2025 Annual General Meeting Resolution Announcement

Securities Code: 002434 Securities Abbreviation: Wanliyang Announcement No.: 2026-017

Zhejiang Wanliyang Co., Ltd. 2025 Annual General Meeting Resolution Announcement

The Company and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Special Notes:

1. There were no additions, changes, or rejections of proposals at this shareholder meeting.
2. This shareholder meeting does not involve any changes to resolutions previously passed by shareholders.

I. Meeting Convening and Attendance

(I) Meeting Convening Situation

1. Meeting Time On-site Meeting Time: May 11, 2026, 13:30 Online Voting Time: May 11, 2026. Specifically: Online voting via Shenzhen Stock Exchange system: May 11, 2026, 9:15-9:25, 9:30-11:30, 13:00-15:00; Online voting via Shenzhen Stock Exchange internet voting system: Any time between May 11, 2026, 9:15 and 15:00.

2. On-site Meeting Location: Second Floor Meeting Room, Zhejiang Wanliyang Co., Ltd., No. 3999 Bin Hong West Road, Jinhua City, Zhejiang Province.

3. Meeting Method: Combination of on-site voting and online voting.

4. Meeting Convener: The Board of Directors

5. Meeting Chairman: Mr. Huang Heqing, Chairman of the Board

6. The convening of this meeting complies with the relevant provisions of the "Company Law of the People's Republic of China," "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 1 - Standardized Operation of Main Board Listed Companies," and other laws, administrative regulations, departmental rules, normative documents, and the "Company Articles of Association."

(II) Meeting Attendance Situation

1. Overall Attendance A total of 288 shareholders and their representatives attended the on-site meeting and participated in online voting, representing 595,358,839 shares, or 45.3572% of the company's total share capital of 1,312,600,000 shares. Of these, 5 shareholders and their representatives attended the on-site meeting, representing 584,223,444 shares, or 44.5089% of the company's total share capital of 1,312,600,000 shares. A total of 283 shareholders voted online, representing 11,135,395 shares, or 0.8483% of the company's total share capital of 1,312,600,000 shares.

2. Overall Attendance of Small and Medium Investors A total of 285 small and medium investors (i.e., shareholders other than the company's directors, senior management, and those holding 5% or more of the company's shares, individually or collectively) and their representatives attended the on-site meeting and participated in online voting, representing 66,985,695 shares, or 5.1033% of the company's total share capital of 1,312,600,000 shares.

3. No shareholders entrusted independent directors to vote at this meeting. The company's directors and senior management attended the meeting. Mr. Zhang Qi and Ms. Gao Meijuan, lawyers from Zhejiang Liuhe Law Firm, attended the meeting to witness the proceedings and issued a legal opinion.

II. Proposal Review and Voting Results