Major Decision-Making System

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This document outlines Anhui Shenjian New Materials Co., Ltd.'s system for major decision-making, covering investments, financing, asset disposals, and guarantees. It details approval procedures and thresholds for the General Manager, Board of Directors, and Shareholders' Meeting, aiming to regulate operations, mitigate risks, and protect investor rights. The system specifies procedures for internal and external investments, asset transactions, financing, and guarantees, with clear delegation of authority.

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Anhui Shenjian New Materials Co., Ltd. Major Decision-Making System

Chapter 1 General Provisions

Article 1 To strengthen internal control, prevent risks, improve economic efficiency, promote standardized corporate operations, and protect the legitimate rights and interests of investors, Anhui Shenjian New Materials Co., Ltd. (hereinafter referred to as "the Company") has formulated this system in accordance with the "Company Law," the "Stock Listing Rules of the Shenzhen Stock Exchange," and the "Articles of Association" and other relevant laws and regulations.

Article 2 Major decisions referred to in this system mainly include decisions on the Company's investment, financing, and asset projects, including: internal investment, external investment, external financing, acquisition and disposal of assets, asset mortgage, external guarantee matters, entrusted wealth management, related-party transactions, and asset inventory and disposal decisions.

Chapter 2 Internal Investment Decision-Making Management

Article 3 Internal investment refers to the Company's use of its own funds or bank loans for capital construction, technological transformation, new product development and production, purchase and construction of large machinery and equipment, and new project construction.

Article 4 Procedures for the Company's internal investment decisions:

The project undertaking department shall propose an investment plan and project application based on production and operation needs. The project application shall include the basic situation of the project, the necessity and basis for project construction, and the estimated total investment.
Relevant departments and units shall be organized to conduct a feasibility analysis of the project establishment and provide a conclusive opinion on whether to establish the project, submitting a "Project Proposal";
The approval procedures shall be carried out according to the approval authority;
The management shall be responsible for organizing the implementation based on the approval results.

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