Honghui New Materials Co., Ltd.

Announcement on the Implementation of the 2025 Annual Equity Distribution

Legal Opinion for the 2025 Annual Shareholders' Meeting

Announcement on the Convening of the 2025 Annual Shareholders' Meeting

Wuxi Honghu New Materials Technology Co., Ltd. will convene its 2025 Annual Shareholders' Meeting on May 18, 2026. The meeting, convened by the Board of Directors, will discuss and vote on various proposals including the 2025 Annual Report, financial reports, profit distribution, and the 2026 budget and business plan. Shareholders registered by May 11, 2026, can attend and vote in person or online. The meeting aims to review the company's performance and outline future strategies.

Announcement on Completion and Early Termination of Phase One Employee Stock Ownership Plan

Announcement of Resolutions from the Eighth Meeting of the Sixth Board of Directors

The Board of Directors of Wuxi Honghui New Materials Technology Co., Ltd. held its eighth meeting of the sixth board. The primary resolutions passed included the approval of an employee stock ownership plan and the termination of its first phase. The termination was approved unanimously, with all shares from the first phase having been fully sold and legal procedures completed.

Announcement on Completion of Business Registration Change

Wuxi Honghui New Materials Technology Co., Ltd. has completed its business registration change, effective March 5, 2026. The company's registered capital was reduced from 18,230.199 million yuan to 18,124.589 million yuan. This change was approved during an extraordinary general meeting of shareholders, and the company has obtained an updated business license. Amendments to the Articles of Association related to this capital reduction will be further reviewed.

Announcement on the Completion of the First Phase Employee Stock Ownership Plan Sale

Announcement on Cash Management Using Idle Funds

2025 Annual Report on the Performance of Independent Directors (Li Gang - Resigned)

This report details Li Gang's performance as an independent director for Wuxi Hongxin Materials Technology Co., Ltd. in 2025. He attended one board meeting and two committee meetings, chairing the Audit Committee. Li Gang focused on financial oversight, internal controls, and remuneration. He noted no specific instances where independent directors exercised special rights but recommended strengthening governance and shareholder communication.

2025 Annual Report of Independent Director (Wu Changming)

This report details the activities of Independent Director Wu Changming for 2025. He attended four board meetings and two shareholder meetings, demonstrating active participation in governance. Wu also served on the Audit, Compensation, and Strategy committees, contributing to financial oversight and strategic planning. His work focused on protecting shareholder rights and ensuring regulatory compliance, with recommendations for improved communication and decision-making.

2025 Annual Report of Independent Director (Wang Yang)

This report details Independent Director Wang Yang's 2025 activities. He attended 7 board and 5 shareholder meetings, actively contributing opinions. Wang Yang also participated in committee meetings, including Audit, Nomination, Remuneration, Strategy, and Independent Director committees. He reviewed financial statements, internal controls, and related party transactions, ensuring regulatory compliance and protecting shareholder interests.

Announcement of the 2025 Annual Performance Briefing

2025 Honghui New Materials Environmental, Social, and Governance (ESG) Report

2025 Internal Control Self-Assessment Report

Internal Control System (2026-04)

This document outlines the Internal Control System for Wuxi Honghuan New Materials Technology Co., Ltd. The purpose is to strengthen controls, mitigate risks, and protect investor interests. Key control activities include management and risk management, with specific procedures for related party transactions. The system will be reviewed regularly and reported to the board, ensuring compliance and healthy company development.

Compensation Management System for Directors and Senior Executives (2026-04)

Emergency Response Procedure for Sudden Events (2026-04)

Wuxi Huishan New Materials Technology Co., Ltd. has established emergency response procedures for sudden events to minimize operational impact. The system classifies events into administrative, economic, environmental, and information categories. A dedicated response team will manage and coordinate emergency handling, with clear responsibilities and penalties for non-compliance. The procedures aim to strengthen prediction, control, and communication during crises.

Financial Management System (2026-04)

This document outlines the Financial Management System for Wuxi Honghui New Materials Technology Co., Ltd. It establishes principles for financial management, organization, and responsibilities. Key areas covered include budget, fund, revenue, expense, profit distribution, tax, reporting, and risk management. The system aims to ensure financial information authenticity, prevent risks, and improve economic benefits, with implementation effective upon board approval.

Internal Audit System (2026-04)

Wuxi Honghuan New Material Technology Co., Ltd. established an internal audit system to enhance audit work, improve risk control, and ensure financial transaction legality. The system defines responsibilities for the audit committee, internal audit organization, and personnel, granting them necessary authorities. Key outcomes include independent and objective audits, effective communication of findings, and annual evaluation of the system's effectiveness, with provisions for rewards and penalties.

Market Value Management System (2026-04)

Announcement on the Appointment of Senior Management Personnel

Announcement on Confirming 2025 Annual Related Transactions and Projected 2026 Annual Related Transactions

The company confirms its 2025 annual related transactions and projects 2026 annual related transactions. Key figures include a projected 2026 total amount of 6,223.61 million yuan for procurement and services from related parties like Shunxin Technology and Honghui New Materials. These transactions are normal business operations, priced at market rates, and are not expected to impact the company's profitability or harm shareholder interests.

Feasibility Analysis Report on Developing Foreign Exchange Derivative Business

Wuxi Honghuan New Materials Technology Co., Ltd. plans to develop foreign exchange derivative business to manage risks associated with its expanding international operations, primarily in US dollars. The company will invest no more than $500,000 from its own funds for hedging purposes, utilizing instruments like forwards and options. This initiative, valid for up to 36 months, aims to enhance financial stability and mitigate market, liquidity, credit, operational, and legal risks through established control measures and compliance with accounting standards.

Announcement on the Launch of Foreign Exchange Derivatives Business

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

The seventh meeting of the sixth Board of Directors of Wuxi Honghu New Materials Technology Co., Ltd. was held on April 24, 2026. The board approved the 2025 annual report, which showed operating income of 39,337,272.75 and net profit of 4,730,797.05. Resolutions also included approval of the 2025 and 2026 budgets, business plans, internal control reports, and the establishment of an independent audit committee. The appointment of a deputy general manager was also approved.

Announcement on the Profit Distribution Plan for 2025

Wuxi Honghui New Materials Technology Co., Ltd. approved its 2025 profit distribution plan. The company reported a net profit of CNY 41,199,834.94 for 2025. The plan proposes a total cash dividend of CNY 17,741,588.60, maintaining a stable distribution policy aligned with its economic strategy and future development.

2026 First Quarter Report

This report details the company's 2026 first quarter financial performance. Total revenue was ¥93.6 million, a slight decrease of 0.24% year-on-year. Net profit was ¥9.1 million, down 10.81%. Key figures include total assets of ¥699.9 million and total shareholder equity of ¥653.2 million. The company approved a registered capital reduction and reported a net profit of ¥182.3 million, a 29.99% year-on-year increase.

2025 Annual Evaluation Report on the Performance of the Accounting Firm and the Audit Committee's Supervision Report

Wuxi Honghui New Materials Technology Co., Ltd.'s audit committee evaluated the performance of accounting firm Tianxin CPAs for 2025. The firm reported 2025 annual audit revenue of 29,306.46 million yuan. The audit committee supervised the firm's adherence to standards and compliance. The committee will continue to monitor Tianxin CPAs and expects quality services for the 2025 annual audit report.

Special Explanation on Non-operating Fund Occupation and Other Related Fund Transactions for 2025

This report provides a special explanation on non-operating fund occupation and related fund transactions for Wuxi Honghui New Materials Technology Co., Ltd. for the year 2025. Prepared according to regulatory requirements, it details the company's financial status as of December 31, 2025. The audit will be completed if the provided information is confirmed to be true and accurate. Key figures and material outcomes are not yet available in this preliminary explanation.

Summary Table of Non-operating Fund Occupation and Other Related Fund Transactions for 2025

This document provides a summary table of non-operating fund occupation and other related fund transactions for the year 2025. It outlines the planned and actual fund occupation and source figures, along with details on related entities. The tables serve to track financial activities and ensure transparency in fund management for the upcoming fiscal year.

2025 Annual Audit Report

This report presents the 2025 annual audit of Wuxi Honghui New Materials Technology Co., Ltd. The audit opinion confirms that the financial statements fairly represent the company's financial position as of December 31, 2025. Key audit matters included revenue recognition, asset valuation, and going concern assessment. Total assets increased to 692,830,209.74 RMB, while total liabilities remained stable, and total equity grew to 640,151,000.00 RMB.

2025 Annual Report

This 2025 Annual Report from Wuxi Honghui New Materials Technology Co., Ltd. details the company's financial performance and strategic outlook. Total operating revenue decreased by 13.64% to 393,377,202.55 Yuan, with significant drops in Water-based Coatings sales. The company experienced a decrease in R&D expenses by 35.01%. Despite challenges, the company plans to enhance its product portfolio and invest in new technologies to drive future growth and expand market share.

Summary of the 2025 Annual Report

This 2025 annual report provides an overview of Hongxin Materials' economic development, financial status, and future plans. Key financial data shows total assets of 692,830,209.74 and revenue of 410,151,301.56 for 2025. However, profit decreased to 393,377,205.25, with basic and diluted earnings per share falling to 0.23. The report has been approved and submitted, guiding investors on the company's performance and outlook in the polymer materials sector.

Legal Opinion on Exemption from Issuing Offer by Wuxi Xigang Qixing Technology Partnership (Limited Partnership)

This legal opinion addresses Wuxi Xigang Qixing Technology Partnership's request for exemption from issuing an offer. The partnership holds 54,672,366 shares, representing 29.99% of total shares. Based on PRC Company Law and Securities Law, this shareholding does not exceed the threshold for mandatory offers. Therefore, the partnership is confirmed to meet the conditions for exemption and is not obligated to issue an offer.

Financial Advisor Report on the Acquisition of Wuxi Honghui New Materials Technology Co., Ltd.

This financial advisor report confirms the acquisition of Wuxi Honghui New Materials Technology Co., Ltd. The purpose is to increase the buyer's shareholding to 29.99%, a 30.16% increase. The advisor has verified the buyer's qualifications, financial resources, and compliance with regulations. The acquisition is deemed not to create competitive conflicts and will maintain the company's independence.

Wuxi Honghui New Materials Technology Co., Ltd. Acquisition Report

Wuxi Honghui Port Investment Technology Co., Ltd. is acquiring Wuxi Honghui New Materials Technology Co., Ltd. The acquirer currently holds 40.85% of the target company's shares. The acquirer's total assets were 871,866.8 million yuan as of December 31, 2025. The acquirer plans to adjust the target company's business operations within 12 months to enhance sustainable development and asset quality.

Announcement on Completion of Share Repurchase Cancellation and Share Change

The company announces the completion of its share repurchase cancellation and subsequent share change. A total of 1,056,100 shares, representing 0.58% of total share capital, were repurchased and cancelled. This reduces the total share capital to 181,245,890 shares. The repurchase plan, approved by shareholders in August and September 2025, was funded by the company's own capital and completed by March 4, 2026. Registration with China Securities Depository and Clearing Corporation Limited was finalized on March 13, 2026.

Summary of the Acquisition Report

Wuxi Honghui New Materials Technology Co., Ltd. acquired shares in Hong Kong Materials Technology Co., Ltd., increasing its stake from 29.99% to 30.16%. This acquisition, valued at 450,000 ten thousand yuan, triggers shareholding restrictions. The acquirer has confirmed compliance with relevant regulations and no significant legal or political events. The total shares of the target company decreased slightly post-acquisition.

Announcement on the Cancellation of Repurchased Shares and Reduction of Registered Capital and Notification to Creditors

Wuxi Honghui New Material Technology Co., Ltd. announced the cancellation of 1,056,100 repurchased shares and a reduction in registered capital to 181,245,890 yuan. This decision was approved at recent shareholder meetings. The company is now notifying creditors, who can submit claims between March 6, 2026, and April 19, 2026. Specific application details and contact information are provided for creditors to assert their rights.

Announcement on the Cancellation of Repurchased Shares, Reduction of Registered Capital, and Amendment of the Articles of Association

Wuxi Honghui New Materials Technology Co., Ltd. announced the cancellation of 1,056,100 repurchased shares. This action reduces the company's registered capital from 182,301,990 shares to 181,245,890 shares. The company also amended its Articles of Association to reflect this capital reduction. The repurchase, completed at an average price of 13.01 yuan/share, does not impact profitability or investor interests.

Company Articles of Association (2026-03)

This document outlines the Articles of Association for Wuxi Honghui New Materials Technology Co., Ltd., established on May 30, 2016. The company's registered capital is 18,124.589 million yuan, with a total of 18,124,589 common shares issued. The articles detail the company's legal framework, business scope in new materials R&D, and comprehensive regulations for share issuance, emphasizing fairness, transparency, and shareholder protection.

Announcement of Resolutions from the Sixth Meeting of the Sixth Board of Directors

The Board of Directors of Wuxi Honghui New Materials Technology Co., Ltd. held its sixth meeting on March 5, 2026. The primary resolution approved was the reduction of registered capital by 181,245,890 shares. This action also necessitated an amendment to the company's articles of association. The total registered capital will be adjusted to 182,301,990 yuan following the reduction.

Announcement on the Expiration of the Share Repurchase Period and Completion of the Repurchase

Wuxi Honghui New Materials Technology Co., Ltd. announced the completion of its share repurchase plan on March 4, 2026. The company repurchased 1,056,100 shares, representing 0.58% of its total share capital, for a total of 13,497,198 yuan. These shares were acquired at prices between 12.34 and 13.01 yuan per share. The repurchase was executed in compliance with regulations and the shares will be reserved for employee stock ownership plans and other purposes.