Zhongrui Co., Ltd.

Announcement on Abnormal Stock Trading Fluctuations

This announcement addresses the abnormal stock trading fluctuations of Shandong Zhongrui Industrial Development Co., Ltd. The company confirms no material undisclosed information exists. It highlights risks including market overheating, irrational speculation, and potential stock price declines. Financial performance shows a net loss in 2025 and Q1 2026, with risks in the packaging business due to weak consumer demand and volatile raw material prices. Significant outstanding receivables from landscaping projects pose a severe financial burden.

Statement and Commitment of Independent Director Candidate (Wang Zhiping)

This document is a declaration and commitment from Wang Zhiping, a candidate for independent director of Shandong Zhongrui Industrial Development Co., Ltd. The candidate confirms they meet all legal and regulatory requirements for the position, have no conflicts of interest, and understand their duties. This statement is a prerequisite for their nomination and appointment to the company's board.

Statement and Commitment of Independent Director Nominee (Zhu Yu)

This document is a statement and commitment from the nominator regarding the nomination of Zhu Yu as an independent director candidate for the seventh board of directors. The nominator confirms that the nominee meets all legal and regulatory requirements for an independent director and has no conflicts of interest. The nominee also makes specific commitments regarding their qualifications and conduct.

Statement and Commitment of Independent Director Candidate (Zhu Yu)

This document is a statement and commitment from Zhu Yu, a candidate for independent director of Shandong Zhongrui Industrial Development Co., Ltd. The candidate confirms they meet all qualifications and independence requirements for the role, agreeing to fulfill duties diligently and ethically, and accepting legal responsibility for any misrepresentations.

Statement and Commitment of Independent Director Nominee (Wang Zhiping)

This document is a statement and commitment from the nominator regarding the nomination of Wang Zhiping as an independent director candidate for Shandong Zhongrui Industrial Development Co., Ltd. The nominator confirms that the candidate meets all legal and regulatory requirements for an independent director, has no conflicts of interest, and possesses the necessary qualifications and experience. The nominee has also provided written consent for this nomination.

Announcement on the Change of Independent Directors

Shandong Zhongrui Industrial Development Co., Ltd. announces the resignation of independent directors Liu Shengjun and Guo Bin due to personal reasons. The company will nominate Wang Zhiping and Zhu Yu as new independent director candidates. Their appointments are subject to shareholder approval and regulatory review.

Notice of the Second Extraordinary General Meeting of Shareholders in 2026

Shandong Zhongrui Industrial Development Co., Ltd. announces its Second Extraordinary General Meeting of Shareholders in 2026, to be held on June 5, 2026. The meeting will elect two independent directors. Shareholders can vote in person or via online platforms. The registration deadline is June 1, 2026.

Announcement of Resolutions of the Fifth Meeting of the Seventh Board of Directors

The company held its fifth Board of Directors meeting, approving the nomination of two independent director candidates and the convening of the second extraordinary general meeting in 2026. The meeting was attended by all 9 directors, with resolutions passed unanimously. The proposed independent directors will serve until the end of the current board term, pending shareholder approval.

Announcement on Participating in the 2026 Shandong Region Listed Companies Investor Online Roadshow

Shandong Zhongrui Industrial Development Co., Ltd. announces its participation in the "2026 Shandong Region Listed Companies Investor Online Roadshow" organized by Shandong Securities Regulatory Bureau, Shandong Listed Companies Association, and Shenzhen All-Round Network Co., Ltd. The event aims to enhance investor interaction and will be held online on May 15, 2026. Investors can participate via the "All-Round Roadshow" website, WeChat public account, or APP.

Allbright Law Offices' Legal Opinion on Shandong Zhongrui Industrial Development Co., Ltd.'s 2025 Annual Shareholders' Meeting

This legal opinion confirms that the 2025 Annual Shareholders' Meeting of Shandong Zhongrui Industrial Development Co., Ltd. was convened and conducted in compliance with relevant laws and regulations. All resolutions, including the 2025 Board of Directors' Work Report and the 2025 Profit Distribution Proposal, were passed with significant majority support from attending shareholders. The meeting's procedures and outcomes are deemed legal and valid.

Announcement on the Resolution of the 2025 Annual Shareholders' Meeting

This announcement details the resolutions passed at Shandong Zhongrui Industrial Development Co., Ltd.'s 2025 Annual Shareholders' Meeting. The meeting approved all proposals, including the 2025 Work Report, profit distribution plan, and the appointment of accounting firms. All procedural and voting requirements were met, with resolutions passing with significant majority support.

Announcement on Holding the 2025 Online Performance Briefing

Shandong Zhongrui Industrial Development Co., Ltd. will hold an online performance briefing for its 2025 annual report on May 8, 2026. The briefing aims to help investors understand the company's 2025 annual report and operating conditions. Investors can participate and submit questions in advance.

2026 First Quarter Report

Announcement on Pledge of Shares by Controlling Shareholder

Shandong Zhongrui Industrial Development Co., Ltd. announces that its controlling shareholder, Suzhou Ruichang Investment Management Co., Ltd., has pledged 5,000,000 shares, representing 0.46% of the company's total share capital. This pledge is for credit enhancement purposes and is not expected to materially affect the company's operations or governance. The controlling shareholder has sufficient repayment ability.

Announcement on the Results of Share Repurchase and Changes in Share Capital

Shandong Zhongrui Industrial Development Co., Ltd. announces the completion of its share repurchase program. The company repurchased 10,900,000 shares, representing 1.00% of the total share capital, at an average price of 3.35 yuan/share. The repurchased shares will be used for employee stock ownership plans or equity incentives.

Announcement on Requesting Shareholders' Meeting to Authorize Board of Directors to Decide on Issuance of Shares to Specific Targets via Simplified Procedures

Shandong Zhongrui Industrial Development Co., Ltd. is seeking shareholder approval to authorize its board of directors to issue shares to specific targets via simplified procedures. The issuance aims to raise no more than RMB 300 million, not exceeding 20% of net assets as of the previous year-end. The authorization period is from the 2025 to the 2026 annual general meeting.

Announcement on Re-appointment of Accounting Firm

Shandong Zhongrui Industrial Development Co., Ltd. announces its intention to re-appoint He Xin Certified Public Accountants (Special General Partnership) as its financial statement and internal control auditor for 2026. The decision was approved by the Board of Directors and will be submitted to the 2025 Annual General Meeting for approval. The firm has a good track record and meets the company's service requirements.

Announcement on Uncovered Losses Exceeding One-Third of Share Capital

Shandong Zhongrui Industrial Development Co., Ltd. announces that its uncovered losses have exceeded one-third of its share capital as of December 31, 2025. This is primarily due to a RMB 137.35 million impairment loss recognized in 2025, mainly from unrecoverable receivables in its landscaping business. The company plans to address this by accelerating the collection of landscaping receivables and exploring overseas markets for its packaging technology business.

Independent Director's Work Report for 2025 (Zhu Yongxin - Resignation)

2025 Annual Report of Independent Director (Qian Zhi'ang - Resignation)

This report details the performance of Qian Zhi'ang as an independent director of Shandong Zhongrui Industrial Development Co., Ltd. during 2025. It covers his background, attendance at board and shareholder meetings, communication with internal audit and accounting firms, and engagement with small and medium investors. The report concludes with an overall positive evaluation of his diligent fulfillment of duties and contribution to the company's development.

Shandong Zhongrui Industrial Development Co., Ltd. 2025 Annual Independent Director Performance Report (Guo Bin)

This report details Independent Director Guo Bin's performance for Shandong Zhongrui Industrial Development Co., Ltd. in 2025. Guo Bin attended all required meetings, actively participated in committee work, and maintained independent judgment. The report confirms no issues affecting independence and highlights efforts to protect shareholder interests, particularly minority shareholders.

2025 Annual Report of Independent Director (Zheng Xianhong)

This report details Independent Director Zheng Xianhong's performance from November 12, 2025, to April 16, 2026. He focused on financial reporting and internal controls, attending all required meetings and actively participating in committee work. He ensured compliance with regulations and protected shareholder interests, particularly those of small and medium shareholders.

2025 Annual Independent Director's Performance Report (Liu Shengjun)

This report details Independent Director Liu Shengjun's performance for 2025. He attended all required meetings, actively participated in deliberations, and provided professional advice. He confirmed no conflicts of interest and that his independence was not compromised. The report concludes he fulfilled his duties diligently, safeguarding shareholder interests.

Internal Control Audit Report

This report presents the internal control audit opinion for Shandong Zhongrui Industrial Development Co., Ltd. for the year ending December 31, 2025. The audit was conducted by Hexin Certified Public Accountants. The report concludes that, in all material respects, the company maintained effective financial reporting internal controls according to the relevant regulations.

2025 Annual Internal Control Self-Assessment Report

This report details Shandong Zhongrui Industrial Development Co., Ltd.'s internal control assessment as of December 31, 2025. The assessment covers financial and non-financial reporting controls, concluding that no major deficiencies were found in either area. The company believes its financial reporting internal controls are effective in all material respects.

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

This document outlines the compensation management system for directors and senior management of Shandong Zhongrui Industrial Development Co., Ltd. It establishes principles for fair and competitive compensation, linking it to performance, responsibilities, and long-term company development. The system details the composition of compensation, the management structure, and the procedures for its implementation and adjustment.

Announcement on Changes in Accounting Policies

Announcement on Provision for Asset Impairment in 2025

Shandong Zhongrui Industrial Development Co., Ltd. announces its 2025 provision for asset impairment, totaling RMB 137.35 million, which will reduce the company's 2025 profit by the same amount. The provision covers receivables, inventory, and contract assets, with specific details provided for each category. The Audit Committee and the Board of Directors have reviewed and approved the provision, deeming it compliant with accounting standards and beneficial for reflecting the company's financial status.

Announcement on Estimated Annual Related Party Transactions for 2026

Shandong Zhongrui Industrial Development Co., Ltd. announces its estimated related party transactions for 2026. The company expects to lease, receive services, and sell goods with Zhongrui Holdings Group, and borrow funds up to RMB 550 million. It also anticipates purchasing raw materials from Chengdu Haitongchuan Technology. These transactions are based on market prices and are deemed necessary for normal operations without harming shareholder interests.

Resolution of the First Special Meeting of Independent Directors of the Seventh Board of Directors

The Seventh Board of Directors of Shandong Zhongrui Industrial Development Co., Ltd. held its first special meeting of independent directors. The meeting approved the proposal on the estimated daily related transactions for 2026. The related transactions will be priced based on market prices and will not affect the company's normal operations or independence.