Share Repurchase Report

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Yantai Shuangta Food Co., Ltd.

Stock Code: 002481 Stock Abbreviation: Shuangta Food No.: 2026-042

Share Repurchase Report

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

Important Notice:

Yantai Shuangta Food Co., Ltd. (hereinafter referred to as "Shuangta Food" or the "Company") intends to use dedicated repurchase loans and internal capital to repurchase some of the Company's RMB ordinary A-shares through centralized bidding transactions.

1. Total Repurchase Amount: The Company intends to use no less than 150 million RMB (inclusive) and no more than 200 million RMB (inclusive) of internal capital and dedicated repurchase loans.

2. Repurchase Price: The price cap is 6.01 RMB per share, which is not higher than 150% of the average trading price of the Company's shares for the 30 trading days prior to the Board of Directors' approval of the share repurchase resolution.

3. Repurchase Quantity: Assuming a maximum repurchase amount of 200 million RMB and a price cap of 6.01 RMB per share, the estimated number of shares to be repurchased is 33.2779 million shares, accounting for approximately 2.70% of the Company's current total share capital. Based on the minimum repurchase amount of 150 million RMB and the price cap of 6.01 RMB per share, the estimated number of shares to be repurchased is 24.9584 million shares, accounting for approximately 2.02% of the Company's current total share capital. The actual number of shares repurchased shall be based on the actual quantity at the end of the repurchase period.

4. Source of Repurchase Funds and Loan Commitment: The Company will use dedicated repurchase loans and internal capital. The Company has obtained a "Loan Commitment Letter" from the Yantai Branch of the Bank of China, agreeing to provide the Company with a repurchase loan of 180 million RMB, subject to regulatory policy requirements, with a loan term of 36 months.

5. Repurchase Period: Within 12 months from the date the Board of Directors approves the share repurchase plan.

6. Purpose of Repurchase: The repurchased shares will be used for equity incentives or employee stock ownership plans at an appropriate time in the future.

7. Share Reduction Plan of Relevant Shareholders: As of the date of this announcement, the Company has not received any share reduction plans from directors, senior management, shareholders holding 5% or more of shares, or their persons acting in concert during the repurchase period. If such entities propose a reduction plan in the future, the Company will fulfill its information disclosure obligations in accordance with relevant regulations.

8. Deliberation Status: The relevant matters for this share repurchase were deliberated and approved at the Second Meeting (Extraordinary) of the Seventh Board of Directors held on July 07, 2026. According to the "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 9 - Share Repurchase" and the "Articles of Association," this matter does not need to be submitted to the shareholders' meeting for deliberation.

9. Risk Warnings

(1) There is a risk that the repurchase plan cannot be implemented or can only be partially implemented if the Company's stock price continuously exceeds the repurchase price cap during the repurchase period.

(2) There is a risk that the repurchase cannot be implemented due to major changes in the Company's production, operation, financial status, external objective conditions, or other factors leading the Board of Directors to decide to terminate the plan, or if the Company no longer meets the legal and regulatory conditions for share repurchases.

(3) There is a risk that the repurchased shares cannot be granted or transferred due to the failure to implement the employee stock ownership plan or equity incentive plan.