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.

The 2024 Annual Equity Distribution Plan of Shenzhen Chunwang New Materials Co., Ltd. (the “Company”) was approved at the Shareholders’ Meeting on May 16, 2025. Details are announced as follows:

As of the distribution record date, the consolidated retained earnings attributable to the parent company amounted to RMB 66,994,500.29, while the parent company’s retained earnings stood at RMB 73,520,885.25. The total cash dividend distribution is RMB 4,719,119.10.

I. Equity Distribution Plan

1. Distribution Scheme
   The Company will distribute a cash dividend of RMB 1.50 per 10 shares, based on the total outstanding share capital of 31,460,794 shares.
2. Tax Withholding Arrangements
   (1) Individual shareholders and investment funds are subject to differentiated individual income tax policies on dividends.
   • Holding period ≤ 1 month: Supplementary tax of RMB 0.30 per 10 shares.
   • 1 month < Holding period ≤ 1 year: Supplementary tax of RMB 0.15 per 10 shares.
   • Holding period > 1 year: Exempt from supplementary tax.
   (2) For Qualified Foreign Institutional Investors (QFII/RQFII), the Company withholds income tax at 10% pursuant to Guo Shui Han [2009] No. 47. The actual distribution is RMB 1.35 per 10 shares.(3) Other institutional investors and corporate shareholders shall pay taxes at the place of income generation; no tax is withheld by the Company.

II. Record Date and Ex-dividend Date

• Record Date: June 12, 2025
• Ex-dividend Date: June 13, 2025

III. Eligible Shareholders
Shareholders registered with China Securities Depository and Clearing Corporation Limited Beijing Branch (“ChinaClear Beijing”) as of the close of trading on June 12, 2025. Securities acquired on Record Date (“R Date”) qualify for distribution; securities sold on R Date do not.

IV. Distribution Method
Cash dividends will be distributed via ChinaClear Beijing on June 13, 2025, directly transferred to shareholders’ capital accounts through their respective securities brokers (or custodians).

V. Contact Information
Address: No. 14, 6th Industrial Zone, Langbei Village, Tongde Community, Baolong Street, Longgang District, Shenzhen
Contact: Wang Hongyi
Tel: +86 189 2382 5098
Fax: +86 755 8988 9903

VI. Reference Documents
(1) Resolution of the 2024 Annual Shareholders’ Meeting of Shenzhen Chunwang New Materials Co., Ltd.
(2) Advance Notice on 2024 Annual Equity Distribution Plan of Shenzhen Chunwang New Materials Co., Ltd.
(3) Implementation Announcement on 2024 Annual Equity Distribution by ChinaClear Beijing for Shenzhen Chunwang New Materials Co., Ltd.

Shenzhen Chunwang New Materials Co., Ltd.
Board of Directors
June 6, 2025