002392SZSE

Progress Announcement on Joint Investment with Professional Investment Institutions

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Beijing Leader High-Temperature Materials Co., Ltd. announces progress on its joint investment with Beijing Fangyuan Jin Ding Investment Management Co., Ltd. The fund's capital was reduced from RMB 365.5 million to RMB 258.95 million. Two limited partners withdrew, and a new limited partner, Ni Zuben, joined by transferring shares and making new contributions.

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Beijing Leader High-Temperature Materials Co., Ltd. Announcement on Progress of Joint Investment with Professional Investment Institutions

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

I. Overview of Joint Investment with Professional Investment Institutions

Beijing Leader High-Temperature Materials Co., Ltd. (hereinafter referred to as the "Company") and Beijing Fangyuan Jin Ding Investment Management Co., Ltd. (hereinafter referred to as "Fangyuan Jin Ding") and other limited partners jointly invested in establishing Gongqingcheng Dingxin Future Venture Capital Partnership (Limited Partnership) (hereinafter referred to as the "Partnership," "Fund"). The target fundraising scale of the Partnership is RMB 365.5 million, with contributions made in cash. The Company, as a limited partner, subscribed for RMB 20 million with its own funds, accounting for 5.4720% of the total subscribed capital of the Partnership.

In accordance with the "Shenzhen Stock Exchange Stock Listing Rules," the "Company Articles of Association," and relevant laws and regulations, this transaction does not constitute a related-party transaction and does not require submission for review by the Company's Board of Directors and Shareholders' Meeting. It also does not constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies" and does not require approval from relevant authorities.

The "Announcement on Joint Investment with Professional Investment Institutions" can be found on the Company's designated information disclosure media on March 11, 2026: "China Securities Journal," "Securities Times," "Securities Daily," "Shanghai Securities News," and the CNINFO website (http://www.cninfo.com.cn).

II. Progress of Joint Investment

Recently, Gongqingcheng Dingxin Future Venture Capital Partnership (Limited Partnership) held a partners' meeting, where it was agreed that all partners of the Partnership would reduce their subscribed capital proportionally based on their subscribed amounts. The registered capital of the Partnership was changed from RMB 365.5 million to RMB 258.95 million. It was also agreed that limited partners Suzhou Ni Sheng Jin Ding Venture Capital Center (Limited Partnership), Wu Weijiang, and Kang Yixin would withdraw, transferring their shares to the new limited partner Ni Zuben, with a total transfer amount of RMB 112 million. Concurrently, the new limited partner Ni Zuben subscribed for an additional RMB 32.16 million. Ni Zuben, through the transfer of shares and new subscriptions, contributed a total of RMB 144.16 million.

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