Shunbo Alloy: Received the Decision on Administrative Supervision Measures by the Chongqing Securities Regulatory Bureau.

Shunbo Alloy announcement, the company and related personnel have received the decision of the Chongqing Securities Regulatory Bureau's administrative supervision measures. In 2024, there were cases of revenue recognition across periods, and the determination of the net realizable value during the inventory impairment calculation was unreasonable, leading to insufficient provision for inventory write-downs. The credit risk of individual accounts receivable items was not sufficiently considered, leading to insufficient provision for bad debts of other receivables. The above problems resulted in inaccurate financial reporting in the company's 2024 annual report disclosure.