002324SZSE

Special Report on Non-Operating Fund Occupation and Other Related Party Fund Transactions in 2025

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This report details Shanghai Pulite Composite Material Co., Ltd.'s non-operating fund occupation and other related party fund transactions for 2025. It was prepared according to regulatory requirements and audited by Zhonghua Certified Public Accountants LLP. The report confirms the accuracy of the disclosed information against the audited financial statements, with no material discrepancies found.

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Shanghai Pulite Composite Material Co., Ltd. Special Report on Non-Operating Fund Occupation and Other Related Party Fund Transactions in 2025

Zhonghua (2026) No. 02675

To all shareholders of Shanghai Pulite Composite Material Co., Ltd.:

We were engaged to audit the financial statements of Shanghai Pulite Composite Material Co., Ltd. (hereinafter referred to as "Pulite Material Company") for the year ended December 31, 2025, including the consolidated and company balance sheets, income statements, cash flow statements, statements of changes in owners' equity, and notes to the financial statements, and issued our audit report, Zhonghua (2026) No. 02673, on April 23, 2026.

In accordance with the requirements of the "Supervision Guidance No. 8 for Listed Companies - Supervision of Listed Company Fund Transactions and External Guarantees" issued by the China Securities Regulatory Commission, and the format of the summary table of non-operating fund occupation and other related party fund transactions stipulated in the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guide No. 1 - Business Handling," Pulite Material Company has compiled the attached summary table of non-operating fund occupation and other related party fund transactions for the year ended December 31, 2025 (hereinafter referred to as the "Summary Table").

The preparation and external disclosure of the Summary Table, ensuring its truthfulness, legality, and completeness, are the responsibility of Pulite Material Company's management. We have reviewed the information contained in the Summary Table against the audited financial statements and related information of Pulite Material Company for 2025 and found no inconsistencies in all material aspects. In addition to the audit procedures related to related party transactions performed as part of the 2025 financial statement audit, we have not performed any additional audit procedures on the information contained in the Summary Table. For a better understanding of Pulite Material Company's non-operating fund occupation and other related party fund transactions in 2025, the Summary Table should be read in conjunction with the audited financial statements.

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