Announcement of Yingkou Fengguang New Materials Co., Ltd. on the Cash Acquisition of Controlling Stake in Anhui Ruihua New Materials Co., Ltd.

Securities Code: 301100

Securities Abbreviation: Fengguang Shares

Announcement No.: 2026-026

Announcement of Yingkou Fengguang New Materials Co., Ltd. on the Cash Acquisition of Controlling Stake in Anhui Ruihua New Materials Co., Ltd.

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

I. Overview of Related Transactions

Yingkou Fengguang New Materials Co., Ltd. (hereinafter referred to as the "Company") intends to acquire a 90% equity interest in Anhui Ruihua New Materials Co., Ltd. (hereinafter referred to as "Ruihua") for a purchase price of RMB 81 million.

This transaction does not constitute a major asset restructuring as defined by the "Measures for Major Asset Restructuring of Listed Companies" and the "Shenzhen Stock Exchange GEM Stock Listing Rules," nor does it constitute a related-party transaction. In accordance with the "Shenzhen Stock Exchange GEM Stock Listing Rules" and the "Articles of Association," the above transaction does not require submission for shareholder approval.

II. Basic Information of the Target

Company Name: Anhui Ruihua New Materials Co., Ltd.

Nature of Enterprise: Limited Liability Company (Invested or Controlled by Natural Persons)

Registered Address: No. 6, Wanjiang Avenue, Eastern Industrial Park, Tongling Economic and Technological Development Zone, Anhui Province

Legal Representative: Pan Shengqiao

Registered Capital: RMB 100 million

Unified Social Credit Code: 91340700MA2TTH8J8U

Business Scope: General items: Manufacturing of special chemical products (excluding hazardous chemicals); Manufacturing of synthetic materials (excluding hazardous chemicals); Manufacturing of special equipment for refining and chemical production; Manufacturing of general equipment (excluding special equipment); Manufacturing of dust removal technology equipment; Research and development of new material technologies; Promotion services for new material technologies; Technical services, technology development, technical consulting, technical exchange, technology transfer, technology promotion; Sales of special equipment for refining and chemical production; Sales of pumps and vacuum equipment; Sales of fans and blowers; Sales of plastic products; Manufacturing of plastic products; Sales of synthetic materials; Sales of industrial automatic control system devices; Sales of food additives (projects subject to approval according to law shall be operated only after obtaining approval from relevant departments). In addition to the above, it may independently operate business projects not prohibited by laws and regulations; Licensed projects: Electrical installation services; Production of food additives (projects subject to approval according to law shall be operated only after obtaining approval from relevant departments, and the specific business projects shall be subject to the approval documents or licenses from relevant departments).

Ruihua is the first company in China to achieve the production process of the third-generation stearate high-temperature continuous tubular method, with a current total production capacity of approximately 80,000 tons. Its main products include calcium stearate, zinc stearate, magnesium stearate, sodium stearate, zinc laurate, and mixed stearates. These products are used as halogen absorbents and pre-mix additives in polyolefin production; heat stabilizers for polyvinyl chloride; dispersants for white carbon black in tire production; and additives for polyurethanes, phenolic resins, resins for coatings, and polyamides, unsaturated polyester resins.

Equity Structure Before Transaction:

The transaction target is not a dishonest judgment debtor.

Equity Structure After Transaction: