Summary of the 2025 Annual Report

Important Notice

This annual report summary is derived from the full annual report. To fully understand the company's operational results, financial status, and future development plans, investors should carefully read the full annual report published in the media designated by the CSRC. All directors attended the board meeting to review this report. Huaxing Accounting Firm (Special General Partnership) provided a standard unqualified audit opinion on the company's financial report for the year. Non-standard audit opinion reminder: □ Applicable ☒ Not applicable. The company was not profitable at the time of listing and has not achieved profitability currently: □ Applicable ☒ Not applicable. The profit distribution plan or capital reserve transfer plan reviewed by the board during the reporting period: □ Applicable ☒ Not applicable. The company plans not to distribute cash dividends, issue bonus shares, or transfer capital reserves to increase share capital.

Company Overview

1. Company Profile

   • Stock Abbreviation: Malion New Materials
   • Stock Code: 300586
   • Stock Exchange: Shenzhen Stock Exchange
   • Contact Person and Information:
     • Secretary of the Board: Duan Wenyong
     • Securities Affairs Representative: Xu Yansheng
     • Office Address: No. 1, Malion Road, Shantou City, Guangdong Province
     • Fax: 0754-89837887
     • Phone: 0754-89831918
     • Email: duanwy@malion.cn, xuys@malion.cn

2. Main Business or Product Overview (1) Main Business Malion New Materials is a company covering polymer materials, fine chemicals, and new energy businesses. Among them:

   1. Polymer Materials Business: Engaged in the R&D, production, sales, and technical services of polymer composite coloring materials, providing integrated solutions for plastic coloring.
   2. Fine Chemicals Business: R&D, production, and sales of fine chemical products such as sodium cyanide, melamine cyanurate, dyes, pigments, and hydrogen derivatives.
   3. New Energy Business: R&D, production, and sales of wet separators for lithium batteries, sodium batteries, and semi-solid batteries; R&D, production, and sales of Prussian blue/white sodium ion battery cathode materials.

(2) Main Products and Application Areas The company's main products include masterbatches, melamine cyanurate, battery wet separators (base films and coated films), and high-performance dyes and pigments.

1. Masterbatches: A new type of polymer composite coloring material made from synthetic resin as a carrier, adding a high proportion of pigments and dispersants through physical mixing, melting, dispersion, extrusion, and granulation processes.
2. Melamine Cyanurate: An important fine chemical product with wide applications, mainly used in the production of triazine pesticides, pigments, active dyes, fluorescent whitening agents, flame retardants, bactericides, color fixatives, fabric anti-shrink agents, antistatic agents, fire retardants, and mothproof agents.
3. Battery Wet Separators: A key internal component of lithium batteries, sodium batteries, and semi-solid batteries, primarily serving to separate the positive and negative electrodes to prevent short circuits while allowing electrolyte ions to pass through.
4. High-Performance Dyes: Products characterized by being green, environmentally friendly, and non-toxic.