*ST Yunwang Co., Ltd.

Announcement on Progress of Related Litigation

Announcement on Progress of Related Litigation Cases

This announcement details the progress of litigation involving Zhongke Yunwang Technology Group Co., Ltd. and its subsidiaries. The company received a first-instance civil judgment ordering its subsidiary, Zhongke Gaopost, to pay RMB 47.7 million plus interest and legal fees to Yangzhou Kechuang Fund. The company and its actual controller are jointly liable. Other ongoing litigation and arbitration matters are also updated.

Announcement on Progress of Application to Revoke Delisting Risk Warning and Other Risk Warnings, and Continuation of Other Risk Warnings

Zhongke Yunwang applied to revoke delisting risk warnings and other risk warnings. The Shenzhen Stock Exchange is reviewing the application, which is currently in the supplementary materials stage. The outcome remains uncertain. The company will fulfill its information disclosure obligations as the application progresses. Investors are advised to invest rationally and be aware of risks.

2026 Plan for Director and Senior Management Remuneration

This document outlines the 2026 remuneration plan for directors and senior management of Zhongke Yunwang Technology Group Co., Ltd. It details the applicable scope, duration, and specific remuneration standards based on roles, performance, and company conditions. The plan aims to align compensation with company performance and individual contributions.

Legal Opinion from Beijing Dadi Law Firm on the 2025 Annual Shareholders' Meeting of Zhongke Yunwang Technology Group Co., Ltd.

Zhongke Yunwang Technology Group Co., Ltd. 2025 Annual General Meeting Resolution Announcement

This announcement details the resolutions passed at Zhongke Yunwang Technology Group's 2025 Annual General Meeting. Key decisions included approving the 2025 Board of Directors' Work Report, the 2025 Annual Report, the 2025 Financial Report, and the 2025 Profit Distribution Proposal. All proposals were passed as ordinary resolutions, with significant shareholder approval.

Announcement on Holding the 2025 Online Performance Briefing

Zhongke Yunwang Technology Group Co., Ltd. will hold an online performance briefing on April 29, 2026, to communicate with investors about its 2025 performance and financial status. The event will be held on the "Interactive Easy" platform provided by the Shenzhen Stock Exchange. Investors can submit questions in advance.

Announcement on Independent Director Obtaining Training Certificate

This announcement confirms that Ms. Deng Aiqiong has obtained her Independent Director Training Certificate from the Shenzhen Stock Exchange. She was elected as an independent director on December 29, 2025, and had previously committed to completing the training. This fulfills a requirement for her position.

Announcement on the Progress of Related Litigation Cases

Resolution Announcement of the 6th Board of Directors' 3rd (Extraordinary) Meeting in 2026

The company's board of directors approved a proposal to apply for the removal of delisting risk warnings and other risk warnings related to financial indicators and audit opinions. While the application aims to lift these warnings, the company will continue to be subject to other risk warnings due to an unresolved lawsuit regarding the freezing of its bank accounts. The board unanimously passed the resolution.

Announcement on Applying to Revoke Delisting Risk Warning and Other Risk Warnings Due to Financial Indicators and Audit Opinion Type, and Continuing to Implement Other Risk Warnings

Zhongke Yunwang is applying to revoke its delisting risk warning and other risk warnings related to financial indicators and audit opinions. The company's 2025 financial report meets the conditions for revoking these warnings. However, due to a frozen bank account, it will continue to be subject to other risk warnings. The application requires SZSE approval and its outcome is uncertain.

Audit Report on the Explanation of Accounting Error Corrections

2025 Third Quarterly Report (Corrected)

This report presents the corrected financial results for the third quarter of 2025. Key figures include operating revenue of 99,027,163.84 yuan and a net loss attributable to parent company shareholders of -20,156,779.28 yuan. The company's total assets were 759,235,946.38 yuan, with total liabilities of 691,613,458.04 yuan. The report confirms the financial statements were not audited.

2025 First Quarter Report (Corrected)

2025 Semi-Annual Report (Corrected)

Summary of the 2025 Semi-Annual Report (Corrected)

Announcement on Correction of Accounting Errors

Zhongke Yunwang Technology Group Co., Ltd. is correcting accounting errors in its 2025 first, second, and third quarter reports. The company will change its revenue recognition method for battery cell business from the gross method to the net method. This correction impacts revenue and cost reporting but does not affect total assets, net assets, or cash flows. The company has obtained approval from its audit committee and board of directors.

Announcement on Re-appointment of Accounting Firm

Zhongke Yunwang Technology Group Co., Ltd. proposes to re-appoint Liantao Certified Public Accountants (Special General Partnership) as its financial statement and internal control auditor for 2026. The decision follows approval by the Audit Committee and the Board of Directors. The appointment is subject to shareholder approval, with management authorized to finalize audit fees.

2025 Annual Independent Director Performance Report (Deng Aiqiong)

This report details Independent Director Deng Aiqiong's performance for 2025. She attended board and shareholder meetings, served on various committees, and maintained independence. The company provided support through policies and training. Deng Aiqiong affirmed her commitment to fulfilling her duties diligently and protecting shareholder interests.

2025 Annual Report of Independent Director (Li Zhen)

This report details the performance of Independent Director Li Zhen for the year 2025. Li Zhen attended all required meetings, actively participated in discussions, and provided independent opinions on company matters. The report confirms Li Zhen's independence and compliance with relevant regulations, ensuring the protection of shareholder interests.

2025 Annual Independent Director's Performance Report (Yao Yong)

This report details the performance of Independent Director Yao Yong for the 2025 term. It confirms compliance with independence requirements and outlines his active participation in board and shareholder meetings, as well as committee work. The director provided objective opinions and suggestions, contributing to the company's sound operation and safeguarding shareholder interests.

2025 Annual Report of Independent Director's Work (Xu Xiaoge)

2025 Annual Internal Control Audit Report

2025 Annual Self-Evaluation Report on Internal Control

Compensation Management System for Directors and Senior Management (April 2026)

2025 Board of Directors Work Report

The report details the company's 2025 performance, focusing on its catering and new energy solar businesses. Despite a revenue increase of 12.61% to 33,271.86 million yuan, the company incurred a net loss of 5,536.73 million yuan. The catering segment saw a 12.62% revenue decrease, while the solar business grew by 26.17%. The report also outlines the board's operational activities and meeting summaries.

China Cloud Network 2025 Annual Financial Report

This report presents China Cloud Network's 2025 financial results, audited by Lian Da Certified Public Accountants. Key figures show revenue increased by 12.61% to 33,271.86 million yuan, driven by new solar frame business. However, net profit attributable to shareholders was a loss of -5,536.73 million yuan, a 66.14% increase in loss, mainly due to asset impairment losses. Total assets grew 5.52% to 89,082.55 million yuan.

Announcement on Accruing Asset Impairment Provisions for 2025

Zhongke Yunwang Technology Group Co., Ltd. announces its decision to accrue asset impairment provisions totaling RMB 7,616.66 million for 2025. This action reflects a comprehensive review of assets and is based on prudence and compliance with accounting standards. The provisions will reduce the company's 2025 profit before tax.

Announcement on the Appointment of the Company's Securities Affairs Representative

Zhongke Yunwang Technology Group Co., Ltd. announces the appointment of Mr. Feng Peng as the Company's Securities Affairs Representative. This decision was made during the Sixth Board of Directors' Second (Extraordinary) Meeting in 2026. Mr. Feng Peng possesses the necessary qualifications and experience for the role, and his appointment is effective immediately until the end of the current board's term.

Notice of Convening the 2025 Annual Shareholders' Meeting

Zhongke Yunwang Technology Group Co., Ltd. announces the convening of its 2025 Annual Shareholders' Meeting on April 28, 2026. The meeting will discuss proposals including the 2025 Board of Directors' Work Report, annual report, financial statements, and profit distribution. Shareholders can attend in person or vote online.

Announcement of Resolutions from the Second (Temporary) Meeting of the Sixth Board of Directors in 2026

Announcement on Proposed Non-Distribution of Profits for 2025

Zhongke Yunwang Technology Group Co., Ltd. announces its 2025 profit distribution proposal, which includes no cash dividends, no bonus shares, and no capital reserve transfer to share capital. This proposal is due to the company's negative distributable profits and is subject to shareholder approval. The decision aims to support the company's ongoing operations and development.

2026 First Quarter Report

Special Statement on the Elimination of Matters Related to the 2024 Financial Statement Non-Standard Audit Opinion in 2025

This report details the elimination of issues that led to a non-standard audit opinion for Zhongke Yunwang's 2024 financial statements. The company received a 150 million RMB capital injection and debt waiver from its controlling shareholder. As a result, the company's net assets turned positive, and its current assets now exceed current liabilities, resolving the going concern uncertainty.

Board of Directors' Special Report on the Elimination of Matters Related to the Issuance of a Non-Standard Audit Opinion Report for the Company's 2024 Financial Statements in 2025

This report details the company's efforts to resolve issues that led to a non-standard audit opinion for its 2024 financial statements. Key actions include a capital injection and debt waiver totaling RMB 150 million, improving net assets to RMB 76.6762 million. Despite liquidity challenges at a subsidiary, the company's overall operational status has improved, leading the board to conclude that the uncertainties have been eliminated.

Special Audit Opinion on Revenue Deduction

Evaluation Report on the Performance of the Accounting Firm for 2025

This report evaluates the performance of Liantong Certified Public Accountants (Special General Partnership) as the company's auditor for 2025. The evaluation covers the firm's basic information, adherence to procedures, and assessment of its independence, professional competence, audit plan, and audit procedures. The company concludes that the firm fulfilled its duties diligently and professionally.

Report of the Audit Committee on the Performance of Supervisory Duties for the Accountant Firm in 2025

The Audit Committee of Zhongke Yunwang Technology Group Co., Ltd. reports on its supervision of the accounting firm for 2025. It confirms the firm's qualifications and independence, details the audit process and outcomes, and concludes that the firm performed its duties diligently and independently, issuing a standard unqualified opinion.

Special Audit Report on the Summary Statement of Non-Operating Fund Occupation and Other Related Party Fund Transactions

This report details a special audit of Zhongke Yunwang Technology Group Co., Ltd.'s non-operating fund occupation and related party fund transactions for 2025. The audit confirms that the summary statement aligns with the audited financial statements. The report is intended for the company's 2025 annual report disclosure and other purposes are prohibited.

Summary of Listed Company's Non-Operating Fund Occupation and Other Related Party Transactions in 2025

This table summarizes the non-operating fund occupation and other related party transactions for listed companies in 2025. It details fund occupation by controlling shareholders and related parties, as well as other related party transactions. Key figures include beginning and ending balances, accumulated amounts, and interest for both fund occupation and transactions. The data provides insights into financial relationships and fund flows with related entities.

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

2025 Annual Audit Report

2025 Annual Report

Zhongke Yunnantong Technology Group Co., Ltd. 2025 Annual Report Summary

This report summarizes Zhongke Yunnantong Technology Group's 2025 performance, highlighting its dual business segments: catering and new energy photovoltaic frames. The catering segment saw a 12.62% revenue decrease, while the photovoltaic frame segment experienced 100% growth, reaching 190.595 million yuan. The company is adjusting its revenue recognition method from gross to net for certain photovoltaic products.

Announcement on the Progress of the 2025 Annual Report Preparation and Audit

Fourth Risk Warning Announcement Regarding the Possible Termination of Listing of the Company's Shares

Announcement on the Progress of the Preparation and Audit of the 2025 Annual Report

This announcement details the progress of the preparation and audit of the 2025 annual report for Zhongke Yunwang Technology Group Co., Ltd. It addresses the impact of previous audit reports and ongoing audit work. The company is actively working with its auditor, Lianda Certified Public Accountants, to finalize the report, with the scheduled disclosure date approaching.

Third Risk Warning Announcement Regarding Possible Termination of Listing of Company Shares

Announcement on Amendments to the Articles of Association and Adjustment of Personnel Positions

The company is amending its Articles of Association to optimize its management structure and streamline its hierarchy. The position of Vice President will be eliminated, and the definition of senior management will be adjusted accordingly. This internal adjustment is expected to have no significant impact on the company's operations.

Announcement on the Progress of the 2025 Annual Report Preparation and Audit

This announcement details the progress of the 2025 annual report preparation and audit for Zhongke Yunwang Technology Group Co., Ltd. The company is addressing risk warnings related to its financial performance and audit opinions. The audit is ongoing, with the final report pending. The company emphasizes that all information will be based on the officially disclosed audited report.

Beijing Dadi Law Firm's Legal Opinion on Zhongke Yunwang Technology Group Co., Ltd.'s 2026 First Extraordinary General Meeting

This legal opinion confirms that the convening, holding, and voting procedures of Zhongke Yunwang Technology Group Co., Ltd.'s 2026 First Extraordinary General Meeting were lawful and valid. All resolutions, including amendments to the Articles of Association and various management rules, were passed in accordance with relevant laws and regulations. The qualifications of the conveners and attendees were also deemed compliant.

Announcement of Resolutions from the First Extraordinary General Meeting of Shareholders in 2026

This announcement details the resolutions passed at Zhongke Yunwang's first extraordinary general meeting of shareholders in 2026. The meeting addressed amendments to the Articles of Association, Board of Directors' Meeting Rules, and other governance documents. All proposed resolutions were approved by a significant majority of shareholders, with the meeting proceedings deemed legal and valid.