Jiaxin Silk Co., Ltd.

Announcement on Progress of External Guarantees

This announcement details the progress of Zhejiang Jiaxin Silk Co., Ltd.'s external guarantees. The company has entered into guarantee agreements with Bank of China, ICBC, and Hangzhou Bank to provide guarantees for its investee, Zhejiang Yinmao Import and Export Co., Ltd. The total approved external guarantee limit is RMB 730 million, with a current outstanding balance of RMB 82.68 million.

Announcement on Guarantee Provided by Holding Subsidiary and Grandchild Company for Holding Grandchild Company

Zhejiang Jiaxin Silk Co., Ltd. announces that its holding subsidiary and grandchild companies will provide a joint liability guarantee for its holding grandchild company, Guangxi Jiaxin Pawn Co., Ltd. The guarantee amount is up to RMB 30 million, to support the operating development and fundraising needs of Guangxi Jiaxin Pawn. The risk is deemed controllable and will not harm shareholder interests.

Announcement of Resolutions of the 16th Meeting of the 9th Board of Directors

Zhejiang Jiaxin Silk Co., Ltd. announced the resolutions of its 16th Board of Directors meeting. The board approved the company's Q1 2026 report and the appointment of Mr. Dong Binchen as Deputy General Manager. Both resolutions passed unanimously with 9 votes in favor and none against or abstained.

2026 First Quarter Report

This report details the financial performance of Jiaxin Silk for the first quarter of 2026. The company reported total revenue of RMB 1,287,026,826.91, an increase of 7.91% year-on-year. Net profit attributable to shareholders grew by 10.95% to RMB 54,908,304.66. Total assets reached RMB 3,478,758,102.48, up 4.10% from the previous year-end.

Announcement on the Implementation of the 2025 Equity Distribution Plan

Zhejiang Jiaxin Silk Co., Ltd. announces the implementation of its 2025 equity distribution plan, approved by the shareholders. The company will distribute a cash dividend of RMB 3 per 10 shares, totaling RMB 168,015,462.30. No bonus shares or capital reserve transfers will be issued. The record date is April 29, 2026, and the ex-dividend date is April 30, 2026.

Legal Opinion on the Lawyer's Witnessing of Zhejiang Jiaxin Silk Co., Ltd.'s 2025 Annual General Meeting

This legal opinion confirms that Zhejiang Jiaxin Silk Co., Ltd.'s 2025 Annual General Meeting was convened and held in compliance with relevant laws and regulations. The meeting's attendees and their qualifications were verified. All resolutions, including the 2025 Board of Directors' Work Report and the 2025 Profit Distribution Proposal, were passed legally and validly.

Announcement of Shareholders' Meeting Resolutions for 2025

Dongxing Securities Co., Ltd. Special Audit Report on the Storage and Use of Raised Funds of Zhejiang Jiaxin Silk Co., Ltd. in 2025

This report by Dongxing Securities audits Zhejiang Jiaxin Silk's 2025 raised funds. The company raised RMB 409,999,978.79, with net funds of RMB 396,795,239.51. All raised funds were used for projects or replenished working capital, and all special accounts have been closed with no remaining balance. The audit found compliance with regulations.

Announcement on Re-appointment of 2026 Audit Firm

Zhejiang Jiaxin Silk Co., Ltd. announces its decision to re-appoint Lixin Certified Public Accountants (Special General Partnership) as its 2026 audit firm. The decision was approved by the Board of Directors and will be submitted to the shareholders' meeting for approval. Lixin has been the company's auditor since 2025 and has fulfilled its duties professionally.

2025 Board of Directors Work Report

This report details the 2025 work of the Board of Directors of Zhejiang Jiaxin Silk Co., Ltd. The company achieved revenue of 4.747 billion yuan, a 4.07% increase, and net profit attributable to shareholders of 180 million yuan, a 12.04% increase. Key initiatives included optimizing governance, enhancing R&D, and strengthening brand development, leading to steady growth and improved operational efficiency.

Announcement on Company's Application for Credit Line from Bank

Zhejiang Jiaxin Silk Co., Ltd. will apply for a comprehensive credit line of up to RMB 2.5 billion from banks to meet its operational needs. The credit line will cover various financing instruments and can be used cyclically. The board has authorized the chairman to sign relevant documents. This matter requires shareholder approval as it exceeds the board's authority.

Independent Director's 2025 Annual Performance Report (Fei Jinhong)

This report details the performance of Fei Jinhong as an independent director of Jiaxin Silk. It covers attendance at board and shareholder meetings, participation in special committee work, and adherence to independence requirements. The director actively participated in discussions and voting, fulfilling their duties to protect shareholder interests.

Independent Director's 2025 Annual Report (Shen Kaijun)

This report details the performance of Independent Director Shen Kaijun for 2025. It covers attendance at board and committee meetings, participation in discussions, and fulfillment of duties. The director confirms compliance with independence requirements and outlines contributions to company governance and shareholder interests.

Independent Director's 2025 Annual Performance Report (Weng Shengbin)

This report details Weng Shengbin's performance as an independent director of Jiaxin Silk in 2025. He actively participated in board and committee meetings, reviewed financial reports, and engaged with management and shareholders. His contributions aimed to uphold corporate governance and protect shareholder interests, ensuring fair and transparent operations.

Announcement on Holding the 2025 Annual Performance Briefing

Zhejiang Jiaxin Silk Co., Ltd. will hold its 2025 Annual Performance Briefing online on April 13, 2026. The briefing aims to help investors understand the company's operating performance. Investors can submit questions in advance through the Shenzhen Stock Exchange's "Interactive Easy" platform.

2025 Internal Control Audit Report

This report presents the internal control audit for Zhejiang Jiaxin Silk Co., Ltd. for the year ended 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 and the auditors, and notes the inherent limitations of internal control.

2025 Internal Control Evaluation Report

This report details the internal control evaluation for Zhejiang Jiaxin Silk Co., Ltd. for the year 2025. The company found no material weaknesses in its financial or non-financial reporting internal controls as of December 31, 2025. No factors have arisen since the report date that would affect the evaluation conclusion.

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

Zhejiang Jiaxin Silk Co., Ltd. announces the appointment of Ms. Zhu Shijia as the Company's Securities Affairs Representative. This decision follows Mr. Li Chaofan's resignation from the position. Ms. Zhu possesses the necessary qualifications and experience, and her term will extend until the end of the current board of directors.

2025 Annual Report on the Custody and Use of Raised Funds

This report details the custody and use of raised funds by Zhejiang Jiaxin Silk Co., Ltd. for 2025. The company has completed its investment projects and used surplus funds to permanently supplement working capital. All dedicated accounts for raised funds have been closed, with no remaining balance. The report confirms no significant changes to project implementation or feasibility.

2026 Annual Forecast of Routine Related Party Transactions Announcement

Zhejiang Jiaxin Silk Co., Ltd. announces its 2026 forecast for routine related party transactions, totaling no more than RMB 84 million. These transactions involve procurement of raw materials, sales of products, and provision/receipt of services with affiliated companies like Shanghai Jiaxin and Kaisa Group. The company asserts these transactions are conducted at market prices, are fair, and will not negatively impact its financial status or independence.

Progress Announcement on External Guarantees

Zhejiang Jiaxin Silk Co., Ltd. announces progress on its external guarantee plan. The company has signed a guarantee contract for RMB 10 million with Industrial Bank Co., Ltd. Jiaxing Branch for its subsidiary. The total approved external guarantee limit is RMB 700 million, with a current outstanding balance of RMB 169.91 million, representing 8.47% of the parent company's net assets. There are no overdue guarantees.

Announcement on Engaging in Foreign Exchange Derivative Transactions

Zhejiang Jiaxin Silk Co., Ltd. plans to engage in foreign exchange derivative transactions to hedge exchange rate risks, with a transaction amount not exceeding USD 200 million within 12 months. The proposal has passed the board of directors and requires shareholder approval. The company emphasizes that these transactions are for hedging, not speculation, and outlines risk analysis and mitigation measures.

Announcement on Providing Guarantees to External Parties

Zhejiang Jiaxin Silk Co., Ltd. announces its intention to provide guarantees totaling RMB 730 million to its subsidiaries and investee companies, including Zhejiang Jinmao Import and Export Co., Ltd., to support their operations and supply chain financing. The guarantees will be valid from the approval of the 2025 annual general meeting until the 2026 annual general meeting. The company highlights a specific risk for Zhejiang Jinmao due to its asset-liability ratio exceeding 70%.

Notice of Convening the 2025 Annual Shareholders' Meeting

Zhejiang Jiaxin Silk Co., Ltd. announces the convening of its 2025 Annual Shareholders' Meeting on April 21, 2026. The meeting will discuss various proposals including the 2025 Annual Report, profit distribution, and the appointment of the 2026 auditor. Shareholders can attend in person or vote online.

Announcement of Resolutions of the 15th Meeting of the 9th Board of Directors

The 9th Board of Directors of Jiaxin Silk held its 15th meeting to review and approve the 2025 work reports, profit distribution plan, and other proposals. Key decisions include approving a cash dividend of RMB 3 per 10 shares and the 2026 audit institution appointment. The meeting also addressed related party transactions and the 2025/2026 remuneration plans for directors and senior management.

Announcement on the 2025 Profit Distribution Plan

Zhejiang Jiaxin Silk Co., Ltd. announces its 2025 profit distribution plan. The company proposes a cash dividend of RMB 3 (tax inclusive) per 10 shares, totaling RMB 168,015,462.30. This plan is based on the company's net profit and retained earnings, and does not involve bonus share issues or capital reserve transfers. The proposal has been approved by the board and awaits shareholder approval.

Independent Auditor's Report on the Special Report on the Fund Raising, Management, and Use of Raised Funds in 2025

This report provides an independent auditor's assurance on Zhejiang Jiaxin Silk Co., Ltd.'s special report regarding its 2025 raised funds. The auditors conclude that the report accurately reflects the company's fund management and usage in accordance with relevant regulations. The company has completed its investment projects and used remaining funds for working capital.

Report on the Performance Evaluation of the Accounting Firm for 2025

This report evaluates the performance of Lixin Certified Public Accountants (CPA) as the company's auditor for 2025. Lixin is deemed compliant, independent, diligent, and provides fair opinions. The report details Lixin's qualifications, project team information, and operational aspects, concluding that Lixin's quality management and work plan are satisfactory.

Report of the Audit Committee on the Supervision of the 2025 Annual Audit Firm

The Audit Committee of Zhejiang Jiaxin Silk Co., Ltd. reports on its supervision of the 2025 annual audit firm. It confirms the firm's qualifications, evaluates its performance, and recommends re-appointment based on its diligence, independence, and professional competence in completing the audit on time and with high quality.

Special Report on Non-Operating Fund Occupation and Other Related Party Fund Transactions for 2025

This report details Zhejiang Jiaxin Silk Co., Ltd.'s non-operating fund occupation and other related party fund transactions for 2025. It confirms that the company's management is responsible for the accuracy of the compiled table, which has been cross-checked against audited financial statements. The report is intended solely for the disclosure of the 2025 annual report.

Summary of 2025 Non-Operating Fund Occupation and Other Related Party Fund Transactions

This report summarizes the 2025 non-operating fund occupation and other related party fund transactions for Zhejiang Jiaxin Silk Co., Ltd. It details fund occupation by controlling shareholders, former controlling shareholders, and other related parties, along with the nature and reasons for these transactions. The report also outlines related party fund transactions, including sales, provision of services, and rental income, categorizing them as operating or non-operating.

Special Report on the Assessment of Independent Directors' Independence by the Board of Directors

The Board of Directors of Zhejiang Jiaxin Silk Stock Co., Ltd. assessed the independence of its directors, Shen Kaijun, Fei Jinhong, and Weng Shengbin. The assessment concluded that the directors meet the independence requirements stipulated by relevant laws and regulations, as they hold no other positions within the company or its major shareholders and have no relationships that could impair their independent judgment.

2025 Annual Audit Report

2025 Annual Report

2025 Annual Report Summary

This report summarizes Zhejiang Jiaxin Silk Co., Ltd.'s 2025 performance. Key figures include total assets of RMB 3,341,628,802.56 and revenue of RMB 4,746,952,292.52. The company proposed a cash dividend of RMB 3 per 10 shares. The report details business operations, financial data, and shareholder information.

Announcement on the Authorization of Using Idle Own Funds for Cash Management

Zhejiang Jiaxin Silk Co., Ltd. announces its board of directors approved the use of idle own funds for cash management. The company plans to invest up to RMB 600 million in low-risk, highly liquid wealth management products. This initiative aims to improve the efficiency of short-term idle funds and enhance asset returns without impacting normal operations.

Announcement on Guarantee Provided by a Wholly-Owned Subsidiary for its Wholly-Owned Subsidiary

Jiaxin Silk's holding subsidiary, Jiaxing Yijia Metal Products Co., Ltd., will provide a guarantee for its wholly-owned subsidiary, Jiaxing Tianxin Hardware Products Co., Ltd., up to RMB 20 million. This is to support the subsidiary's business development and fundraising. The guarantee is a joint liability guarantee and is expected to be a rolling guarantee for one year. The company assesses the risk as controllable.

Announcement on Partial Share Pledge by Acting in Concert with Controlling Shareholder

Zhejiang Jiaxin Silk Holdings Co., Ltd. announced that its controlling shareholder's acting-in-concert entity, Zhejiang Shengxin Industrial Development Co., Ltd., has pledged 10,000,000 shares. This represents 45.30% of the entity's holdings and 1.79% of the company's total share capital. The pledge is for the purpose of production and operation, with no immediate risk to control.