China National Chemical Equipment Co., Ltd.: Application for the issuance of shares to purchase assets and raise matching funds, as well as related party transactions, has been accepted.

China Equipment Announcement: The company plans to issue shares to acquire 100% equity of Yueyang Rubber and Plastic Machinery Group Co., Ltd. held by China Chemical Equipment Co., Ltd., and 100% equity of Blue Star Chemical Machinery Co., Ltd. held by Beijing Blue Star Energy Investment Management Co., Ltd., and to issue shares to raise matching funds from up to 35 specific investors who meet the conditions. On February 24, 2026, the company received a notice issued by the Shanghai Stock Exchange on the acceptance of the application for China Equipment Technology Co., Ltd. to issue shares to purchase assets and raise matching funds. The Stock Exchange has decided to accept the application and conduct a review in accordance with the law. This transaction still requires approval from the Stock Exchange and registration approval from the China Securities Regulatory Commission before it can be implemented.