Announcement on the Voting Results of the First Creditors' Meeting of the Subsidiary

Announcement on the Voting Results of the First Creditors' Meeting of the Subsidiary

The company and its board of directors guarantee the content of the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.

Key Content Reminder:

1. On September 4, 2025, Zhejiang Bangjie Holding Group Co., Ltd. (hereinafter referred to as the "Company" or "Listed Company") disclosed the "Notice of Application for Bankruptcy Reorganization of Subsidiary" (Announcement No.: 2025-092). The Company and its controlling subsidiary Yangzhou Bangjie New Energy Technology Co., Ltd. (hereinafter referred to as "Yangzhou Bangjie") received a "Notice from the People's Court of Yangzhou Economic and Technological Development Zone, Jiangsu Province" (hereinafter referred to as the "Court" or "Yangzhou ETDZ Court") [(2025) Su 1091 Po Shen No. 16-1] and other materials, learning that Industrial Bank Co., Ltd. Suzhou Branch (hereinafter referred to as "Industrial Bank") applied to the Court for pre-reorganization of Yangzhou Bangjie on the grounds that Yangzhou Bangjie was unable to repay its due debts and was clearly lacking in solvency, but possessed reorganization value.

2. On September 16, 2025, the Company disclosed the "Announcement on the Court's Ruling to Accept the Applicant's Pre-reorganization Application for the Subsidiary" (Announcement No.: 2025-094). The Court ruled to accept the pre-reorganization application.

3. On November 18, 2025, the Company disclosed the "Announcement on the Subsidiary Receiving the Court's Decision Appointing a Manager" (Announcement No.: 2025-111). The Court appointed a joint administrator for the pre-reorganization of Yangzhou Bangjie, comprising Beijing Tian Da He (Nanjing) Law Firm, Zhongrui Yuehua Certified Public Accountants Jiangsu Co., Ltd., Shanghai Zaisheng Law Firm, and Jiangsu Liansheng Law Firm (hereinafter referred to as the "Pre-reorganization Administrator").

4. On November 27, 2025, the Company disclosed the "Announcement on the Commencement of Pre-reorganization and Application for Claims by the Subsidiary" (Announcement No.: 2025-115). The Pre-reorganization Administrator carried out work related to the pre-reorganization of Yangzhou Bangjie in accordance with relevant laws and regulations, and issued a notice for claims application regarding the pre-reorganization of Yangzhou Bangjie.

5. On December 11, 2025, the Company disclosed the "Announcement on Receiving the Court's Letter of Consent for the Subsidiary to Borrow Funds During the Pre-reorganization Period" (Announcement No.: 2025-118). The Court agreed that the debtor Yangzhou Bangjie could borrow funds during the pre-reorganization period to benefit the debtor's assets and maintain its reorganization value.

6. On February 3, 2026, the Company disclosed the "Announcement on the Court's Ruling to Accept the Applicant's Reorganization Application for the Subsidiary" (Announcement No.: 2026-013). The Court ruled to accept the reorganization application filed by Industrial Bank Co., Ltd. Suzhou Branch for Yangzhou Bangjie.

7. On February 5, 2026, the Company disclosed the "Announcement on the Subsidiary Receiving the Court's Decision Appointing a Reorganization Administrator" (Announcement No.: 2026-015). The Court appointed a joint administrator for the reorganization of Yangzhou Bangjie, comprising Beijing Tian Da He (Nanjing) Law Firm, Zhongrui Yuehua Certified Public Accountants Jiangsu Co., Ltd., Shanghai Zaisheng Law Firm, and Jiangsu Liansheng Law Firm (hereinafter referred to as the "Administrator"), with Zhou Wei as the head of the administration.

8. On February 7, 2026, the Company disclosed the "Announcement on the Commencement of Reorganization and the First Creditors' Meeting of the Subsidiary" (Announcement No.: 2026-016). According to the "Announcement" issued by the Court [(2026) Su 1091 Po No. 1], and the "Notice of Claims Application" served by the Administrator, creditors of Yangzhou Bangjie were required to apply for their claims to the Administrator before March 21, 2026. The first creditors' meeting was scheduled for April 2, 2026, at 9:30 AM.

9. On April 4, 2026, the Company disclosed the "Announcement on the Situation of the First Creditors' Meeting of the Subsidiary" (Announcement No.: 2026-032). The first creditors' meeting of Yangzhou Bangjie was held on April 2, 2026, at 9:30 AM.