Detailed Report on Equity Changes

Information Disclosure Obligation Statement

The terms or abbreviations mentioned in this statement have the same meanings as those defined in this report. This report is prepared by the information disclosure obligor in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Measures for the Administration of the Acquisition of Listed Companies," "Guidelines for the Content and Format of Information Disclosure by Companies Issuing Securities to the Public No. 15 - Report on Equity Changes," "Guidelines for the Content and Format of Information Disclosure by Companies Issuing Securities to the Public No. 16 - Report on the Acquisition of Listed Companies," and other relevant laws, regulations, departmental rules, and normative documents.

As of the date of signing this report, apart from the disclosed shareholding information, the information disclosure obligor does not hold any equity in the listed company through any other means. The signing of this report has obtained the necessary authorization and approval, and its execution does not violate any provisions in the articles of association or internal rules of the information disclosure obligor, nor does it conflict with them.

This equity change is based on the "Free Transfer Agreement" signed on May 27, 2026, between the Jilin City State-owned Assets Supervision and Administration Commission (hereinafter referred to as "Jilin City SASAC") and the Jilin Province State-owned Assets Supervision and Administration Commission (hereinafter referred to as "Jilin Province SASAC"), whereby Jilin City SASAC will transfer its 30.96% equity in Jilin Chemical Fiber Group Co., Ltd. (hereinafter referred to as "Chemical Fiber Group") to Jilin Province SASAC without compensation. After the transfer, Jilin Province SASAC will hold 50.32% of Chemical Fiber Group's equity. Following this transfer, the actual controller of Jilin Chemical Fiber will change from Jilin City SASAC to Jilin Province SASAC, which will indirectly control 15.52% of the voting rights of Jilin Chemical Fiber.

This equity change still requires the completion of the change registration procedures for the equity holder with the government market supervision and administration department. This equity change is conducted based on the information contained in this report, and the information disclosure obligor has not entrusted or authorized any other person to provide information not listed in this report or to make any explanations or statements regarding this report.

The information disclosure obligor commits that this report does not contain false records, misleading statements, or significant omissions, and assumes individual and joint legal responsibility for its authenticity, accuracy, and completeness.

Table of Contents

1. Information Disclosure Obligation Statement
2. Introduction of the Information Disclosure Obligor
3. Purpose and Decision-Making Process of the Equity Change
4. Method of Equity Change
5. Source of Funds for the Equity Change
6. Future Plans
7. Impact Analysis on the Listed Company
8. Significant Transactions with the Listed Company
9. Trading of Listed Company Shares in the Past Six Months
10. Financial Information of the Information Disclosure Obligor
11. Other Significant Matters
12. Documents for Reference

Introduction of the Information Disclosure Obligor

Basic Information of the Information Disclosure Obligor

• Name: Jilin Province State-owned Assets Supervision and Administration Commission
• Address: 283 Ziyou Road, Chaoyang District, Changchun City, Jilin Province
• Person in Charge: Wu Qian
• Unified Social Credit Code: 112200007404684267
• Type: Government Agency
• Contact Address: 283 Ziyou Road, Chaoyang District, Changchun City, Jilin Province
• Contact Number: 0431-85618522