Announcement on the Transfer of Subsidiary Equity

Stock Code: 002565 Stock Abbreviation: Shunhao Co. Announcement No.: 2026-036

Shanghai Shunhao New Materials Technology Co., Ltd.

Announcement on the Transfer of Subsidiary Equity

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

I. Overview of the Transaction

On June 12, 2026, Shanghai Shunhao New Materials Technology Co., Ltd. (hereinafter referred to as the "Company") held the 16th meeting of the 6th Board of Directors, which reviewed and approved the "Proposal on the Transfer of Subsidiary Equity." It was agreed that the Company intends to transfer its 33% equity in Yunnan Yuxi Printing Co., Ltd. (hereinafter referred to as the "Target Company" or "Yuxi Printing") to Yunnan Chengluo Enterprise Management Co., Ltd. (hereinafter referred to as "Yunnan Chengluo" or the "Transferee") for RMB 74,250,170.07. Upon completion of this transaction, the Company will no longer directly hold equity in Yuxi Printing.

On the same day, the Company and Yunnan Chengluo signed the "Equity Transfer Agreement for Yunnan Yuxi Printing Co., Ltd." It is stipulated that "this agreement shall become effective upon the signature of the legal representatives or authorized representatives of all parties and the affixation of their official seals, and upon the Target Company issuing a shareholder resolution whereby existing shareholders other than the transferor waive their pre-emptive rights to the equity being transferred, and the Company obtaining approval from the Board of Directors and the Shareholders' Meeting according to its internal decision-making authority and procedures (whichever is later)."

According to the "Shenzhen Stock Exchange Stock Listing Rules," "Company Articles of Association," and other relevant laws, regulations, and systems, this transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies," and does not require approval from relevant authorities.

This transaction has been reviewed and approved by the 16th meeting of the 6th Board of Directors. It is hereby submitted to the Shareholders' Meeting to authorize the Company's management or its designated authorized representative to handle the subsequent procedures and document signing matters related to this transaction, including but not limited to signing relevant agreements and handling industrial and commercial changes. This matter still needs to be submitted for the Shareholders' Meeting's approval.

II. Basic Information of the Transferee

1. Company Name: Yunnan Chengluo Enterprise Management Co., Ltd.

2. Company Type: Limited Liability Company (Natural Person Investment or Holding)

3. Legal Representative: Chen Ling

4. Date of Establishment: February 18, 2019

5. Company Address: No. 34, Ziyun North Road, Nanning Street, Qilin District, Qujing City, Yunnan Province

6. Registered Capital: RMB 10 million

7. Unified Social Credit Code: 91530302MA6NKMKT2N

8. Business Scope: General items: Enterprise management; supply chain management services; information consulting services (excluding information consulting services subject to licensing). (Except for projects subject to approval according to law, business activities can be independently carried out with the business license.)

9. Shareholder Structure:

1. Actual Controller: Su Yunyan

2. The Transferee and the Company and its top ten shareholders do not have any relationship of association in terms of property rights, business, assets, creditors' rights and debts, personnel, or other relationships that may or have already caused the Company to favor its interests.

3. Main Financial Data for the Most Recent Year: