Announcement Regarding the Transfer of Shares by the Controlling Shareholder and Change in Equity

Securities Code: 002211

Securities Abbreviation: ST Hongda

Announcement Number: 2026-032

Shanghai Hongda New Material Co., Ltd.

Announcement Regarding the Transfer of Shares by the Controlling Shareholder and Change in Equity

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Special Notice:

1. Shanghai Hongda New Material Co., Ltd. (hereinafter referred to as the "Company" or "Listed Company") controlling shareholder Zhu Enwei intends to transfer 21,623,789 shares of the Company (non-tradable shares) held by him to Julong (Urumqi) Technology Co., Ltd. (hereinafter referred to as "Company" or "Julong Technology") through a share transfer agreement (hereinafter referred to as "Subject Shares", "Transaction", "Change in Equity" or "Share Transfer Agreement"). This represents 5.00% of the Company's total share capital.

2. This share transfer agreement does not trigger a mandatory takeover bid. As Julong Technology will simultaneously subscribe for shares issued by the Listed Company to specific targets, it will result in a change of the Company's controlling shareholder and actual controller. For details, please refer to the "Announcement Regarding the Proposed Change of Controlling Shareholder and Actual Controller of Shanghai Hongda New Material Co., Ltd." disclosed by the Company on the same day.

3. Julong Technology has made commitments regarding the lock-up period of the transferred shares of the Listed Company. For details, please refer to "V. Other Explanations and Risk Warnings" of this announcement.

4. Regarding the source of funds for Julong Technology and its affiliated group, Xinjiang Julong Energy (Group) Co., Ltd., for the acquisition of the shares in this share transfer, they have issued the "Commitment Letter on the Source of Funds for this Change in Equity" and the "Commitment Letter of Xinjiang Julong Energy (Group) Co., Ltd. on the Source of Funds for this Change in Equity". For details, please refer to "V. Other Explanations and Risk Warnings" of this announcement.

5. This share transfer is subject to compliance review by the Shenzhen Stock Exchange before it can be processed for transfer of ownership by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "ChinaClear Shenzhen Branch"). The completion of this transaction is uncertain, and investors are advised to pay attention to investment risks.

I. Overview of the Share Transfer Agreement

(I) Basic Information of the Share Transfer Agreement

The Company received notification from its controlling shareholder, Zhu Enwei, on July 23, 2026. Zhu Enwei signed the "Share Transfer Agreement between Zhu Enwei and Julong (Urumqi) Technology Co., Ltd. regarding Shanghai Hongda New Material Co., Ltd." (hereinafter referred to as the "Share Transfer Agreement") with Julong Technology on July 23, 2026. Zhu Enwei intends to transfer 21,623,789 non-tradable shares of the Company held by him to Julong Technology at a price of RMB 5.00 per share. This represents 5.00% of the Company's total share capital. The total transaction price for this share transfer is RMB 108,118,945. The shareholding situation of each party before and after this share transfer agreement is as follows: