002418SZSE

Announcement on Proposed Non-Distribution of Profits for 2025

Kangsheng Co., Ltd.·

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Zhejiang Kangsheng Co., Ltd. announces its 2025 profit distribution proposal: no cash dividends, no bonus shares, and no capital reserve transfer to share capital. This decision is based on the company's operating environment, future development strategy, and the need to maintain financial health, particularly given a negative accumulated undistributed profit on the consolidated statement. The proposal requires shareholder approval.

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Stock Code: 002418 Stock Abbreviation: Kangsheng Shares Announcement No.: 2026-015

Zhejiang Kangsheng Co., Ltd. Announcement on Proposed Non-Distribution of Profits for 2025

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or significant omissions.

Special Notice:

  1. The profit distribution proposal for 2025 by Zhejiang Kangsheng Co., Ltd. (hereinafter referred to as the "Company") is: no cash dividends, no bonus shares, and no capital reserve transfer to share capital.
  2. The Company's 2025 profit distribution proposal does not involve any circumstances that may be subject to other risk warnings as stipulated in Article 9.8.1 of the "Shenzhen Stock Exchange Stock Listing Rules."

I. Deliberation Procedures The Company held the fourth meeting of the Audit Committee of the Seventh Board of Directors on April 23, 2026, and the fifth meeting of the Seventh Board of Directors on April 28, 2026, which deliberated and approved the "Proposal on Profit Distribution for 2025." The Company's Board of Directors' Audit Committee and the Board of Directors believe that the Company's decision not to distribute profits in 2025 is based on the needs of the Company's current operating environment and future development strategies, complies with relevant laws, regulations, and the "Articles of Association," is consistent with the Company's actual operating conditions, and does not harm the interests of the Company's shareholders, especially small shareholders. All parties have agreed to this year's profit distribution proposal. The 2025 profit distribution proposal still needs to be submitted for deliberation by the Company's shareholders' meeting.

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