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.
On May 13, 2025, shareholder Dong Xiaochun of the Company acquired 420,000 shares through block trading, increasing his individual ownership interest from 28.53% to 29.87%. The aggregate ownership interest held by Mr. Dong and his concert parties consequently rose from 79.93% to 81.27%.
Due to delayed awareness of this transaction, the Company was unable to disclose the aforementioned matter in a timely manner. This supplementary disclosure provides the relevant details. For full particulars, please refer to the?Belated Disclosure: Notification of Variation in Shareholding?(Announcement No.: 2025-009) published by the Company on the designated information disclosure platform of the National Equities Exchange and Quotations (www.neeq.com.cn) on May 16, 2025.
The Company sincerely apologizes for any inconvenience this matter may have caused investors.
Shenzhen Chunwang New Materials Co., Ltd.
Board of Directors
May 16, 2025