Rongsheng Petrochemical announced that it received the Zhejiang Securities Regulatory Bureau's “Decision on Ordering Corrective Measures against Rongsheng Petrochemical Co., Ltd.” on August 12, 2026. After investigation, Yu Fengdi, the company's current employee director, had no labor relationship with the company and did not meet the conditions for employment. As a result, there were no company employee representatives among the board members, in violation of relevant regulations. The company shall submit a written rectification report to the Zhejiang Securities Regulatory Bureau within 30 days. Relevant matters shall not affect the effectiveness of board resolutions and the normal operation of the company.

Rongsheng Petrochemical announced that it received the Zhejiang Securities Regulatory Bureau's “Decision on Ordering Corrective Measures against Rongsheng Petrochemical Co., Ltd.” on August 12, 2026. After investigation, Yu Fengdi, the company's current employee director, had no labor relationship with the company and did not meet the conditions for employment. As a result, there were no company employee representatives among the board members, in violation of relevant regulations. The company shall submit a written rectification report to the Zhejiang Securities Regulatory Bureau within 30 days. Relevant matters shall not affect the effectiveness of board resolutions and the normal operation of the company.