Yingfeng Environment Technology Group Co., Ltd. Announcement on the Progress of the Implementation of the Third Employee Shareholding Plan

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Stock Code: 000967 Announcement No.: 2026-016

Yingfeng Environmental Technology Group Co., Ltd.

Announcement on the Implementation Progress of the Third Employee Shareholding Plan

The Company and all members of the Board of Directors warrant that the information disclosed in this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Yingfeng Environmental Technology Group Co., Ltd. (hereinafter referred to as the “Company”) held the 14th extraordinary meeting of the 10th session of the Board of Directors on November 12, 2025, and the 2025 first extraordinary general meeting of shareholders on November 24, 2025, to consider and approve, among other relevant resolutions, the resolution on 《the Third Employee Shareholding Plan (Revised Draft)》 and its summary, etc. For this employee shareholding plan, it is intended to obtain and hold the Company’s shares through legally permitted methods, including but not limited to purchasing in the secondary market (including centralized bidding transactions, block trading methods, etc.) and other methods permitted by laws and regulations. For details, please refer to the relevant announcements disclosed by the Company on November 13, 2025, and November 25, 2025, in the Company’s designated information disclosure media 《Securities Times》《Securities Daily》《China Securities Journal》《Shanghai Securities News》 and on the website of Juchao Information Network (www.cninfo.com.cn).

In accordance with the relevant requirements of 《Guidance Opinions on Pilot Implementation of Employee Shareholding Plans by Listed Companies》 and 《Self-regulatory Guidance No. 1 for Listed Companies of the Shenzhen Stock Exchange—Standardized Operations of Main Board Listed Companies》, the Company hereby announces the implementation progress of its third employee shareholding plan as follows:

  1. On November 25, 2025, the Company opened a securities special account for the third employee shareholding plan with the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. (Account name: Yingfeng Environmental Technology Group Co., Ltd. – Third Employee Shareholding Plan; Securities account number: 0899510984). For details, please refer to the announcement 《Announcement on the Implementation Progress of the Third Employee Shareholding Plan》 (Announcement No.: 2025-084) disclosed by the Company on November 27, 2025, in the Company’s designated information disclosure media 《Securities Times》《Securities Daily》《China Securities Journal》《Shanghai Securities News》 and on Juchao Information Network (www.cninfo.com.cn).

  2. On December 5, 2025, the Company held the first holders’ meeting of the third employee shareholding plan. For details, please refer to the resolution announcement 《Resolution Announcement of the First Holders’ Meeting of the Third Employee Shareholding Plan》 (Announcement No.: 2025-085) disclosed by the Company on December 6, 2025, in the Company’s designated information disclosure media 《Securities Times》《Securities Daily》《China Securities Journal》《Shanghai Securities News》 and on Juchao Information Network (www.cninfo.com.cn).

  3. As of March 27, 2026, the Company’s third employee shareholding plan has cumulatively purchased 43,684,865 shares of the Company through purchases in the secondary market, accounting for 1.38% of the Company’s current total share capital; the average transaction price is approximately RMB 6.86 per share; and the total transaction amount is RMB 299,563,870.45 (excluding transaction fees).

The Company will strictly comply with market trading rules, continue to monitor the implementation progress of the Company’s third employee shareholding plan, and promptly fulfill its information disclosure obligations in accordance with relevant laws and regulations. We kindly ask the broad investing public to pay attention to the relevant announcements and to be mindful of investment risks.

Announcement is hereby given.

Yingfeng Environmental Technology Group Co., Ltd.

Board of Directors

March 28, 2026

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