Yongguan New Materials announced on September 28 that the implementation period for Lu Xinmin, the controlling shareholder and actual controller of the company, has expired, and the plan to increase holdings has been completed. From March 24, 2026 to September 23, 2026, Lu Xinmin increased his total holdings of the company's shares through centralized bidding through the Shanghai Stock Exchange trading system, accounting for 1.29% of the company's total share capital, with a cumulative increase of 53,046,851.57 yuan. After the completion of this increase, Lu Xinmin held 62,925,520 shares of the company, accounting for 26.47% of the company's total share capital; Lu Xinmin and his co-actor Guo Xueyan held a total of 75,062,120 shares of the company, accounting for 31.57% of the company's total share capital. According to the legal opinion issued by Shanghai Guangfa Law Firm, the additional holders of this increase in holdings have the principal qualifications and are exempt from the proposed takeover as stipulated in the “Administrative Measures on Acquisitions of Listed Companies”. The company has fulfilled the required information disclosure obligations at this stage, and that this increase in holdings complies with relevant laws and regulations.

Yongguan New Materials announced on September 28 that the implementation period for Lu Xinmin, the controlling shareholder and actual controller of the company, has expired, and the plan to increase holdings has been completed. From March 24, 2026 to September 23, 2026, Lu Xinmin increased his total holdings of the company's shares by 3,064,700 shares through centralized bidding through the Shanghai Stock Exchange trading system, accounting for 1.29% of the company's total share capital. The cumulative increase in holdings was 53,046,851.57 yuan. After the completion of this increase, Lu Xinmin held 62,925,520 shares of the company, accounting for 26.47% of the company's total share capital; Lu Xinmin and his co-actor Guo Xueyan held a total of 75,062,120 shares of the company, accounting for 31.57% of the company's total share capital. According to the legal opinion issued by Shanghai Guangfa Law Firm, the additional holders of this increase in holdings have the principal qualifications and are exempt from the proposed takeover as stipulated in the “Administrative Measures on Acquisitions of Listed Companies”. The company has fulfilled the required information disclosure obligations at this stage, and that this increase in holdings complies with relevant laws and regulations.