Yunnan Energy New Material Co., Ltd. (SZSE:002812) agreed to acquire Qingdao Zhongkehualian New Material Co., Ltd. from Bengbu Zhongzida Enterprise Management Center (Limited Partnership), Anhui Hezhuang High-Tech Achievement Fund Partnership Enterprise (Limited Partnership), Derong Venture Capital Fund Partnership Enterprise (Limited Partnership), Dingxin Zhijian (Xiamen) Equity Investment Partnership Enterprise (Limited Partnership), Founder H Fund Co., Ltd. and Other shareholders on December 12, 2025. A cash consideration valued at CNY 34.38 per share will be paid by Yunnan Energy New Material Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Qingdao Zhongkehualian New Material Co., Ltd.

The transaction is subject to approval from the Shenzhen Stock Exchange and registration consent from the China Securities Regulatory Commission; the shareholders? meeting of the listed company shall deliberate on and approve this transaction plan; Other approvals or filings required by relevant laws and regulations (if needed). The matters related to this transaction plan have obtained the principled consent of the Listed Company?s controlling shareholder, actual controller, and persons acting in concert; This transaction plan was reviewed and approved at the 49th meeting of the fifth Board of Directors of the Listed Company held on December 12, 2025; and the Sellers have completed the internal authorizations or approvals necessary at the current stage for this transaction plan.

Yunnan Energy New Material Co., Ltd. (SZSE:002812) cancelled the acquisition of Qingdao Zhongkehualian New Material Co., Ltd. from Bengbu Zhongzida Enterprise Management Center (Limited Partnership), Anhui Hezhuang High-Tech Achievement Fund Partnership Enterprise (Limited Partnership), Derong Venture Capital Fund Partnership Enterprise (Limited Partnership), Dingxin Zhijian (Xiamen) Equity Investment Partnership Enterprise (Limited Partnership), Founder H Fund Co., Ltd. and Other shareholders on May 12, 2026.