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. Meeting Convening and Attendance

(I) Convening of the Meeting

1. Meeting Date: April 25, 2025
2. Meeting Venue: Company Conference Room
3. Meeting Format: On-site
4. Notice Issuance: Issued in writing on April 11, 2025
5. Meeting Chair: Wang Jianping, Chairman
6. Attendees: Supervisors and senior management of the company
7. Compliance Statement:
   The convening, proceedings, and voting procedures complied with the?Company Law of the People’s Republic of China, relevant administrative regulations, departmental rules, normative documents, and the?Articles of Association of Shenzhen Chunwang New Materials Co., Ltd.

(II) Attendance
All 5 directors were present or represented by proxy.

II. Deliberation of Proposals

(I) Proposal Regarding the 2024 Board of Directors Work Report

1. Proposal Content:
   Deliberation of the 2024 Board of Directors Work Report, prepared in accordance with legal requirements and the company’s Articles of Association.
2. Voting Result:
   Approve: 5 | Oppose: 0 | Abstain: 0
3. Abstention Voting:
   Not applicable to this proposal.
4. Submission to Shareholders’ Meeting:
   This proposal requires further approval at the Shareholders’ Meeting.

(II) Proposal Regarding the 2024 General Manager Work Report

1. Proposal Content:
   Deliberation of the 2024 General Manager Work Report, prepared per the company’s Articles of Association.
2. Voting Result:
   Approve: 5 | Oppose: 0 | Abstain: 0
3. Abstention Voting:
   Not applicable.
4. Submission to Shareholders’ Meeting:
   Not required.

(III) Proposal Regarding the 2024 Annual Report and Summary

1. Proposal Content:
   The company prepared its financial statements—including the consolidated and company balance sheets as of December 31, 2024; consolidated and company income statements, cash flow statements, and statements of changes in equity for 2024; and related notes—in accordance with?Chinese Accounting Standards for Business Enterprises?and company accounting policies. The 2024 Annual Report and Summary were prepared per the?NEEQ Disclosure Rules for Listed Companies. This proposal deliberates the?Financial Statements and Notes?and the?2024 Annual Report and Summary.
2. Voting Result:
   Approve: 5 | Oppose: 0 | Abstain: 0
3. Abstention Voting:
   Not applicable.
4. Submission to Shareholders’ Meeting:
   Required.

(IV) Proposal Regarding the 2024 Profit Distribution Plan

1. Proposal Content:
   According to the Auditors’ Report (Pansheng A [2025] No. 00117) issued by Pansheng Certified Public Accountants LLP, the parent company’s retained earnings as of December 31, 2024, amounted to RMB 73,520,885.25.
   The company proposes a cash dividend distribution of RMB 0.15 per share (tax inclusive) to all shareholders based on the existing share capital of 31,460,794 shares, totaling RMB 4,719,119.10. The final distribution is subject to China Securities Depository and Clearing Corporation Limited’s calculation.
2. Voting Result:
   Approve: 5 | Oppose: 0 | Abstain: 0
3. Abstention Voting:
   Not applicable.
4. Submission to Shareholders’ Meeting:
   Required.

(V) Proposal Regarding the 2024 Financial Final Accounts Report

1. Proposal Content:
   Deliberation of the 2024 Financial Final Accounts Report per legal requirements and the Articles of Association.
2. Voting Result:
   Approve: 5 | Oppose: 0 | Abstain: 0
3. Abstention Voting:
   Not applicable.
4. Submission to Shareholders’ Meeting:
   Required.

(VI) Proposal Regarding the 2025 Financial Budget Report

1. Proposal Content:
   Deliberation of the 2025 Financial Budget Report per legal requirements and the Articles of Association.
2. Voting Result:
   Approve: 5 | Oppose: 0 | Abstain: 0
3. Abstention Voting:
   Not applicable.
4. Submission to Shareholders’ Meeting:
   Required.

(VII) Proposal Regarding Convening the 2024 Annual Shareholders’ Meeting

1. Proposal Content:
   Proposal to convene the 2024 Annual Shareholders’ Meeting on-site on May 16, 2025, to deliberate proposals approved by the Board and the Fifth Meeting of the Fourth Supervisory Committee that require shareholder approval.
2. Voting Result:
   Approve: 5 | Oppose: 0 | Abstain: 0
3. Abstention Voting:
   Not applicable.
4. Submission to Shareholders’ Meeting:
   Not required.

III. Reference Documents

• Resolutions of the Eighth Meeting of the Fourth Board of Directors of Shenzhen Chunwang New Materials Co., Ltd.

Shenzhen Chunwang New Materials Co., Ltd.
Board of Directors
April 25, 2025