Announcement on Carrying Out Foreign Exchange Derivative Transactions

Securities Code: 002361 Securities Abbreviation: ShenJian Co., Ltd. Announcement No.: 2026-014 Anhui ShenJian New Materials Co., Ltd. Announcement on Carrying Out Foreign Exchange Derivative Transactions The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions. Anhui ShenJian New Materials Co., Ltd. (hereinafter referred to as the "Company") held the Second Meeting of the Seventh Board of Directors on April 24, 2026, and deliberated and passed the "Proposal on Carrying Out Foreign Exchange Derivative Transactions." It was agreed that the Company would carry out foreign exchange derivative transactions with an amount not exceeding RMB 100 million (or equivalent in foreign currency). The term of these transactions shall not exceed 12 months from the date of approval by the Board of Directors. Within this period and amount, the funds can be used in a revolving manner. The relevant situation is hereby announced as follows: I. Basic Situation of Carrying Out Foreign Exchange Derivative Transactions (I) Purpose of Transactions To hedge against foreign exchange market risks, reduce the impact of exchange rate and interest rate fluctuations on the Company's performance, improve the efficiency of foreign currency fund utilization, and reasonably reduce financial expenses, increase exchange gains, and lock in exchange costs. (II) Quota and Term The Company and its subsidiaries plan to use idle self-owned funds not exceeding RMB 100 million (or equivalent in foreign currency) for foreign exchange derivative transactions. The term is within 12 months from the date of approval by the Company's Board of Directors. Within the above-mentioned usage period and quota, the funds can be used in a revolving manner. (III) Types of Transaction Business The foreign exchange derivative transactions that the Company and its subsidiaries plan to carry out include, but are not limited to: forward foreign exchange settlement and sales, foreign exchange swaps, foreign exchange options, interest rate swaps, interest rate futures, interest rate options, and ot