Weihai Co., Ltd. announced that on December 15, 2025, the 32nd meeting of the 7th board of directors reviewed and passed the bill to appoint Zhang Zhijian as Deputy General Manager. Zhang Zhijian is a natural person associated with the company and is a 5.6840% shareholder of Hongliyang's holding subsidiary. This appointment passively forms a related transaction between the company and Zhang Zhijian on Hongliyang's joint investment matters, which does not constitute a major asset restructuring. Hongliyang has a registered capital of 86.48 million yuan, and the company holds 90.9050% of the shares. There is no need to submit the transaction to the shareholders' meeting for review, and the independent directors believe that the transaction did not harm the interests of the company and shareholders.

Weihai Co., Ltd. announced that on December 15, 2025, the 32nd meeting of the 7th board of directors reviewed and passed the bill to appoint Zhang Zhijian as Deputy General Manager. Zhang Zhijian is a natural person associated with the company and is a 5.6840% shareholder of Hongliyang's holding subsidiary. This appointment passively forms a related transaction between the company and Zhang Zhijian on Hongliyang's joint investment matters, which does not constitute a major asset restructuring. Hongliyang has a registered capital of 86.48 million yuan, and the company holds 90.9050% of the shares. There is no need to submit the transaction to the shareholders' meeting for review, and the independent directors believe that the transaction did not harm the interests of the company and shareholders.