions, and we accept individual and joint liability for the authenticity, accuracy, and completeness of the information presented.
I. Basic Information on the Meeting
(I) Session of the Shareholders’ Meeting
This meeting is the First Extraordinary Shareholders’ Meeting of 2025.
(II) Convener
The meeting is convened by the Board of Directors.
(III) Statement on the Legitimacy and Compliance of the Meeting Convocation
The convocation of this Shareholders’ Meeting complies with the relevant provisions of the “Company Law” and the “Articles of Association.”
(IV) Method of Meeting Convening
√ On-site Meeting □ Electronic Communication Meeting
This Shareholders’ Meeting will be held on-site.
(V) Voting Method
√ On-site Voting □ Electronic Communication Voting
□ Online Voting □ Other Voting Methods
This Shareholders’ Meeting will employ on-site voting.
(VI) Date and Time of the Meeting
- Meeting Time: 10:00 AM, December 22, 2025.
(VII) Eligible Attendees
- Shareholders holding the Company’s shares on the record date.
All shareholders of the Company registered with China Securities Depository and Clearing Co., Ltd. at the close of business on the record date (details as per the table below) are entitled to attend the Shareholders’ Meeting (Investors who purchase shares on the record date are entitled to this right, while those who sell shares on the record date are not). Shareholders may attend and vote in person or by proxy appointed in writing; such proxy need not be a shareholder of the Company. This excludes holders of preferred shares and holders of preferred shares with restored voting rights.
| Share Class | Security Code | Security Abbreviation | Record Date |
|---|---|---|---|
| Ordinary Shares | 831880 | Chunwang Xincai | December 19, 2025 |
- The Company’s directors, supervisors, senior management personnel, and the person-in-charge of information disclosure affairs.
II. Matters for Deliberation
| Proposal No. | Proposal Title | Voting Shareholder Type – Ordinary Shareholders |
|---|---|---|
| 1 | Proposal on Amending the “Articles of Association” | √ |
| 2 | Proposal on Amending the Company’s Relevant Internal Rules | √ |
| 3 | Proposal on Amending the “Supervisory Committee Rules of Procedure” | √ |
Proposal 1: Proposal on Amending the “Articles of Association”
To comply with the stipulations and requirements of the “Company Law,” improve corporate governance, and align with the Company’s practical operational and managerial needs, the Company proposes to amend relevant clauses of the “Articles of Association.” For details, please refer to the “Announcement on Proposed Amendments to the ‘Articles of Association’” (Announcement No.: 2025-019) disclosed by the Company on the designated information disclosure platform of the National Equities Exchange and Quotations System (www.neeq.com.cn).
Proposal 2: Proposal on Amending the Company’s Relevant Internal Rules
In accordance with relevant laws and regulations such as the “Company Law of the People’s Republic of China,” the “Guidance No. 3 for the Supervision of Non-Listed Public Companies – Essential Clauses for Articles of Association,” and the “Governance Rules for Listed Companies on the National Equities Exchange and Quotations System,” the Company proposes to amend the following internal rules:
- Amend the “Shareholders’ Meeting Rules of Shenzhen Chunwang New Materials Co., Ltd.”;
- Amend the “Board of Directors Rules of Shenzhen Chunwang New Materials Co., Ltd.”;
- Amend the “External Guarantee Management Rules of Shenzhen Chunwang New Materials Co., Ltd.”;
- Amend the “External Investment Management Rules of Shenzhen Chunwang New Materials Co., Ltd.”;
- Amend the “Connected Transactions Management Rules of Shenzhen Chunwang New Materials Co., Ltd.”;
- Amend the “Profit Distribution Management Rules of Shenzhen Chunwang New Materials Co., Ltd.”;
- Amend the “Investor Relations Management Rules of Shenzhen Chunwang New Materials Co., Ltd.”;
- Amend the “Commitment Management Rules of Shenzhen Chunwang New Materials Co., Ltd.”
For details, please refer to the corresponding announcements (e.g., Shareholders’ Meeting Rules – Announcement No.: 2025-020; Board of Directors Rules – Announcement No.: 2025-021, etc.) disclosed by the Company on the designated information disclosure platform of the National Equities Exchange and Quotations System (www.neeq.com.cn).
Proposal 3: Proposal on Amending the “Supervisory Committee Rules of Procedure”
Based on the current “Company Law,” the supporting business rules issued by the National Equities Exchange and Quotations System for implementing the new “Company Law,” and other relevant regulations, and in consideration of the Company’s actual circumstances, it is proposed to amend the “Supervisory Committee Rules of Procedure.”
- Among the above proposals, Proposal No. (1) is a special resolution.
- The above proposals do not involve separate vote counting for minority shareholders.
- The above proposals do not involve connected shareholder recusal from voting.
- The above proposals do not involve a public offering of shares and listing on the Beijing Stock Exchange.
III. Meeting Registration Method
(I) Registration Method
- Individual Shareholders:?Present original ID card. If attending by proxy, provide the principal’s ID card (copy), a power of attorney signed by the principal, and the proxy’s original and copy of ID card.
- Corporate Shareholders:?If attending by the legal representative, present the legal representative’s original and copy of ID card, and a copy of the corporate business license affixed with the corporate seal. If attending by a non-legal representative proxy, present the proxy’s original and copy of ID card, a power of attorney signed by the legal representative and affixed with the corporate seal, and a copy of the corporate business license affixed with the corporate seal.
- Registration can be completed by mail or fax. Telephone registration is not accepted. (Documents required as per points 1 & 2 above).
(II) Registration Time: 9:00 AM, December 22, 2025.
(III) Registration Venue: Meeting Room, 4th Floor, Building A, Shenzhen Chunwang New Materials Co., Ltd.
IV. Other Information
(I) Contact: 0755-28121593
(II) Meeting Expenses: Borne by the attendee.
V. Documents for Reference
“Resolution of the Tenth Meeting of the Fourth Board of Directors of Shenzhen Chunwang New Materials Co., Ltd.”
Shenzhen Chunwang New Materials Co., Ltd.
Board of Directors
December 5, 2025