Announcement on Signing Investment Agreement and Progress of Can Lid Manufacturing Project

Guangdong Yinglian Packaging Co., Ltd.

Announcement on Signing Investment Agreement and Progress of Can Lid Manufacturing Project

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

I. Overview of the External Investment Project

(I) Deliberation Process

Guangdong Yinglian Packaging Co., Ltd. (hereinafter referred to as the "Company" or "Yinglian Packaging") held the 22nd meeting of the Fourth Board of Directors and the 21st meeting of the Fourth Supervisory Board on August 28, 2025, and convened the Second Extraordinary General Meeting of Shareholders in 2025 on September 15, 2025. The proposal "Regarding the Investment in the Construction of a Can Lid Manufacturing Project" was deliberated and approved. The Company plans to invest approximately RMB 918 million through its wholly-owned subsidiary Yinglian Metal Technology (Yangzhou) Co., Ltd. (hereinafter referred to as "Yangzhou Yinglian") to construct the can lid manufacturing project. The Company's Board of Directors and its authorized personnel are authorized to sign the investment agreement with relevant government departments and handle related project procedures.

(II) Progress

The Company recently signed the "Investment Agreement" with the Management Committee of Jiangdu District High-end Equipment Manufacturing Industrial Park (hereinafter referred to as the "Management Committee" or "Party A") regarding the aforementioned investment matter.

The Company has no relationship with the Management Committee. The signing of this agreement does not involve related party transactions, nor does it constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies."

II. Basic Information of the Counterparty to the Agreement

1. Name: Management Committee of Jiangdu District High-end Equipment Manufacturing Industrial Park

2. Nature of Institution: Local government dispatched institution

3. Address: No. 1 Hongyuan Road, Shaobo Town, Jiangdu District, Yangzhou City

4. Relationship: The Company does not have a relationship with the Management Committee of Jiangdu District High-end Equipment Manufacturing Industrial Park.

5. Ability to Perform: The counterparty has a good credit status and has the ability to fully perform its obligations.

III. Main Terms of the Investment Agreement

(I) Parties to the Agreement

Party A to the Agreement: Management Committee of Jiangdu District High-end Equipment Manufacturing Industrial Park

Party B to the Agreement: Yinglian Metal Technology (Yangzhou) Co., Ltd.

(II) Investment Overview