002323SZSE

Announcement on the Forecast of Routine Related Transactions for 2026

*ST Yabo Co., Ltd.·

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Shandong Yabo Technology Co., Ltd. announces its forecast for routine related transactions in 2026. The company expects total transaction amounts with Shandong Quansheng Energy Group Co., Ltd. and its subsidiaries to reach 50,000,000,000 RMB. These transactions are for daily operational needs and are priced at market rates, ensuring fairness and not harming shareholder interests. The board of directors and independent directors have reviewed and approved the forecast.

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Securities Code: 002323 Securities Abbreviation: Yabo Shares Announcement No.: 2026-012

Shandong Yabo Technology Co., Ltd. Announcement on the Forecast of Routine Related Transactions for 2026

The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.

I. Basic Situation of Routine Related Transactions

(I) Overview of Routine Related Transactions

The Sixth Board of Directors of Shandong Yabo Technology Co., Ltd. (hereinafter referred to as the "Company") reviewed and approved the necessary routine related transactions for the Company and its subsidiaries in their daily operations with Shandong Quansheng Energy Group Co., Ltd. (hereinafter referred to as "Quansheng Group") and its controlled subsidiaries. In 2025, the actual transaction amount with the logistics center of a subsidiary controlled by Quansheng Group was RMB 10,180.13 million; the actual transaction amount with Zaozhuang Green Energy Investment and Development Group Co., Ltd. was RMB 4,396.27 million; the actual transaction amount with Quansheng (Zaozhuang Xuecheng District) New Energy Co., Ltd. was RMB 168.88 million; the actual transaction amount with Quansheng (Zaozhuang Shizhong District) New Energy Co., Ltd. was RMB 133.05 million; and the actual transaction amount with Shandong Quansheng New Energy Technology Co., Ltd. was RMB 311.86 million. Among these, the routine related transactions with Quansheng Group in 2025 totaled RMB 15,190.18 million, which was a public tender for non-specific objects and did not require board approval. The total estimated amount for routine related transactions with Quansheng Group and its controlled subsidiaries in 2026 is RMB 50,000 million.

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