Mingdiao Co., Ltd.

Announcement on Proposed Sale of Company’s Idle Properties

Shenzhen Mingzhu Decoration Co., Ltd. proposes to sell idle properties, including 5 residential units and 1 parking space, to optimize its asset structure and improve capital utilization. The estimated market value of these properties is 24,451,900 yuan as of April 8, 2026. The proceeds from the sale will be used to replenish working capital, aiming to reduce costs and increase cash flow for long-term development. The transaction is subject to market conditions and may not be finalized.

Summary of Major Business Operations in Decoration and Renovation for Q1 2026

This report summarizes Shenzhen Mingli Decoration Co., Ltd.'s major business operations for Q1 2026. The company signed new contracts totaling 8,929.30 million yuan in residential decoration design and construction. The total amount of contracts completed reached 45,922.23 million yuan. No significant projects are anticipated for Q2 2026.

Announcement on the Reappointment of the Company's Audit Firm for 2026

2025 Annual Independent Director Work Report (Luo Weihua)

This report details Luo Weihua's work as an independent director for Shenzhen Mingzhuang Decoration Co., Ltd. in 2025. He attended all 4 board meetings and 2 shareholder meetings, actively participating in discussions and decision-making. His focus remains on ensuring compliance, transparency, and protecting minority shareholder rights, aligning with corporate governance principles.

2025 Annual Report of Independent Director (Xu Pei)

2025 Annual Report of Independent Director (Cai Qiang)

Announcement of the 2025 Online Performance Briefing

2025 Internal Control Audit Report

2025 Internal Control Evaluation Report

Compensation Management System for Directors and Senior Executives

Announcement on Changes in Accounting Policies

Shenzhen Mingxuan Decoration Co., Ltd. is implementing changes to its accounting policies effective January 1, 2026. These changes are mandated by the Ministry of Finance's "Guidelines for Enterprise Accounting Standards No. 19" issued on December 19, 2025. The company will adopt the new guidelines and monitor their impact to ensure no adverse effect on stock performance.

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

Shenzhen Mingzhu Decoration Co., Ltd. announced the appointment of Ms. Ming Diaozhuang as its Securities Affairs Representative. This decision was approved at the board of directors meeting on April 25, 2026. Ms. Ming Diaozhuang, with a finance degree and relevant certifications, will assist in securities affairs management. She has prior experience as an assistant to the Securities Affairs Representative and holds no company shares or disqualifying relationships.

Notice of the 2025 Annual Shareholders' Meeting

Shenzhen Mingxuan Decoration Co., Ltd. will hold its 2025 Annual Shareholders' Meeting on May 22, 2026. The meeting will discuss and consider proposals including the 2025 Annual Work Report, financial budget, capital allocation, senior management confirmation, and audit mechanisms. Shareholders registered by May 15, 2026, can attend in person or vote online. The agenda includes reviewing the 2025 Annual Report and revising the Senior Management Personnel Management System.

2025 Annual Board of Directors Work Report

The 2025 Annual Board of Directors Work Report for Shenzhen Mingzhu Decoration Co., Ltd. details the company's performance and governance. The report highlights a 4.67% increase in total revenue to 705.36 million RMB and a 5.29% rise in net profit attributable to shareholders, reaching 42.83 million RMB. Key outcomes include the successful convening of 4 board meetings and 2 shareholder meetings, focusing on strategic planning and operational stability to ensure continued healthy development and enhance shareholder engagement.

Announcement of Resolutions from the 12th Meeting of the 6th Board of Directors

Announcement on the 2026 Remuneration Plan for Directors and Senior Management

Shenzhen Mingzhu Decoration Co., Ltd. has formulated a 2026 remuneration plan for directors and senior management, effective January 1 to December 31, 2026. The plan aims to enhance performance and sustainable development. Key figures include an annual remuneration of 80,000 yuan for independent directors. Remuneration for all directors and senior management comprises basic salary, performance bonuses (at least 50% of basic salary), and long-term incentives, to be reviewed at the April 25, 2026 general meeting.

Announcement on Applying for Comprehensive Financing Credit Line from Banks

Shenzhen Mingzheng Decoration Co., Ltd. is applying for a comprehensive financing credit line of up to RMB 27 million. This credit line will be used to supplement the company's development and liquidity funds. The application, approved for one year, includes credit loans, bank acceptance bills, and bank guarantees. Key credit providers include China CITIC Bank, China Minmetals Corporation, and China Merchants Bank, each contributing up to RMB 10 million.

Announcement on the Profit Distribution and Capital Reserve Transfer Plan for 2025

Shenzhen Mingxuan Decoration Co., Ltd. approved its 2025 profit distribution and capital reserve transfer plan. The company reported a total profit of CNY 42,832,221.22 and a net profit of CNY 20,265,359.34. The plan includes a cash dividend of CNY 2.0 per share, totaling CNY 2,556,000, with a projected total cash dividend of CNY 26,320,381.00 and a distribution ratio of 61.35%.

2026 First Quarter Report

This report details the company's 2026 first quarter financial performance. Operating income saw a slight increase of 0.07% to 117,809,006.39 yuan. Net profit attributable to shareholders significantly increased by 15.41% to 5,659,516.29 yuan, driven by improved operational efficiency. However, net cash flow from operating activities decreased by 202.76% to -9,637,152.32 yuan, indicating potential liquidity concerns.

2025 Annual Evaluation Report on the Performance of the Accounting Firm

Shenzhen Mingzhuang Decoration Co., Ltd. is evaluating Guangdong Agricultural Accounting Firm for its 2025 performance. The firm, established in 2020, has 436 employees and reported RMB 13,057.51 million in total audit revenue for 2025. It has no regulatory penalties and a strong quality management system. The firm has a risk reserve of RMB 773.38 million, demonstrating good investor protection capabilities.

Report on the Audit Committee's Oversight Responsibilities of the Accounting Firm

This report details the Audit Committee's oversight of the Guangdong Agricultural Accounting Firm (Special General Partnership) for the 2025 fiscal year. The firm, established in 2020 with 176 registered accountants, was appointed on April 24, 2025. The Audit Committee evaluated the firm's professional quality, service ability, and integrity. The committee recognized the firm's commitment and effective management of audit services, concluding the audit report for the 2025 fiscal year.

Special Explanation on Non-Operating Fund Occupation and Other Related Fund Transactions in 2025

This document provides a special explanation regarding non-operating fund occupation and related fund transactions for Shenzhen Mingzhuang Decoration Co., Ltd. in 2025. The report is prepared to ensure compliance with regulations from the China Securities Regulatory Commission and the Shanghai Stock Exchange. It specifically addresses fund usage and related transactions, with a summary table provided for the year 2025. The document emphasizes that this explanation is limited to these specific transactions and carries no other implications.

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 2025 period. The purpose is to detail fund usage and balances involving related parties. However, the provided data indicates 'Not Applicable' across all categories for initial fund balance, profit information, and remaining fund balance. Consequently, no key figures or material outcomes regarding fund transactions can be identified from this specific report.

Special Report on the Self-Examination of Independent Directors' Independence

Shenzhen Mingzhu Decoration Co., Ltd. conducted a self-examination of its independent directors, Mr. Luo Wei and Mr. Xu Shijun. This was in accordance with regulatory measures and guidelines. The review confirmed that both directors meet the independence requirements. No relationships were found that could compromise their independence.

2025 Annual Audit Report

2025 Annual Report

This 2025 Annual Report details Shenzhen Mingdiao Decoration Co., Ltd.'s financial performance and strategic outlook. The company reported operating revenue of 705,361,371.29 Yuan and profit attributable to shareholders of 42,832,221.22 Yuan, showing a 4.67% and 5.29% increase respectively. Key outcomes include a proposed cash dividend of 2.0 Yuan per share and a 10-for-4 stock split. The report highlights the company's focus on high-end residential markets, product innovation, and design-service integration, while acknowledging market and seasonal risks.

Summary of the 2025 Annual Report

This 2025 Annual Report from Minghao Decoration (002830) provides an overview of the company's financial performance and future plans. The company focuses on integrated design and construction services for residential decoration. Key figures show Total Revenue reached 1,418,477,043, a 4.2% year-on-year increase. The report outlines future development plans focused on enhancing service offerings and market expansion.

Progress Announcement on Using Part of Idle Funds to Purchase Financial Products

Shenzhen Mingzheng Decoration Co., Ltd. announced its plan to invest over 1 billion yuan of idle funds into various financial products. The board approved the proposal on April 24, 2025. The investments aim to mitigate risks and enhance returns, with expected annual returns ranging from 1.45% to benchmark interest rates plus 5%. The company has outlined risk analysis and control measures to manage potential investment risks.

Legal Opinion on the First Extraordinary Shareholders' Meeting of Shenzhen Mingdiao Decoration Co., Ltd. in 2026

This legal opinion from Beijing Tongshang (Shenzhen) Law Offices addresses the first extraordinary shareholders' meeting of Shenzhen Mingdiao Decoration Co., Ltd. The meeting, held on April 3, 2026, with notice given on March 19, 2026, involved shareholders representing 99.397% of voting shares. The primary purpose was to discuss and adopt resolutions concerning the use of funds for capital management. The legal opinion concludes that the meeting's procedures and resolutions complied with relevant laws and regulations.

Announcement of the First Extraordinary Shareholders' Meeting Resolutions in 2026

The First Extraordinary Shareholders' Meeting of Shenzhen Mingzhu Decoration Co., Ltd. was held on April 3, 2026. The meeting was attended by 88 shareholders, representing 67.5186% of total voting rights. Key resolutions may involve changing the meeting's residence. The meeting was legally convened and its outcomes are valid.

Notice of the First Extraordinary Shareholders' Meeting in 2026

Announcement of Resolutions from the 11th Meeting of the 6th Board of Directors

Announcement on Cash Management Using Idle Self-owned Funds