Announcement on the Latest Progress of Stock Allocation from the Company's Administrator Account

Securities Code: 002427 Securities Abbreviation: Youfu Shares Announcement No.: 2026-021 Zhejiang Youfu High-Tech Fiber Co., Ltd. Announcement on the Latest Progress of Stock Allocation from the Company's Administrator Account The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or major omissions. I. Stock Allocation from the Company's Administrator Account The "Restructuring Plan" of Zhejiang Youfu High-Tech Fiber Co., Ltd. (hereinafter referred to as the "Company") was completed in the 2022 fiscal year, and the shares transferred from capital reserve to share capital were all credited to the Company's administrator account on December 9, 2022. On December 15, 2022, the Company's administrator applied to the court to transfer 373,150,133 transferred shares to the securities accounts of the Company's restructuring investor, certain creditors, and shareholders registered on the equity registration date of December 9, 2022. For details, please refer to the "Announcement on Changes in Shareholder Equity and Changes in Controlling Sharehold