2026 Employee Stock Ownership Plan (Draft)

Stock Abbreviation: Yongxing Materials

Stock Code: 002756

Yongxing Special Materials Technology Co., Ltd.

2026 Employee Stock Ownership Plan

(Draft)

August 2026

Statement

The Company and all members of the Board of Directors guarantee that the contents of this Employee Stock Ownership Plan are true, accurate, and complete, and contain no false records, misleading statements, or major omissions.

Risk Warning

1. This Employee Stock Ownership Plan can only be implemented after approval by the Company's general meeting of shareholders. There is uncertainty regarding whether it will subsequently receive such approval.

2. The funding sources, contribution ratios, and implementation plans for this Employee Stock Ownership Plan are preliminary. There is uncertainty regarding whether this plan can be successfully implemented.

3. Employees participate in this plan based on the principles of legality, compliance, voluntary participation, and risk assumption. If the subscription amount by employees is low, there is a risk that the plan will be smaller than expected.

4. The descriptions of company performance assessment indicators in this plan do not represent performance forecasts for the company, nor do they constitute performance commitments.

5. The Company will disclose the progress of this Employee Stock Ownership Plan in a timely manner in accordance with relevant regulations. Investors are advised to make cautious decisions and be aware of investment risks.

Special Tips

The terminology used in this section is consistent with the "Definitions" section.

1. The "Yongxing Special Materials Technology Co., Ltd. 2026 Employee Stock Ownership Plan (Draft)" is formulated by the Company in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Guiding Opinions on the Implementation of Employee Stock Ownership Plans by Listed Companies," the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 1 — Standardized Operation of Main Board Listed Companies," and other relevant laws, administrative regulations, rules, normative documents, and the "Articles of Association of Yongxing Special Materials Technology Co., Ltd."

2. This Employee Stock Ownership Plan follows the principles of independent decision-making by the Company and voluntary participation by employees. There is no forced participation or mandatory allocation.

3. The scope of participants in this Employee Stock Ownership Plan includes directors (excluding independent directors), senior management, core management and technical (business) personnel of the listed company (including consolidated subsidiaries), as well as other employees who have a direct impact on the company's operating performance and future development. The number of participants at the initial establishment of this plan is expected to be no more than 260, including 8 directors and senior managers. The specific number and list of participants will be determined based on actual employee payments. Before the underlying shares are transferred to the name of this plan, the Board of Directors or the management committee authorized by it may adjust the list of participants and allocation ratios based on changes in personnel.

4. The funding source for this Employee Stock Ownership Plan is the legal remuneration of employees, self-raised funds, and other methods permitted by laws and regulations.

5. The source of shares for this Employee Stock Ownership Plan is the A-share common stock of Yongxing Materials held in the company's dedicated repurchase account, totaling no more than 2.6 million shares, accounting for approximately 0.48% of the current total share capital of 539,101,540 shares.

After the implementation of this plan, the total number of shares held by all effective employee stock ownership plans of the company will not exceed 10% of the total share capital, and the total number of shares corresponding to the equity interests obtained by a single employee will not exceed 1% of the total share capital. The total number of shares held by the employee stock ownership plan does not include shares obtained by employees before the company's initial public offering, shares purchased independently in the secondary market, or shares obtained through equity incentives.