Stock Code: 002316 Stock Abbreviation: Yalian Development Announcement No.: 2026-018 Jilin Yalian Development Technology Co., Ltd. Announcement on the Progress of Share Freezing of Controlling Shareholder The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions. I. Basic Information Jilin Yalian Development Technology Co., Ltd. (hereinafter referred to as the "Company") received the "Securities Pledge and Judicial Freezing Details" from China Securities Depository and Clearing Corporation Limited on December 2025. Upon inquiry through the National Enterprise Credit Information Publicity System, it was learned that 52.26 million shares of the Company held by the controlling shareholder, Dalian Zhili Investment Development (Group) Co., Ltd. (hereinafter referred to as "Zhili Development"), were frozen, and the equity of Zhili Development held by the actual controller, Mr. Wang Yongbin, was also frozen. The executing courts are the Dalian High-tech Industrial Park People's Court of Liaoning Province and the Zhanqian District People's Court of Yingkou City, Liaoning Province. For details, please refer to the "Announcement on the Freezing of Shares of the Controlling Shareholder and the Freezing of Equity of the Controlling Shareholder Held by the Actual Controller" (Announcement No.: 2025-062) and the "Announcement on the Progress of the Freezing of Shares of the Controlling Shareholder and the Freezing of Equity of the Controlling Shareholder Held by the Actual Controller" (Announcement No.: 2025-064) published by the Company on December 23, 2025, and December 30, 2025, in the designated information disclosure media, China Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily, and the CNINFO website (URL: http://www.cninfo.com.cn). II. Progress of the Situation The controlling shareholder of the Company recently received the "Civil Ruling" [(2025) Lia 0293 Min Chu No. 25093-3] issued by the Dalian High-tech Industrial Park People's Court (hereinafter referred to as the "Court"). The details are as follows: In the case of the financial loan dispute between the applicant, Bank of Communications Co., Ltd. Dalian Branch, and the respondents, Dalian Liangyun Group Grain and Oil Purchasing and Marketing Co., Ltd., Liangyun Group Co., Ltd., Zhili Development, and Wang Yongbin, the Court made a civil ruling in December 2025, (2025) Lia 0293 Min Chu No. 25093, to freeze the bank deposits of the respondents Dalian Liangyun Group Grain and Oil Purchasing and Marketing Co., Ltd., Liangyun Group Co., Ltd., Zhili Development, and Wang Yongbin totaling 300 million yuan or other equivalent assets. The case is under trial. The applicant, Bank of Communications Co., Ltd. Dalian Branch, has changed its litigation claim against the respondent Zhili Development from joint and several liability for the loan to a claim that the court order Zhili Development to provide joint and several guarantee liability for the loan of 10 million yuan. After review, the Court believes that since the applicant has applied to change the amount of the lawsuit, the preservation measures on the property of the respondent exceeding the amount of the applicant's claim should be lifted. It is ruled: The freeze on the property of the respondent Zhili Development that exceeds 10 million yuan, which was legally frozen, is lifted. III. Other Situations and Risk Warnings The controlling shareholder and its concerted parties do not have any non-operational fund occupation, illegal guarantees, or other behaviors that infringe upon the interests of the Company. The controlling shareholder is actively handling the aforementioned freezing matters. As of the date of this announcement, these freezing matters will not lead to a change in the actual control of the Company and will not have a significant impact on the Company's production and operation and corporate governance. On March 25, 2026, the Company learned through the "Securities Pledge and Judicial Freezing Details" issued by China Securities Depository and Clearing Corporation Limited that the 52.26 million shares of the Company held by Zhili Development are still entirely under judicial re-freezing. The Company will continue to pay attention to the freezing of the controlling shareholder's shares and fulfill its information disclosure obligations in a timely manner in accordance with relevant laws and regulations. We kindly remind investors to make prudent decisions and pay attention to investment risks. IV. Documents for Inspection
- "Civil Ruling of the Dalian High-tech Industrial Park People's Court" [(2025) Lia 0293 Min Chu No. 25093-3];
- "Securities Pledge and Judicial Freezing Details". Hereby announced. Jilin Yalian Development Technology Co., Ltd. Board of Directors 2026 March 26