Baolu-Tex-KY Board Approves Subsidiary Zhejiang Anshun Chemical Fiber's New Factory Construction via Self-Land Commission

1. Contract Type: Self-Land Commission 2. Event Date: 115/7/8 ~ 115/7/8 3. Board Approval Date: July 8, 2026 (Minguo Year 115) 4. Other Approval Dates: Not applicable 5. Counterparty and Relationship with the Company: Counterparty to be confirmed and announced separately 6. Main Contract Contents (Total Contract Amount, Expected Investment Amount, Contract Period, Restrictive Clauses, and Other Important Terms): Construction project budget is RMB 96.55 million. Restrictive clauses and other important terms: None 7. Name of Professional Appraisal Firm or Company and Appraisal Result: Not applicable 8. Name of Real Estate Appraiser: Not applicable 9. License Number of Real Estate Appraiser: Not applicable 10. Specific Purpose of Acquisition: To meet the future operational development needs of the group 11. Dissenting Director Opinions on This Transaction: None 12. Is This a Related-Party Transaction: No 13. Date of Supervisor Approval or Audit Committee Consent: July 8, 2026 (Minguo Year 115) 14. Is the Appraisal Report a Limited Price, Specific Price, or Special Price: No or Not applicable 15. Has the Appraisal Report Not Yet Been Obtained: No or Not applicable 16. Reason for Not Yet Obtaining the Appraisal Report: Not applicable 17. Reasons for Significant Differences in Appraisal Results and Auditor's Opinion: Not applicable 18. Name of Accounting Firm: Not applicable 19. Name of Auditor: Not applicable 20. Auditor's License Number: Not applicable 21. Previous Date of Material Information Disclosure on the Same Event: Not applicable 22. Other Statements: None