Yalian Development Co., Ltd.

Announcement on Participating in the 2026 Jilin Area Listed Companies Investor Online Roadshow

Jilin Yalian Development Technology Co., Ltd. announces its participation in the 2026 Jilin Area Listed Companies Investor Online Roadshow. The event aims to enhance communication with investors. Key company executives will discuss performance, governance, and strategy. Investors can join via the "Quan Jing Lu Yan" website, WeChat, or APP.

Announcement on Equity Swap of a Controlled Subsidiary

Jilin Yalian Development plans to swap equity in its controlled subsidiary, Lianmei Da, with its wholly-owned subsidiary, Lianmei Tu. This move aims to optimize resource allocation and consolidate the bio-based materials business. The transaction involves a capital reduction and increase, resulting in Yalian Development holding 100% of Lianmei Da and Lianmei Tu's ownership structure changing to Yalian Development (51%), Yang Wei (24.5%), and Lin Yang (24.5%).

Announcement on Resolutions of the Eighth Meeting of the Seventh Board of Directors

This announcement details the resolutions passed at the eighth meeting of the seventh board of directors of Jilin Yalian Development Technology Co., Ltd. The meeting was held on April 28, 2026, with all 8 directors present. Key decisions included approving the company's first-quarter report for 2026 and a proposal regarding the equity swap of a subsidiary.

2026 First Quarter Report

Announcement on the Progress of Freezing of Controlling Shareholder's Shares and Freezing of Controlling Shareholder's Equity Held by Actual Controller

This announcement details the progress of the freezing of shares held by the controlling shareholder, Dalian Zhili Investment Development (Group) Co., Ltd., and the equity of the controlling shareholder held by the actual controller, Mr. Wang Yongbin. A civil mediation agreement has been reached regarding a loan dispute, with specific repayment obligations and guarantees. The freezing is not expected to change the actual controller or significantly impact operations, but risks to control stability remain if unresolved.

Announcement on Completion of Industrial and Commercial Registration of the Company and its Holding Subsidiary

This announcement details the completion of industrial and commercial registration for the company's legal representative change and its holding subsidiary's equity adjustment. The company's legal representative is now Xue Pu, and Nanjing Lingyun Technology Development Co., Ltd. has completed its equity adjustment. These changes are effective as of April 8, 2026.

Announcement on Partial Release of Shares by Controlling Shareholder

Jilin Yalian Development Technology Co., Ltd. announces the partial release of frozen shares held by its controlling shareholder, Dalian Zhili Investment Development (Group) Co., Ltd. This release involves 50,496,331 shares, representing 96.63% of the shareholder's holdings and 12.85% of the company's total share capital. The release was initiated by the court.

Announcement on Litigation Matters of the Company and its Subsidiaries

This announcement details two ongoing lawsuits involving Jilin Yalian Development Technology Co., Ltd. and its subsidiaries. The first case, filed by subsidiary Nanjing Lingyun, seeks RMB 19.12 million in outstanding project payments. The second, filed by Yalian Development, claims RMB 12 million in delay penalties and RMB 3.58 million in direct losses due to a supplier's defective equipment. The financial impact is currently undetermined as cases are pending trial.

Announcement on the resignation of the Chairman and General Manager and the election of a new Chairman and appointment of a new General Manager

Announcement on Progress of Guarantees for Subsidiaries

Jilin Yalian Development Technology Co., Ltd. announces its progress on providing guarantees for its wholly-owned subsidiary, Dalian Yunqiyuan Trading Co., Ltd. The company signed a guarantee contract with China Everbright Bank Dalian Branch for a 10 million RMB working capital loan. This guarantee is within the company's approved limit and is considered to be within controllable financial risk.

DeHeng Law Offices (Dalian) Legal Opinion on Jilin Yalian Development Technology Co., Ltd.'s 2025 Annual General Meeting

This legal opinion confirms that the convening, holding, and voting procedures of Jilin Yalian Development Technology Co., Ltd.'s 2025 Annual General Meeting were lawful and valid. All resolutions passed, including the 2025 Annual Report and various proposals, met the requirements of relevant laws and the company's articles of association. The meeting's outcomes are deemed legal and effective.

Announcement of the Shareholders' Meeting Resolution for 2025

Announcement on the Resolutions of the Seventh Session of the Seventh Board of Directors

This announcement details the resolutions passed at the seventh meeting of the seventh Board of Directors of Jilin Yalian Development Technology Co., Ltd. Key decisions included the election of Mr. Xue Pu as Chairman and Legal Representative, and the appointment of Mr. Xue Pu as General Manager. The meeting also approved the election of Mr. Wang Lianhong as a member of the Strategy Committee.

Announcement on the Progress of Share Freezing of Controlling Shareholder

This announcement details the progress of the freezing of shares held by the controlling shareholder, Dalian Zhili Investment Development (Group) Co., Ltd. The court has partially lifted the freeze on assets exceeding RMB 10 million. The controlling shareholder's 52.26 million shares remain frozen, but this does not currently affect the company's control or operations.

2025 Annual Report of Independent Director (Chi Weijun - Resignation due to Term Expiration)

This report details the performance of Independent Director Chi Weijun during his tenure in 2025. He diligently fulfilled his duties, attended board and shareholder meetings, and participated in committee work. The report covers his involvement in reviewing financial information, related-party transactions, and director nominations, concluding with his resignation due to term expiration.

2025 Independent Director Performance Report (Li Yanxi)

This report details Li Yanxi's performance as an independent director for Jilin Yalian Development Technology Co., Ltd. during 2025. He attended all board and shareholder meetings, voted in favor of all proposals, and actively communicated with management and stakeholders. The report confirms his compliance with independence requirements and his commitment to protecting shareholder interests.

2025 Annual Performance Report of Independent Director (Gao Wenxiao)

Jilin Yalian Development Technology Co., Ltd. 2025 Independent Director Performance Report (Fu Rong)

This report details the performance of Fu Rong, an independent director of Jilin Yalian Development Technology Co., Ltd., for the year 2025. It covers his attendance at board and shareholder meetings, participation in special committees, and communication with management and shareholders. The director confirms no conflicts of interest and that all decisions were made in compliance with regulations, safeguarding shareholder interests.

Jilin Yalian Development Technology Co., Ltd. 2025 Independent Director Performance Report

This report details the performance of Independent Director Lu Gonghua for the 2025 term at Jilin Yalian Development Technology Co., Ltd. The director attended all board and shareholder meetings, actively participated in committee work, and focused on safeguarding shareholder interests. The director is stepping down due to term expiration and expresses gratitude to the company and shareholders.

Jilin Yalian Development Technology Co., Ltd. Internal Control Audit Report

This report presents the internal control audit for Jilin Yalian Development Technology Co., Ltd. as of December 31, 2025. Da Hua Certified Public Accountants conducted the audit according to relevant standards. The report outlines the responsibilities of the company and the auditors, and acknowledges the inherent limitations of internal controls.

2025 Annual Internal Control Self-Assessment Report

Management System for Remuneration of Directors and Senior Management (March 2026)

This document outlines the remuneration management system for directors and senior management of Jilin Yalian Development Technology Co., Ltd. It establishes principles for determining remuneration, defines the remuneration management bodies, and details the structure and payment of remuneration. The system aims to improve corporate governance, incentivize performance, and ensure sustainable development.

Announcement on Changes to Accounting Policies

Jilin Yalian Development Technology Co., Ltd. announces a change in accounting policies following a notice from the Ministry of Finance regarding the application of accounting treatments after the implementation of the Company Law and Foreign Investment Law. The change, effective June 27, 2025, is not expected to have a material impact on the company's financial position or results. The board deems the change reasonable and compliant with regulations.

Announcement on Provision for Asset Impairment Losses

Jilin Yalian Development Technology Co., Ltd. announced its provision for asset impairment losses totaling RMB 574.32 million for the year ended December 31, 2025. This provision includes RMB 678.03 million for credit impairment losses and RMB 103.71 million for asset impairment losses. The provision is expected to increase the company's net profit attributable to the parent by RMB 492.03 million.

Announcement on Borrowing from Controlling Shareholder and Related Party Transaction

Jilin Yalian Development Technology Co., Ltd. announced a loan extension from its controlling shareholder, Dalian Zhili Investment Development (Group) Co., Ltd. The loan principal is adjusted to RMB 100 million, with an interest rate of 0.95% from July 1, 2026, to June 30, 2027. This transaction is deemed a related party transaction and requires shareholder approval.

Announcement on the Estimated Limit of External Guarantees for Jilin Yalian Development Technology Co., Ltd. and its Subsidiaries in 2026

Jilin Yalian Development Technology Co., Ltd. announces its estimated external guarantee limit for 2026, totaling RMB 120 million. This includes RMB 60 million for subsidiaries with liabilities not exceeding 70% of assets and RMB 60 million for those exceeding 70%. The proposed limit is subject to shareholder approval and aims to support subsidiaries' credit and daily operations.

Announcement on Equity Adjustment of a Subsidiary and Waiver of Preemptive Rights

Jilin Yalian Development Technology Co., Ltd. announces its subsidiary Nanjing Lingyun's equity adjustment. Nanjing Yongsheng will transfer its 28.0072% stake in Nanjing Lingyun to Nanjing Jiewang for RMB 11.204 million. The company waives its preemptive right. This internal adjustment does not affect the company's equity or financial statements.

Notice of the 2025 Annual General Meeting of Shareholders

Jilin Yalian Development Technology Co., Ltd. will hold its 2025 Annual General Meeting of Shareholders on March 31, 2026. The meeting will cover 10 proposals, including the annual report, profit distribution, and director remuneration. Shareholders can vote in person or online.

Announcement on the Failure to Meet Performance Commitments and Performance Compensation of a Subsidiary in 2025

This announcement details the failure of a subsidiary, Unionmeida, to meet its 2025 performance targets. The subsidiary's cumulative net profit for 2024-2025 was RMB 3,355.33 million, falling short of the RMB 3,400 million commitment. Consequently, compensation of RMB 44.67 million is due. The shortfall is attributed to increased R&D investment and new factory construction to enhance long-term competitiveness.

Announcement on the Resolutions of the Sixth Meeting of the Seventh Board of Directors

The Board of Directors of Jilin Yalian Development Technology Co., Ltd. held its sixth meeting, approving the 2025 General Manager's Work Report, the 2025 Annual Report, and the 2025 Board of Directors' Work Report. Key decisions included no cash dividend, bonus shares, or capital reserve increase for 2025. The board also approved internal control evaluations and various proposals for 2026.