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 Shareholding Changes
(1) Changes in Investor Shareholdings

(2) Investor Information

1. Natural Person Details
   • Name:?Dong Xiaochun
   • Gender:?Female
   • Nationality:?Chinese
   • Permanent Overseas Residency:?No
   • Address:?Building 101 (A, B, C, D Buildings), 6th Industrial Zone, Langbei Village, Tongde Community, Baolong Street, Longgang District, Shenzhen, PRC
   • Subject to Joint Punishment for Dishonesty:?No

The Company received notice on 13 May 2025 that shareholder Dong Xiaochun increased her shareholding.

On 13 May 2025, Dong Xiaochun acquired 420,000 Company shares via block trade through the National Equities Exchange and Quotations (NEEQ) system. Prior to this transaction, Dong Xiaochun held 8,976,650 shares (28.53% equity). Post-transaction, her holding stands at 9,396,650 shares (29.87% equity).

As Dong Xiaochun acts in concert with other parties, the aggregate shareholding of the concerted group increased from 79.93% to 81.27%, triggering this disclosure requirement.

II. Subsequent Matters
These shareholding changes do not alter the Company’s largest shareholder or actual controller.

The information discloser published the?Shareholding Change Report of Shenzhen Chunwang New Materials Co., Ltd.?(Announcement No.: 2025-008) on the NEEQ official website (www.neeq.com.cn) on 16 May 2025.

III. Reference Documents

• Shareholding Change Report of Shenzhen Chunwang New Materials Co., Ltd.

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