Jiangsu Huasheng Lithium Battery Materials Co., Ltd. 2026 First Extraordinary Shareholders' Meeting Resolution Announcement

Stock Code: 688353 Stock Short Name: Huasheng Lithium Battery Announcement No.: 2026-016

Announcement of Resolutions of the First Extraordinary General Meeting of Shareholders in 2026 of Jiangsu Huasheng Lithium Battery Materials Co., Ltd.

The board of directors of the Company and all of its directors hereby ensure that there are no false records, misleading statements or material omissions in the contents of this announcement, and they shall assume legal responsibility for the truthfulness, accuracy and completeness of the contents of this announcement in accordance with the law.

Key Matters for Attention:

● Whether any proposals were rejected at this meeting: None

I. Convening and Attendance at the Meeting

(I) Time of the general meeting: March 26, 2026

(II) Venue of the general meeting: Conference Room on the first floor, No. 1 Desheng Road, Jiangsu Yangtze River International Chemical Industrial Park, the Company

(III) Circumstances regarding the holders of ordinary shares, holders of special voting rights, holders of preferred shares with restored voting rights, and the number of voting rights held:

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Note: As of the share registration date for this general meeting, the Company’s total share capital was 159,500,000 shares. Among them, the number of shares held in the Company’s repurchase-special account was 4,780,934 shares. Pursuant to the《上市公司股份回购规则》(Rules for Share Repurchases of Listed Companies), the shares repurchased by a listed company do not carry voting rights at the general meeting. The total number of shares entitled to voting rights for this general meeting was 154,719,066 shares.

(IV) Whether the voting method complies with the provisions of the Company Law and the Company’s articles of association, and the chairing of the general meeting, etc.

This general meeting was convened by the Company’s board of directors. Mr. Shen Jinliang, the chairman of the board, presided over the meeting. The voting method adopted a combination of on-site voting and online voting. The convening and holding procedures, the voting method and the voting procedures of this general meeting all comply with the《中华人民共和国公司法》(Company Law of the People’s Republic of China) and the《江苏华盛锂电材料股份有限公司章程》(Articles of Association of Jiangsu Huasheng Lithium Battery Materials Co., Ltd.).

(V) Attendance of the Company’s directors and the secretary of the board of directors

1. There were 9 directors in office at the Company, and all 9 attended;

2. Mr. Huang Zhendong, the secretary of the board of directors, attended this general meeting; other senior executives attended.

II. Consideration of Proposals

(I) Non-cumulative voting proposals

1. Proposal name:《Proposal on the Company Issuing H-Share Stock and Listing on The Stock Exchange of Hong Kong Limited》

Voting result: Approved

Voting details:

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2.00、Proposal name:《Proposal on the Company Issuing H-Share Stock and the Scheme for Listing on The Stock Exchange of Hong Kong Limited》

2.01、Proposal name:《Place of Listing》

Voting result: Approved

Voting details:

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2.02、Proposal name:《Type and Par Value of the Shares to Be Issued》

Voting result: Approved

Voting details:

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2.03、Proposal name:《Issuance and Listing Time》

Voting result: Approved

Voting details:

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2.04、Proposal name:《Method of Issuance》

Voting result: Approved

Voting details:

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2.05、Proposal name:《Issuance Size》

Voting result: Approved

Voting details:

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2.06、Proposal name:《Pricing Method》

Voting result: Approved

Voting details:

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2.07、Proposal name:《Placees of the Issuance》

Voting result: Approved

Voting details:

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2.08、Proposal name:《Principles of Offer》

Voting result: Approved

Voting details:

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3、Proposal name:《Proposal on the Company Converting to an Overseas Publicly Offering Share Company》

Voting result: Approved

Voting details:

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4、Proposal name:《Proposal on the Validity Period of the Resolution for the Company’s Issuance of H-Share Stock and Listing on The Stock Exchange of Hong Kong Limited》

Voting result: Approved

Voting details:

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5、Proposal name:《Proposal on Requesting the General Meeting to Authorize the Board of Directors and Authorize Relevant Persons to Fully and Proportionately Handle, at Their Discretion, Matters Related to the Current Overseas Public Issuance of H-Share Stock and the Listing》

Voting result: Approved

Voting details:

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6、Proposal name:《Proposal on the Plan for the Use of Proceeds from the Company’s Overseas Public Issuance of H-Share Stock》

Voting result: Approved

Voting details:

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7、Proposal name:《Proposal on the Distribution of Accumulated Profits Carried Forward Prior to the Company’s Issuance of H-Share Stock》

Voting result: Approved

Voting details:

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8.00、Proposal name:《Proposal on Formulating the〈Articles of Association (Draft)〉 and Related Rules of Procedure (Draft) Applicable after the Issuance and Listing of the Company’s H-Share Stock》

8.01、Proposal name:《Articles of Association (Draft)》

Voting result: Approved

Voting details:

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8.02、Proposal name:《Rules of Procedure for General Meetings (Draft)》

Voting result: Approved

Voting details:

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8.03、Proposal name:《Rules of Procedure for Board Meetings (Draft)》

Voting result: Approved

Voting details:

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9.00、Proposal name:《Proposal on Revising the Company’s Internal Governance System in Accordance with Requirements for H-Share Listed Companies》

9.01、Proposal name:《Working Rules for Independent Directors (Draft)》

Voting result: Approved

Voting details:

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9.02、Proposal name:《Administrative Measures for External Guarantees (Draft)》

Voting result: Approved

Voting details:

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9.03、Proposal name:《Administrative Measures for External Investment (Draft)》

Voting result: Approved

Voting details:

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9.04、Proposal name:《Administrative Measures for the Use of Proceeds (Draft)》

Voting result: Approved

Voting details:

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9.05、Proposal name:《Administrative Measures for Related (Connected) Transactions (Draft)》

Voting result: Approved

Voting details:

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9.06、Proposal name:《Implementation Details for the Cumulative Voting System (Draft)》

Voting result: Approved

Voting details:

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9.07、Proposal name:《Administrative Measures for the Management of Holding Subsidiaries (Draft)》

Voting result: Approved

Voting details:

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9.08、Proposal name:《Administrative Measures for Remuneration Management of Directors and Senior Management (Draft)》

Voting result: Approved

Voting details:

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10、Proposal name:《Proposal on Purchasing Liability Insurance for Directors, Senior Management and Related Personnel of the Company, and Liability Insurance for the Prospectus》

Voting result: Approved

Voting details:

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11、Proposal name:《Proposal on Appointing the Audit Firm for the Issuance and Listing of H Shares》

Voting result: Approved

Voting details:

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12.00、Proposal name:《Proposal on Electing Independent Non-Executive Directors of the Board of Directors》

12.01、Proposal name:《Proposal on Electing Mr. Zhang Wei as an Independent Non-Executive Director of the Third Session of the Board of Directors of the Company》

Voting result: Approved

Voting details:

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(II) Voting details of shareholders holding less than 5% of shares involved in major matters

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(III) Explanations regarding matters related to the voting on proposals

1. Proposals 1, 2, 3, 4, 5, 6, 7, and 8.01 of this general meeting are special resolutions, which were approved by more than two-thirds of the valid voting rights held by the shareholders attending the meeting or their proxies. All other proposals are ordinary resolutions, which were approved by more than one-half of the total shares carrying valid voting rights held by the shareholders attending the meeting or their proxies.

2. Proposals for separate counting for minority investors at this general meeting: Proposals 1, 2, 3, 4, 5, 6, 7, 10, 11, and 12.

III. Legal Counsel’s Witnessing

1. Law firm witnessing this general meeting: Grandall Law Firm (Nanjing)

Lawyers: Zhu Junhui, Chen Huiyu

2. Conclusion of the attorneys’ witnessing opinion:

In summary, the attorneys of this firm believe that: the convening and holding procedures of this extraordinary general meeting of your company comply with the《Company Law》《Rules for General Meetings》《Guidelines for Standardized Operation》 and the Company’s《Articles of Association》; the qualifications of the persons attending the meeting and the qualifications of the convenor are lawful and valid; the proposal and voting procedures for this meeting are lawful and valid; the resolutions formed by this extraordinary general meeting are lawful and valid.

Hereby announced.

Board of Directors of Jiangsu Huasheng Lithium Battery Materials Co., Ltd.

March 27, 2026

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