I. Situation of the Company's Initial Public Offering
According to the approval from the China Securities Regulatory Commission regarding the registration of Zhonglun New Materials Co., Ltd.'s initial public offering (Approval No. [2024] 112), the company publicly issued 60.01 million shares of RMB ordinary shares (A shares) at a par value of RMB 1.00 per share, with an issue price of RMB 11.88 per share, and was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on June 20, 2024. After the initial public offering, the total share capital changed from 34 million shares to 40.01 million shares. As of the date of this announcement, the total share capital of the company has not changed.