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. Convocation and Attendance of the Meeting
(A) Meeting Convocation

1. Meeting Time: May 16, 2025
2. Meeting Format: √ Physical Meeting □ Electronic Communication Meeting
   Venue: Conference Room, 4th Floor, Building D, No. 14, Sixth Industrial Zone, Langbei Village, Tongde Community, Baolong Street, Longgang District, Shenzhen
3. Voting Method:
   √ On-site Voting □ Electronic Communication Voting
   □ Online Voting □ Other Voting Methods
4. Convenor: The Board of Directors
5. Chairperson: Mr. Wang Jianping, Chairman of the Board
6. Compliance Statement: The convening, holding, and voting procedures of this meeting complied with the relevant provisions of the Company Law and the Company’s Articles of Association. The resolutions passed are legal and valid.

(B) Meeting Attendance

A total of 7 shareholders attended or were represented at this Shareholders’ Meeting, holding an aggregate of 25,499,450 voting shares. This represents 81.05% of the Company’s total voting shares.

(C) Attendance of Company Directors, Supervisors, and Senior Management

1. All 5 incumbent Directors were present.
2. All 3 incumbent Supervisors were present.
3. The Secretary of the Board was present.

II. Deliberation of Proposals
(A) Proposal on the 2024 Board of Directors Work Report

1. Proposal Content: To deliberate the 2024 Work Report of the Board of Directors, prepared in accordance with relevant legal requirements and the Company’s Articles of Association.
2. Voting Result (Common Shares):
   • For: 25,499,450 shares (100% of the voting shares represented at the meeting)
   • Against: 0 shares (0%)
   • Abstained: 0 shares (0%)
3. Recusal Status: This proposal did not involve connected transactions. No recusal was required.

(B) Proposal on the 2024 Supervisory Committee Work Report

1. Proposal Content: To deliberate the 2024 Work Report of the Supervisory Committee, prepared in accordance with relevant legal requirements and the Company’s Articles of Association.
2. Voting Result (Common Shares):
   • For: 25,499,450 shares (100%)
   • Against: 0 shares (0%)
   • Abstained: 0 shares (0%)
3. Recusal Status: This proposal did not involve connected transactions. No recusal was required.

(C) Proposal on the 2024 Annual Report and Summary

1. Proposal Content:?The Company has prepared its financial statements in accordance with the?Accounting Standards for Business Enterprises?and the Company’s accounting policies. These include the consolidated and company balance sheets as of December 31, 2024; the consolidated and company income statements, consolidated and company cash flow statements, and consolidated and company statements of changes in shareholders’ equity for the year 2024; and the related notes to the financial statements. Concurrently, the Company has prepared the 2024 Annual Report and its Summary in accordance with regulations such as the?NEEQ Disclosure Rules for Listed Companies. This proposal seeks deliberation and approval of the?Financial Statements and Notes?and the?2024 Annual Report and Summary. Relevant details can be found in the “2024 Annual Report” (Announcement No.: 2025-004) and the “2024 Annual Report Summary” (Announcement No.: 2025-005) disclosed on the official website of the National Equities Exchange and Quotations (www.neeq.com.cn).
2. Voting Result (Common Shares):
   • For: 25,499,450 shares (100%)
   • Against: 0 shares (0%)
   • Abstained: 0 shares (0%)
3. Recusal Status: This proposal did not involve connected transactions. No recusal was required.

(D) Proposal on the 2024 Profit Distribution Plan

1. Proposal Content: According to the Pengsheng A Shen Zi [2025] No. 00117 Audit Report issued by Pengsheng Certified Public Accountants LLP (Special General Partnership), the retained earnings of the parent company as of December 31, 2024, amounted to RMB 73,520,885.25.
   The Company proposes a cash dividend distribution based on the current total share capital of 31,460,794 shares. A cash dividend of RMB 1.50 per 10 shares (tax inclusive) will be distributed to all shareholders from retained earnings, totaling RMB 4,719,119.10. The final distribution result shall be subject to the calculation by China Securities Depository and Clearing Corporation Limited (CSDC).
2. Voting Result (Common Shares):
   • For: 25,499,450 shares (100%)
   • Against: 0 shares (0%)
   • Abstained: 0 shares (0%)
3. Recusal Status: This proposal did not involve connected transactions. No recusal was required.

(E) Proposal on the 2024 Financial Final Accounts Report

1. Proposal Content: To deliberate the 2024 Financial Final Accounts Report in accordance with relevant legal requirements and the Company’s Articles of Association.
2. Voting Result (Common Shares):
   • For: 25,499,450 shares (100%)
   • Against: 0 shares (0%)
   • Abstained: 0 shares (0%)
3. Recusal Status: This proposal did not involve connected transactions. No recusal was required.

(F) Proposal on the 2025 Financial Budget Report

1. Proposal Content: To deliberate the 2025 Financial Budget Report in accordance with relevant legal requirements and the Company’s Articles of Association.
2. Voting Result (Common Shares):
   • For: 25,499,450 shares (100%)
   • Against: 0 shares (0%)
   • Abstained: 0 shares (0%)
3. Recusal Status: This proposal did not involve connected transactions. No recusal was required.

III. Legal Counsel Verification
(A) Law Firm: Guangdong Rongguan Law Firm
(B) Attorneys: Meng Jun, Wang Xuelian
(C) Conclusive Opinion:

The convening and proceedings of this Shareholders’ Meeting, the qualification of the convenor, the qualifications of the participants, and the voting procedures and results of the Shareholders’ Meeting all complied with the relevant provisions of laws, regulations, normative documents such as the Company Law, the Securities Law, and the Company’s Articles of Association. The resolutions of this Shareholders’ Meeting are legal and valid.

IV. Documents for Reference
(A) Resolution of the 2024 Annual General Meeting of Shareholders of Shenzhen Chunwang New Materials Co., Ltd.
(B) Legal Opinion of Guangdong Rongguan Law Firm on the 2024 Annual General Meeting of Shareholders of Shenzhen Chunwang New Materials Co., Ltd.

Shenzhen Chunwang New Materials Co., Ltd.
Board of Directors
May 16, 2025