Pre-disclosure Announcement on Share Reduction by Shareholders Holding Over 5% of Shares

1. Securities Code: 301358
   Securities Abbreviation: Hunan Youneng
   Announcement Number: 2026-040

Hunan Youneng New Energy Battery Materials Co., Ltd. announces the pre-disclosure of share reduction by shareholders holding over 5% of shares. Shareholder Ningde Times New Energy Technology Co., Ltd. guarantees that the information provided to the company is true, accurate, complete, and free from false records, misleading statements, or significant omissions. The company and all members of the board of directors ensure that the announcement content is consistent with the information provided by the information disclosure obligor.

Special Reminder:

1. Shareholder Ningde Times, holding 59,846,140 shares (7.10% of the total share capital) of Hunan Youneng, plans to reduce its holdings by no more than 25,300,206 shares, or 3% of the total share capital, within three months after the disclosure of this reduction plan, starting 15 trading days after the announcement, through centralized bidding and block trading.
2. This reduction plan is a normal reduction based on Ningde Times' regular investment arrangements and fund management needs and will not affect the business cooperation between the parties.

The company has recently received a "Notice of Share Reduction Plan" from shareholder Ningde Times (hereinafter referred to as the "Notice"), and the relevant situation is announced as follows: