Announcement on Expected Daily Related Transactions for the Year 2026
I. Basic Information on Daily Related Transactions
(1) Overview of Related Transactions
Shenzhen Walden Materials Co., Ltd. (hereinafter referred to as "the Company") and its holding subsidiaries plan to conduct daily related transactions in 2026 with related parties Nanjing Suwo New Materials Co., Ltd. (hereinafter referred to as "Nanjing Suwo") for the purchase and sale of products, and with Nanjing Hetai Electric Technology Co., Ltd. (hereinafter referred to as "Nanjing Hetai") for office leasing. The total amount of the aforementioned related transactions is expected to not exceed 7.072 million yuan (including tax). In 2025, the actual amount of related transactions with the aforementioned related parties was 5.1086 million yuan (including tax). These daily related transactions were approved by the sixth meeting of the eighth board of directors held on March 31, 2026, with 7 votes in favor, 0 votes against, and 0 abstentions. Related directors Mr. Zhou Heping and Ms. Yi Huarong abstained from voting. The aforementioned daily related transactions do not constitute a major asset reorganization as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies" and do not require approval from other relevant departments. This proposal has been reviewed and unanimously approved by the Company's audit committee and independent directors. The daily related transactions fall within the approval authority of the board of directors and do not need to be submitted for shareholder meeting approval.
(2) Expected Categories and Amounts of Daily Related Transactions
| Related Transaction Category | Related Party | Related Transaction Content | Pricing Principle | Total Expected Amount for 2026 | Amount Incurred as of Announcement Date | Amount Incurred in 2025 |
|---|---|---|---|---|---|---|
| Sales to Related Party | Nanjing Suwo | Electronic materials, power products | Market pricing | 700.00 | 126.48 | 503.66 |
| Leasing from Related Party | Nanjing Hetai | Office leasing | Market pricing | 7.20 | 0.00 | 7.20 |
| Total | 707.20 | 126.48 | 510.86 |
The Company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.