Zhejiang Nandu Power Co., Ltd.
Special Self-Inspection Report on Application for Pre-Restructuring and Restructuring by Creditor
The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
On July 8, 2026, Zhejiang Nandu Power Co., Ltd. (hereinafter referred to as the "Company" or "Applicant") disclosed the "Notice Announcement on Application for Pre-Restructuring and Restructuring by Creditor" on the Juchao Information Network (www.cninfo.com.cn). A creditor of the Company, Zhejiang Huazheng Energy Materials Co., Ltd. (hereinafter referred to as the "Applicant"), applied to the Hangzhou Intermediate People's Court (hereinafter referred to as the "Hangzhou Intermediate Court" or the "Court") for pre-restructuring and restructuring of the Company on the grounds that the Company is unable to repay its due debts but possesses restructuring value.
As of the date of this announcement, the Company has not yet received the relevant court documents. There is significant uncertainty as to whether the Applicant's application will be accepted by the court, and whether the Company will subsequently enter pre-restructuring and restructuring procedures. In accordance with the "ChiNext Stock Market Listing Rules of the Shenzhen Stock Exchange" (hereinafter referred to as the "ChiNext Listing Rules") and "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 14 - Bankruptcy Restructuring and Other Matters," the Company has conducted a comprehensive self-inspection regarding whether it is involved in circumstances that would lead to mandatory delisting by the Shenzhen Stock Exchange, as well as matters such as fund occupation by the controlling shareholder, actual controller, and other related parties, external guarantees, and fulfillment of commitments. The specific situation is announced as follows:
I. Whether there are circumstances involving major violations of laws and regulations in areas such as national security, public security, ecological security, production safety, and public health and safety that could lead to the termination of stock listing.
As of the date of this report, the Company has not encountered any circumstances involving major violations of laws and regulations in areas such as national security, public security, ecological security, production safety, and public health and safety that could lead to the termination of stock listing.
II. Whether there are circumstances involving fraudulent issuance, major information disclosure violations, or other major violations that seriously disrupt market order, which could lead to the termination of stock listing.
As of the date of this report, the Company has not encountered any circumstances involving fraudulent issuance, major information disclosure violations, or other major violations that seriously disrupt market order, which could lead to the termination of stock listing.
III. Whether there are major deficiencies in information disclosure or standardized operations that could lead to the termination of stock listing.
As of the date of this report, the Company has not encountered any circumstances involving major deficiencies in information disclosure or standardized operations that could lead to the termination of stock listing.
IV. Non-operating fund occupation of company funds by the Company's controlling shareholder, actual controller, and other related parties.
As of the date of this report, no non-operating fund occupation of company funds by the Company's controlling shareholder, actual controller, and other related parties has been found.
V. Circumstances of the Company's non-compliant external guarantees.