Mengjie Co., Ltd.

Reminder Announcement on Shareholders Holding More Than 5% Reducing to Below 5% and Change in Equity

Simplified Report on Changes in Equity

This report details a reduction in equity interest by Li Jianwei in Hunan Mengjie Home Textile Co., Ltd. The change involved the sale of 2,370,010 shares, reducing his stake from 5.31693% to 4.99999%. This transaction was conducted via centralized bidding on the secondary market. Li Jianwei is no longer a shareholder holding over 5% of the company's stock.

Announcement on Progress of Providing Guarantees for Subsidiaries

Hunan Mengjie Home Textile Co., Ltd. announces the progress of providing guarantees for its wholly-owned subsidiary, Hunan Meijia Home Furnishing Technology Co., Ltd. The company has signed three guarantee contracts with banks, totaling 24 million RMB, for the subsidiary's credit line. This brings the total guarantee amount for subsidiaries to 28 million RMB, representing 23.15% of the company's net assets.

Announcement on Re-appointment of Accounting Firm

Hunan Mengjie Home Textile Co., Ltd. announces its decision to re-appoint Zhonghuan Certified Public Accountants (Special General Partnership) as its auditor for the 2026 fiscal year. This decision follows a board of directors' meeting and requires shareholder approval. The announcement details the accounting firm's qualifications, integrity, and audit fees, confirming compliance with relevant regulations.

2025 Annual Report of Independent Director

This report details Independent Director Chen Gongrong's fulfillment of duties in 2025. It covers personal background, independence confirmation, meeting attendance, communication with internal audit and accounting firms, and engagement with minority shareholders. The director focused on related party transactions, financial reporting, internal controls, and the appointment of accounting firms, concluding with an overall positive assessment of his performance and recommendations for 2026.

2025 Annual Independent Director Performance Report (Qin Zheng)

This report details the performance of Independent Director Qin Zheng for Hunan Mengjie Home Textile Co., Ltd. in 2025. The director attended board and shareholder meetings, communicated with stakeholders, and focused on key areas like related-party transactions and financial reporting. The director affirmed compliance with regulations and commitment to protecting shareholder interests.

2025 Annual Independent Director Performance Report (Yang Pingbo)

This report details the performance of Independent Director Yang Pingbo for Hunan Mengjie Home Textile Co., Ltd. in 2025. It covers personal background, independence, meeting attendance, communication with internal audit and shareholders, and key focus areas like related-party transactions and financial reporting. The director affirmed compliance with regulations and active participation in decision-making and oversight.

2025 Annual Independent Director Performance Report (Zheng Pengcheng)

This report details the performance of Independent Director Zheng Pengcheng for Hunan Mengjie Home Textile Co., Ltd. in 2025. It covers personal background, independence, meeting attendance, communication with internal audit and shareholders, and key focus areas like related transactions and financial reporting. The director confirms compliance with regulations and commitment to shareholder interests.

Internal Control Audit Report

This report presents the results of an audit on the internal financial reporting controls of Hunan Mengjie Home Textile Co., Ltd. as of December 31, 2025. The auditors found that the company maintained effective internal financial reporting controls in all material respects. The report outlines the responsibilities of the company's board of directors and the auditors, as well as the inherent limitations of internal control systems.

2025 Internal Control Evaluation Report

This report details the internal control evaluation for Hunan Mengjie Home Textile Co., Ltd. as of December 31, 2025. The company found no material weaknesses in its financial or non-financial reporting internal controls. The evaluation confirms the company maintained effective financial reporting internal controls in all material aspects.

Compensation Management System for Directors and Senior Management

This document outlines the compensation management system for directors and senior management of Hunan Mengjie Home Textile Co., Ltd. It establishes principles for compensation, management structures, and adjustment mechanisms, aiming to align incentives with company performance and strategic development. The system covers compensation components, performance evaluation, and clawback provisions.

Notice of Convening the 2025 Annual Shareholders' Meeting

Hunan Mengjie Home Textile Co., Ltd. announces its 2025 Annual Shareholders' Meeting on May 22, 2026. The meeting will discuss reports, profit distribution, and personnel matters. Shareholders can attend in person or vote online. The meeting aims to review the company's performance and make key decisions for the upcoming year.

Announcement of Resolutions of the Fourth Meeting of the Eighth Board of Directors

This announcement details the resolutions passed at the Fourth Meeting of the Eighth Board of Directors of Hunan Mengjie Home Textile Co., Ltd. Key decisions included approving the 2025 Board of Directors Work Report, the 2025 Annual Report, and the 2025 Profit Distribution Proposal. The meeting also approved the appointment of the accounting firm for 2026 and the convening of the 2025 Annual General Meeting.

Announcement on Purchasing Directors and Senior Management Liability Insurance

Hunan Mengjie Home Textile Co., Ltd. announced its plan to purchase directors and senior management liability insurance to improve risk management and protect stakeholders' interests. The insurance coverage will be up to RMB 50 million annually, with an annual premium not exceeding RMB 200,000. The board has requested shareholder authorization for management to handle the purchase and related matters.

Announcement on the 2026 Salary Plan for Directors and Senior Management

This announcement details the 2026 salary plan for Hunan Mengjie Home Textile Co., Ltd.'s directors and senior management. The plan outlines salary structures, including fixed allowances for independent directors and performance-based compensation for non-independent directors and senior management, linked to company performance and long-term incentives. The plan requires shareholder and board approval and will be effective until a new plan is established.

Announcement on the 2025 Profit Distribution Plan

Hunan Mengjie Home Textile Co., Ltd. announces its 2025 profit distribution plan. The company's net profit attributable to shareholders was RMB 47,670,358.88, but due to negative undistributed profits, it does not meet the conditions for cash dividends. Therefore, no cash dividends, bonus shares, or capital reserve transfers will be distributed for 2025.

Quarterly Report for Q1 2026

Special Report on the Annual Deposit, Management, and Actual Use of Raised Funds

This report details Hunan Mengjie Home Textile's management of raised funds for the year ending December 31, 2025. The company raised RMB 570,279,987.20, with net funds of RMB 556,333,072.76. All raised funds have been used, with remaining amounts permanently supplementing working capital. The report confirms compliance with regulations and no material issues.

Independent Auditor's Report on the Annual Report of Hunan Mengjie Home Textile Co., Ltd. on the Storage, Management, and Actual Use of Raised Funds

This report provides an independent auditor's opinion on Hunan Mengjie Home Textile Co., Ltd.'s annual report regarding the storage, management, and use of raised funds. The report confirms that the company's disclosures for the period ending December 31, 2025, comply with relevant regulations. The company has followed the rules for fund management and reporting, with no significant issues found.

China Securities Co., Ltd. Special Audit Report on the Storage, Management, and Use of Raised Funds of Hunan Mengjie Home Textile Co., Ltd. in 2025

This report details the 2025 audit of Hunan Mengjie Home Textile's raised funds. It confirms the funds were raised and managed according to regulations. The audit found no violations, and the company's fund management and disclosure are consistent with regulations. The report concludes with the sponsor's confirmation of no objections.

Report on the Performance Evaluation of the Accounting Firm for 2025 and the Audit Committee's Fulfillment of Supervisory Duties

This report evaluates the performance of Zhongshen Zhonghuan Certified Public Accountants (Special General Partnership) as the company's 2025 annual auditor. It details the firm's basic information, investor protection capabilities, integrity record, and independence. The Audit Committee reviewed the firm's qualifications and conducted ongoing communication and oversight throughout the audit process, concluding that the firm fulfilled its duties professionally and completed the audit on time.

Special Audit Report on the Summary of Non-Operating Fund Occupation and Other Related Party Transactions of Hunan Mengjie Home Textile Co., Ltd.

This report summarizes the results of a special audit on Hunan Mengjie Home Textile Co., Ltd.'s non-operating fund occupation and other related party transactions for 2025. The audit confirmed that the information presented in the summary table is consistent with the company's audited financial statements for 2025. The report is intended for the company's 2025 annual report disclosure.

Summary Table of Non-Operating Fund Occupation and Other Related Fund Transactions for Listed Companies in 2025

Special Opinion on the Independence of Independent Directors

This special opinion assesses the independence of the independent directors of Hunan Mengjie Home Textile Co., Ltd. The assessment confirms that the independent directors meet the independence requirements stipulated by relevant regulations, as they hold no other positions within the company or its major shareholders and have no conflicts of interest that would impair objective judgment.

Annual Audit Report for 2025

Annual Report for 2025

Hunan Mengjie Home Textile Co., Ltd. 2025 Annual Report Summary

This report summarizes Hunan Mengjie Home Textile's 2025 performance, focusing on strategic initiatives like product innovation, brand promotion, and retail transformation. Key financial figures show revenue decline but significant profit growth driven by improved operational efficiency and a capital reserve adjustment to offset losses. The company is actively pursuing industry standards and global partnerships to enhance its market position and sustainable development.

Announcement on the Progress of Providing Guarantees for Subsidiaries

Hunan Mengjie Home Textile Co., Ltd. announces the progress of its guarantee for subsidiary Fujian Dafang Sleep Technology Co., Ltd. The company signed a guarantee contract for RMB 20 million for Dafang Sleep's credit line. This brings the total guarantee amount for subsidiaries to RMB 280 million, representing 23.98% of the company's net assets. There are no overdue guarantees.

Announcement on Progress of Providing Guarantees for Subsidiaries

Hunan Mengjie Home Textile Co., Ltd. announces progress on its guarantee for subsidiaries' credit lines. The total guarantee amount is RMB 280 million, with specific amounts allocated to five subsidiaries. The company has signed guarantee contracts with three banks, and the guarantees are valid for one year from the date of approval.

Announcement on Using Common Reserve to Offset Losses and Notifying Creditors

Hunan Mengjie Home Textile Co., Ltd. announces its resolution to use common reserve to offset accumulated losses. The company will utilize 106,727,588.75 yuan from surplus reserve and 270,783,003.68 yuan from capital reserve, totaling 377,510,592.43 yuan. Creditors are notified to claim their rights within 30 days of notice or 45 days from this announcement.