Sun Cable Co., Ltd.

Announcement on the Implementation of Share Reduction by Shareholders Holding Over 5%

Announcement on Shareholding Reduction by Shareholder Exceeding 5% Reaching a 1% Multiple

Fujian Nanping Solar Cable Co., Ltd. announces that Fujian Yili Group Co., Ltd., a shareholder holding over 5% of the company's shares, has reduced its holdings. The reduction, conducted via block trades and open market transactions, has reached a multiple of 1% of the company's total share capital. Following the reduction, Yili Group's shareholding is now 10.40%.

Management System for Temporary Suspension and Exemption of Information Disclosure

This document outlines the management system for temporary suspension and exemption of information disclosure by Fujian Nanping Sun Cable Co., Ltd. and its information disclosure obligors. It aims to standardize these actions, ensure compliance with laws and regulations, and protect the interests of the company, shareholders, and investors. The system details applicable circumstances, internal procedures, and accountability measures for managing such disclosures.

Announcement of Resolutions of the Sixth Meeting of the Eleventh Board of Directors

Fujian Nanping Sun Cable Co., Ltd. held its sixth meeting of the eleventh board of directors on April 28, 2026. The meeting reviewed and approved the Q1 2026 report and the "Information Disclosure Suspension and Exemption Management System" by unanimous vote. The resolutions were previously approved by the Audit Committee.

Q1 2026 Report

Announcement on Pre-disclosure of Share Reduction by Shareholder Holding Over 5% and Its Concerted Parties

Fujian Nanping Sun Cable Co., Ltd. announces that its shareholder Xiamen Xiangyu Group Co., Ltd. and its concerted party plan to reduce shares by no more than 21,670,011 shares, representing 3% of the total share capital. The reduction will occur within 3 months after 15 trading days from the announcement date, via centralized bidding or block trading. The reason is for the shareholder's own operational needs.

Announcement on the Company's Use of Own Funds for Cash Management

Fujian Nanping Taiyang Cable Co., Ltd. plans to use up to RMB 200 million of idle self-owned funds for cash management. The purpose is to improve fund utilization and increase returns. The investment will be in low-risk wealth management products with maturities not exceeding 12 months. The board has authorized the chairman to make investment decisions.

Announcement on the Proposed Re-appointment of Huaxing Certified Public Accountants (Special General Partnership) as the Company's 2026 Auditors

This announcement details the proposed re-appointment of Huaxing Certified Public Accountants (Special General Partnership) as the auditor for Fujian Nanping Taiyang Cable Co., Ltd. for the 2026 fiscal year. The appointment has been reviewed and approved by the Audit Committee and the Board of Directors, and will be submitted for shareholder approval. The firm meets regulatory requirements and has a history of providing services to the company.

Independent Director's 2025 Annual Performance Report (Chen Aizhen)

This report details the performance of Independent Director Chen Aizhen for 2025. It covers attendance at board and committee meetings, fulfillment of duties, and communication with auditors. The director actively participated in reviewing proposals, ensuring compliance, and safeguarding shareholder interests, concluding that the company operated normally and developed steadily.

Independent Director's 2025 Annual Performance Report

This report details the performance of an independent director for Fujian Nanping Sun Cable Co., Ltd. in 2025. The director focused on maintaining independence, attending board and committee meetings, and reviewing company operations and disclosures. Key actions included approving a related-party asset sale and reviewing periodic financial reports, ensuring compliance and protecting shareholder interests.

Independent Director 2025 Annual Performance Report (Liang Mingyu)

This report details the independent director's performance in 2025, focusing on fulfilling duties, attending meetings, and exercising independent judgment. The director actively participated in board and committee meetings, reviewed proposals, and provided opinions to safeguard shareholder interests. The report confirms the director's independence and commitment to corporate governance and shareholder rights.

Independent Director's 2025 Annual Performance Report (Xu Yongdong)

This report details the independent director's performance in 2025, focusing on maintaining independence, attending board and committee meetings, and safeguarding shareholder interests. The director actively participated in decision-making, reviewed financial reports, and provided independent opinions on significant matters, ensuring compliance and promoting company governance.

Independent Director 2025 Annual Performance Report (Xu Zhaoji, Former)

This report details the performance of an independent director for Fujian Nanping Solar Cable Co., Ltd. during 2025. The director fulfilled their duties by attending board and committee meetings, reviewing proposals, and providing independent opinions to safeguard shareholder interests. The director's term concluded in May 2025 due to board elections.

2025 Annual Report of Independent Directors (Yan Mengkun, resigned)

Announcement on Holding the 2025 Online Performance Briefing

Fujian Nanping Sun Cable Co., Ltd. will hold an online performance briefing on April 14, 2026, to discuss its 2025 annual report and operational performance. Investors can participate via the P5W.net platform. Questions can be submitted in advance by April 13, 2026.

Fujian Nanping Taiyang Cable Co., Ltd. 2025 Corporate Social Responsibility Report

This report details Fujian Nanping Taiyang Cable Co., Ltd.'s 2025 corporate social responsibility initiatives. The company focuses on product quality, customer satisfaction, employee welfare, and environmental protection. Key achievements include maintaining a strong market position, investing in employee training, and implementing energy-saving measures. The company also highlights its commitment to public welfare and community support.

Internal Control Audit Report

2025 Annual Self-Evaluation Report on Internal Control

Futures and Derivatives Trading Management System

This document outlines the management system for futures and derivatives trading by Fujian Nanping Sun Cable Co., Ltd. and its subsidiaries. It establishes principles for legal, prudent, safe, and effective trading, primarily for hedging risks related to production and operations. The system details organizational structure, responsibilities, approval procedures, and risk management protocols to ensure compliance and mitigate potential losses.

Securities Investment Management System

This document outlines the management system for securities investments by Fujian Nanping Solar Cable Co., Ltd. and its subsidiaries. It establishes principles for investment decision-making, risk control, and information disclosure, aiming to protect investor rights and company interests. The system specifies approval thresholds for investments based on net assets and mandates adherence to relevant laws and regulations.

对外投资管理制度 (External Investment Management System)

This document outlines the management system for external investments by Fujian Nanping Taiyang Cable Co., Ltd. It details the principles, organizational structure, decision-making authority, and reporting requirements for all external investment activities. The system aims to standardize procedures, enhance investment decision-making, manage risks, and protect the company's assets and interests.

Insider Information Insider Registration Management System

This document outlines the registration management system for insiders of insider information at Fujian Nanping Solar Cable Co., Ltd. It aims to improve information disclosure, prevent insider trading, and protect investor rights. The system details the scope of insider information, registration procedures, and the responsibilities of insiders. It ensures accurate and timely reporting of insider information to regulatory bodies.

Cash Management System

This document outlines the Cash Management System for Fujian Nanping Taiyang Cable Co., Ltd. and its subsidiaries. It details the principles, decision-making procedures, internal controls, and risk management for optimizing the use of idle funds while ensuring operational continuity and capital safety. The system aims to enhance fund utilization efficiency and prevent financial risks.

Compensation Management System for Directors and Senior Management

This document outlines the compensation management system for directors and senior management of Fujian Nanping Sun Cable Co., Ltd. It establishes principles for determining compensation based on company performance, market conditions, and individual contributions, aiming to align interests and maximize shareholder value. The system details the roles of the Compensation and Assessment Committee, decision-making processes, and mechanisms for compensation adjustment and recovery.

Announcement on Company's Application for Financing Quota from Financial Institutions

Fujian Nanping Sun Cable Co., Ltd. announced its board of directors approved applying for a comprehensive credit line of up to RMB 5 billion from financial institutions. This financing is intended to support normal operations and future development. The credit line will be valid from the approval date of the 2025 Annual General Meeting until June 30, 2027. The proposal requires shareholder approval.

Feasibility Analysis Report on Hedging Operations

Fujian Nanping Taiyang Cable Co., Ltd. proposes to conduct hedging operations for copper and aluminum futures to mitigate raw material price volatility. The company will use its own funds, not exceeding RMB 150 million in margin for 2026, and will adhere to strict risk control measures and internal policies. This initiative aims to stabilize production costs and profit margins, enhancing the company's competitiveness.

Announcement on Carrying Out Commodity Futures Hedging Business

Fujian Nanping Sun Cable Co., Ltd. will conduct commodity futures hedging for copper and aluminum to mitigate price fluctuation risks. The company plans to use up to RMB 150 million in margin, sourced from its own funds, for hedging activities over 12 months. This initiative aims to stabilize production costs and will be managed under a strict internal control system.

Announcement on Providing Guarantee for Subsidiary Baotou Taiyangduola Cable Co., Ltd.

Fujian Nanping Taiyang Cable Co., Ltd. will provide a joint liability guarantee for its subsidiary, Baotou Taiyangduola Cable Co., Ltd., for credit facilities and loans totaling up to RMB 100 million. The guarantee period is one year, from July 1, 2026, to June 30, 2027. The board of directors has authorized the chairman to sign the relevant agreements. The company believes this is in its overall interest and within controllable risk.

Notice of Convening the 2025 Annual General Meeting

Fujian Nanping Sun Cable Co., Ltd. announces the 2025 Annual General Meeting on May 13, 2026. The meeting will cover the 2025 work report, financial report, profit distribution plan, and auditor appointment. Shareholders can attend in person or vote online.

Resolution Announcement of the Fifth Meeting of the Eleventh Board of Directors

The Board of Directors of Fujian Nanping Sun Cable Co., Ltd. held its fifth meeting of the eleventh term. The meeting reviewed and approved the 2025 President's Work Report, the 2025 Board of Directors' Work Report, and the 2025 Annual Report. Key decisions included the 2025 profit distribution plan and the appointment of auditors.

Announcement on the 2025 Profit Distribution Plan

Fujian Nanping Sun Cable Co., Ltd. announces its 2025 profit distribution plan. The company proposes a cash dividend of RMB 0.70 per 10 shares, totaling RMB 50,563,359.00. This plan is based on the company's net profit and retained earnings, ensuring stable shareholder returns while supporting sustainable development. The proposal will be submitted to the 2025 annual general meeting for approval.

Special Report on Securities Investment

This report details Fujian Nanping Sun Cable Co., Ltd.'s securities investment activities for 2025. The company utilized idle internal funds, not exceeding RMB 20 million, for stock investments and new share subscriptions. The report confirms no violations of internal controls or regulations, with investments primarily in stocks and new share placements.

Report on the Evaluation of the Performance of the Accounting Firm in 2025

This report evaluates the performance of Huaxing Certified Public Accountants (Special General Partnership) as the company's auditor for 2025. The evaluation covers the firm's basic information, professional conduct, appointment procedures, and quality management. The company concluded that Huaxing possesses the necessary qualifications and experience to conduct financial statement and internal control audits, meeting the company's requirements for independence and information security.

Board of Supervisors Audit Committee Report on the Supervisor's Fulfillment of Responsibilities for the Accountant Firm in 2025

The Audit Committee of Fujian Nanping Sun Cable Co., Ltd. supervised the work of Huaxing Certified Public Accountants (Special General Partnership) in 2025. The committee reviewed the firm's qualifications, conducted pre-audit communication, monitored the audit process, and evaluated the financial statements. The committee concluded that Huaxing CPAs fulfilled its duties independently and professionally, issuing an objective audit report.

Special Explanation on Non-Operating Fund Occupation and Other Related Party Fund Transactions

This report details the non-operating fund occupation and other related party fund transactions of Fujian Nanping Taiyang Cable Co., Ltd. for the year 2025. It confirms that the management has prepared the summary table as required by regulatory guidelines. The auditor has cross-checked the data with the audited financial statements and found no material inconsistencies, concluding that the information is true, accurate, and complete.

Summary table of non-operating fund occupation and other related fund transactions

Board of Directors' Special Report on the Independence Self-Inspection of Independent Directors

The Board of Directors of Fujian Nanping Solar Cable Co., Ltd. conducted a special report on the independence of its four independent directors. The report confirms that the directors meet the independence requirements stipulated by relevant regulations, have no undisclosed conflicts of interest, and their performance is independent.

2025 Annual Audit Report

2025 Annual Report

Fujian Nanping Sun Cable Co., Ltd. 2025 Annual Report Summary

This is a summary of Fujian Nanping Sun Cable Co., Ltd.'s 2025 annual report. The company's total assets increased by 3.37% to ¥6,397,992,704.52, and net profit attributable to shareholders decreased by 8.54% to ¥83,145,345.95. The company announced a cash dividend of ¥0.7 per 10 shares. The report also details the company's business, financial performance, and shareholder structure.

Announcement on Expiration and Implementation of Share Reduction Plan by Shareholder Holding Over 5% and Its Concerted Parties

Fujian Nanping Sun Cable Co., Ltd. announces the expiration of a share reduction plan by its shareholder, Xiamen Xiangyu Group Co., Ltd., and its concerted parties. The plan aimed to reduce up to 3% of the company's total share capital. The actual reduction was 2.16%, totaling 1,559.9616 million shares, which was within the disclosed scope and complied with regulations.

Announcement on Shareholding Reduction by Shareholder Exceeding 5% Reaching Integer Multiples of 1%

Fujian Nanping Taiyang Cable Co., Ltd. announces that its shareholder, Fujian Yili Group Co., Ltd., has reduced its stake, triggering an integer multiple of 1% of the total share capital. The reduction, totaling 703.5 million shares (0.98% of total share capital), was conducted via centralized bidding and block trading. This action is consistent with the previously disclosed shareholding reduction plan.

Announcement on Shareholding Reduction by Shareholder Exceeding 5% Reaching a 1% Multiple

Fujian Nanping Taiyang Cable Co., Ltd. announces that its shareholder, Fujian Yili Group Co., Ltd., has reduced its stake by 0.52% through centralized bidding, reaching a 1% multiple of the total share capital. This reduction is in line with the previously disclosed shareholding reduction plan. The shareholder's stake has decreased from 13.36% to 12.84%.