Xiangyi Rongtong Holding Group Co., Ltd. Announces Resolutions of the First Meeting of the 12th Board of Directors

Securities Code: 600830 Securities Abbreviation: Xiangyi Rongtong Announcement No.: Temporary 2026-026

Xiangyi Rongtong Holding Group Co., Ltd.

Announcement of Resolutions from the First Meeting of the Twelfth Board of Directors

The Board of Directors of this company and all directors guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and bear legal responsibility for the authenticity, accuracy, and completeness of its content.

I. Situation of the Board Meeting

On March 17, 2026, Xiangyi Rongtong Holding Group Co., Ltd. (hereinafter referred to as: the company) sent a written notice to all directors regarding the convening of the first meeting of the twelfth board of directors, which was held on March 27, 2026, in Ningbo in a combination of on-site and communication meeting formats. This meeting had 9 directors present, with 9 directors actually attending, among which Director Wu Xiang attended via Tencent online meeting, and Independent Director Hu Renyu attended via remote voting. Director Fang Guofu was elected to preside over the meeting, and the convening of the meeting complied with the requirements of the Company Law, the Articles of Association, and other relevant laws, regulations, and normative documents.

II. Review of the Board Meeting

The attending directors reviewed and voted on the following proposals:

(1) Proposal on the election of the company’s chairman

Mr. Fang Guofu was elected as the chairman of the twelfth board of directors.

Agree: 9 votes, Disagree: 0 votes, Abstain: 0 votes.

(2) Proposal on the selection of members of the special committees of the twelfth board of directors

Members of the Board Strategy and Investment Committee: Mr. Fang Guofu, Mr. Hu Qiuhua, Mr. Wei Bin, Mr. Zhou Shijie, Mr. Xu Lin, with Mr. Fang Guofu as the convener;

Members of the Board Compensation and Assessment Committee: Mr. Xu Lin, Mr. Yu Xinfeng, Mr. Hu Renyu, with Mr. Xu Lin as the convener;

Members of the Board Budget and Audit Committee: Mr. Wang Zhenzhou, Mr. Wu Xiang, Mr. Hu Renyu, with Mr. Wang Zhenzhou as the convener.

Agree: 9 votes, Disagree: 0 votes, Abstain: 0 votes.

(3) Proposal on the appointment of the company’s general manager (resume of the appointee attached)

Before submitting the appointment matter to the board for review, the independent director’s special meeting fully reviewed the relevant materials of the proposed appointee’s basic information, educational background, work experience, qualifications, etc., and agreed to the appointment.

Mr. Hu Qiuhua was appointed as the executive vice president of the company (in charge of work), authorized to exercise the relevant powers of the general manager as stipulated in the Articles of Association during the term of office, as well as other powers authorized by the board of directors to the general manager. The term of office is from the date of approval of this meeting until the expiration of the twelfth board of directors.

Agree: 9 votes, Disagree: 0 votes, Abstain: 0 votes.

(4) Proposal on the appointment of the company’s vice general manager and financial director (resume of the appointees attached)

Before submitting the appointment matter to the board for review, the independent director’s special meeting fully reviewed the relevant materials of the proposed appointees’ basic information, educational background, work experience, qualifications, etc., and agreed to the appointment.

1. Mr. Sun Shuguang was appointed as the vice general manager of the company, with a term from the date of approval of this meeting until the expiration of the twelfth board of directors.

Agree: 9 votes, Disagree: 0 votes, Abstain: 0 votes.

2. Mr. Sheng Xianzhi was appointed as the financial director of the company, with a term from the date of approval of this meeting until the expiration of the twelfth board of directors.

Agree: 9 votes, Disagree: 0 votes, Abstain: 0 votes.

(5) Proposal on the appointment of the company’s board secretary and securities affairs representative (resume of the appointees attached)

Before submitting the appointment matter to the board for review, the independent director’s special meeting fully reviewed the relevant materials of the proposed board secretary’s basic information, educational background, work experience, qualifications, etc., and agreed to the appointment.

1. Ms. Qian Jing was appointed as the board secretary of the company, with a term from the date of approval of this meeting until the expiration of the twelfth board of directors.

Agree: 9 votes, Disagree: 0 votes, Abstain: 0 votes.

2. Ms. Liu Qian was appointed as the securities affairs representative of the company, with a term from the date of approval of this meeting until the expiration of the twelfth board of directors.

Agree: 9 votes, Disagree: 0 votes, Abstain: 0 votes.

(6) Proposal on authorizing the company’s general manager to exercise powers within a certain scope

According to the needs of the company’s business management, the twelfth board of directors researched and specially authorized the company’s general manager to exercise powers within the following scope:

1. Routine authorization

(1) The powers exercised by the general manager as stipulated by relevant national laws and regulations and the Articles of Association.

(2) As needed, represent the company in signing various operating and management contracts, agreements, and relevant documents.

(3) As needed, within a single amount of 100 million yuan (including 100 million yuan), decide on the company’s financing matters, with the financing balance not exceeding 60% of the company’s total assets (including pledged financing), and the company’s debt-to-asset ratio not exceeding 70%, of which the pledged financing to relevant financial institutions shall not exceed 45% of the company’s total assets.

(4) As needed, decide on the financial transactions between the company and its controlling subsidiaries (including subsidiaries) within a single amount not exceeding 10% of the company’s net assets, with the balance of transactions (calculated by investment ratio) not exceeding 40% of the company’s net assets, and not exceeding 25% of total assets; for a single controlling subsidiary (including subsidiaries), the balance of transactions (calculated by investment ratio) shall not exceed 25% of the company’s net assets. (This authorization does not include scenarios that meet the “provision of financial assistance” conditions as stipulated by the Shanghai Stock Exchange.)

(5) Within a single amount of 60 million yuan (including 60 million yuan), decide on the company’s entrusted loans, with the balance not exceeding 50% of the company’s total assets and not exceeding 70% of the company’s net assets, with a cumulative balance for the same client (including related parties) not exceeding 120 million yuan.

(6) As needed, decide on the purchase of bank wealth management products and other short-term investments, with the balance not exceeding 25% of the company’s net assets.

(7) Within a single amount of 60 million yuan (including 60 million yuan), conduct business disposal and asset disposal for quasi-financial activities (including but not limited to pawning, entrusted loans, leasing business, guarantee business, quasi-financial investment business). The balance shall not exceed 40% of the company’s total assets and not exceed 60% of the company’s net assets, with a cumulative balance for the same client (including related parties) not exceeding 120 million yuan.

(8) As needed, decide on the company’s long-term investments externally within a single amount of 15 million yuan (including 15 million yuan), with a cumulative total not exceeding 30 million yuan for the year. (This authorization does not include the annual shareholder meeting’s approved limit for quasi-financial investment business plans.)

(9) As needed, decide on the disposal of company assets within a single asset net value of 10 million yuan (including 10 million yuan), with a cumulative total not exceeding 30 million yuan for the year.

The above authorizations are valid until the expiration of the twelfth board of directors.

2. Matters approved by the 2025 Annual General Meeting

The 2025 Annual General Meeting reviewed and approved the proposal on “Providing Financial Assistance to Controlling Subsidiaries,” which falls within the authority of the board of directors and the general meeting of shareholders and exceeds the board’s authority. After the approval of the shareholders’ meeting, the company authorizes the general manager to exercise powers within the authorized limit: the company and its controlling subsidiaries will provide financial assistance of 300 million yuan to the controlling subsidiary Xiangyi Leasing (other shareholders including the controlling shareholder and its related parties) whose debt-to-asset ratio exceeds 70% (as of December 31, 2025), with a funding period not exceeding 2 years, and the usage fee for funds shall be based on not lower than the bank’s benchmark interest rate for the same period; provide financial assistance of 50 million yuan to the controlling subsidiary Xiangyi Jinlian (other shareholders including the controlling shareholder and its related parties), with a funding period not exceeding 2 years, and the usage fee for funds shall be based on not lower than the bank’s benchmark interest rate for the same period.

Agree: 9 votes, Disagree: 0 votes, Abstain: 0 votes.

This announcement is hereby made.

Board of Directors of Xiangyi Rongtong Holding Group Co., Ltd.

March 27, 2026

Xiangyi Rongtong Holding Group Co., Ltd.

Senior Management Resumes

Mr. Hu Qiuhua: Born in November 1972, Han nationality, member of the Communist Party, bachelor’s degree, Bachelor of Management, accountant. He has served as the party secretary, director, and manager of the Pan’an County Tobacco Monopoly Bureau (branch), deputy director of the Financial Management Department of the Zhejiang Provincial Tobacco Monopoly Bureau (company). He currently serves as deputy secretary of the party committee, director, and executive vice president (in charge of work) of the company.

Mr. Hu Qiuhua does not hold any shares of the company and has not been found to have any disqualifying conditions for being nominated as a senior management personnel of listed companies as stipulated by the Company Law and other laws and regulations, nor has he been subject to penalties by the China Securities Regulatory Commission or the stock exchange, and no major record of breach of trust (including no anomalies found in the integrity information of the capital market queried through local regulatory bureaus) that could affect the company’s standardized operation.

Mr. Sun Shuguang: Born in April 1970, Han nationality, member of the Communist Party, master’s degree, Master of Business Administration, economist, serving as an external part-time tutor for MBA at Ningbo University, an industry tutor for accounting master’s students at Tongji University, and vice president of the alumni association of the Business School of Ningbo University. He has served as the general manager and party branch secretary of the Corporate Finance Department of the Bank of China Ningbo Branch, as well as the party secretary and president of the Bank of China Ningbo Jiangbei Branch; currently serves as the vice general manager of the company.

Mr. Sun Shuguang does not hold any shares of the company and has not been found to have any disqualifying conditions for being nominated as a senior management personnel of listed companies as stipulated by the Company Law and other laws and regulations, nor has he been subject to penalties by the China Securities Regulatory Commission or the stock exchange, and no major record of breach of trust (including no anomalies found in the integrity information of the capital market queried through local regulatory bureaus) that could affect the company’s standardized operation.

Mr. Sheng Xianzhi: Born in July 1986, Han nationality, member of the Communist Party, master’s degree, Master of Business Administration, senior accountant, holding qualifications as a certified public accountant and tax accountant. He was responsible for financial management work at the Zhejiang Provincial Tobacco Monopoly Bureau (company) and currently serves as the financial director of the company.

Mr. Sheng Xianzhi does not hold any shares of the company and has not been found to have any disqualifying conditions for being nominated as a senior management personnel of listed companies as stipulated by the Company Law and other laws and regulations, nor has he been subject to penalties by the China Securities Regulatory Commission or the stock exchange, and no major record of breach of trust (including no anomalies found in the integrity information of the capital market queried through local regulatory bureaus) that could affect the company’s standardized operation.

Ms. Qian Jing: Born in December 1975, Han nationality, member of the Communist Party, bachelor’s degree, Bachelor of Management. She has served as the deputy director and director of the General Manager’s Office of the company, and currently serves as the board secretary of the company.

Ms. Qian Jing directly or indirectly holds 10,000 shares of the company, and has not been found to have any disqualifying conditions for being nominated as a senior management personnel of listed companies as stipulated by the Company Law and other laws and regulations, nor has she been subject to penalties by the China Securities Regulatory Commission or the stock exchange, and no major record of breach of trust (including no anomalies found in the integrity information of the capital market queried through local regulatory bureaus) that could affect the company’s standardized operation.

Resume of Securities Affairs Representative

Ms. Liu Qian: Born in February 1992, Han nationality, bachelor’s degree, Bachelor of Management, assistant accountant. She has worked in the financial management department and the board secretary’s office of the company; currently serves as the securities affairs representative of the company.

Ms. Liu Qian does not hold any shares of the company and has not been found to have any disqualifying conditions for serving as a securities affairs representative as stipulated by the Shanghai Stock Exchange, nor has she been subject to penalties by the China Securities Regulatory Commission or the stock exchange, and no major record of breach of trust that could affect the company’s standardized operation.

Securities Code: 600830 Securities Abbreviation: Xiangyi Rongtong Announcement No.: Temporary 2026-025

Xiangyi Rongtong Holding Group Co., Ltd.

Announcement of Resolutions from the 2025 Annual General Meeting

The Board of Directors of this company and all directors guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and bear legal responsibility for the authenticity, accuracy, and completeness of its content.

Important Content Reminder:

● Were there any rejected proposals at this meeting: No

I. Meeting Convening and Attendance

(1) Time of the shareholders’ meeting: March 27, 2026

(2) Location of the shareholders’ meeting: Conference Room on the Second Floor of the Company (No. 109, Heyi Road, Haishu District, Ningbo)

(3) Ordinary shareholders and preferred shareholders with restored voting rights attending the meeting and their shareholding situation:

■

(4) Whether the voting methods comply with the provisions of the Company Law and the Articles of Association, and the situation of meeting hosts, etc.

1. This meeting was convened and voted using a combination of on-site voting and online voting, and the voting methods comply with the relevant provisions of the Company Law and the Articles of Association.

2. The convener of this meeting: the Board of Directors.

3. The on-site meeting host: Chairman Fang Guofu.

(5) Attendance of the company’s directors and board secretary

1. There are 9 directors currently serving in the company, with 8 attending the meeting, including Chairman Fang Guofu, Director Hu Qiuhua (also Executive Vice President in charge of work), Directors Yu Xinfeng, Wei Bin, Zhou Shijie, Independent Director He Bin, Independent Director Wang Zhenzhou attending in person, Director Wu Xiang attending via Tencent online meeting, and Independent Director Hu Renyu unable to attend this shareholders’ meeting due to work reasons;

2. Company board secretary Qian Jing attended in person, along with Vice General Manager Sun Shuguang and Financial Director Sheng Xianzhi.

II. Proposal Review Situation

(1) Non-cumulative voting proposals

1. Proposal Name: Company’s 2025 Annual Board Work Report

Review Result: Approved

Voting Situation:

■

2. Proposal Name: Company’s 2025 Annual Profit Distribution Plan

Review Result: Approved

Voting Situation:

■

3. Proposal Name: Proposal on Providing Special Guarantees for the Conduct of Guarantee Business for Controlling Subsidiary Xiangyi in 2026

Review Result: Approved

Voting Situation:

■

4. Proposal Name: Proposal on Providing Special Guarantees for the Factoring Financing and Commercial Loans of Controlling Subsidiary Xiangyi Leasing in 2026

Review Result: Approved

Voting Situation:

■

5. Proposal Name: Proposal on Providing Guarantees for the External Financing of Wholly-Owned Subsidiary Xiangyi Jinfeng in 2026

Review Result: Approved

Voting Situation:

■

6. Proposal Name: Proposal on the Company’s 2026 Guarantee Business Plan

Review Result: Approved

Voting Situation:

■

7. Proposal Name: Proposal on the Company’s 2026 Special Asset Business Plan

Review Result: Approved

Voting Situation:

■

8. Proposal Name: Proposal on the Company’s 2026 Quasi-Financial Investment Business Plan

Review Result: Approved

Voting Situation:

■

9. Proposal Name: Proposal on Providing Financial Assistance to Controlling Subsidiaries

Review Result: Approved

Voting Situation:

■

(2) Cumulative voting proposal voting situation

10. Proposal on the Election of Non-Independent Directors of the Company’s Twelfth Board

■

11. Proposal on the Election of Independent Directors of the Company’s Twelfth Board

■

(3) Cash dividend segmented voting situation

■

(4) Voting situation of shareholders holding less than 5% involved in major matters

■

(5) Explanation of Relevant Situations Regarding Proposal Voting

1. The above item 2 proposal “Company’s 2025 Annual Profit Distribution Plan”: The company agrees to distribute a cash dividend of 0.18 yuan (including tax) for every 10 shares to all shareholders, based on a total share capital of 454,322,747 shares at the end of 2025, totaling a cash dividend distribution of 8,177,809.45 yuan (including tax). As of December 31, 2025, the company’s capital reserve is 481,792,438.44 yuan, and no capital reserve will be converted into share capital or bonus shares for the year 2025.

This proposal is a special resolution proposal and has been approved by more than two-thirds of the voting shares held by shareholders and their agents present at the meeting.

2. The above item 3 proposal “Proposal on Providing Special Guarantees for the Conduct of Guarantee Business for Controlling Subsidiary Xiangyi in 2026”: The company and its controlling subsidiaries agree to provide joint liability guarantees of 4.5 billion yuan for Xiangyi to conduct guarantee business in 2026, allowing a single guarantee amount to exceed 10% of the most recent audited net assets reported on the consolidated balance sheet within the above planning limit.

This proposal is a special resolution proposal and has been approved by more than two-thirds of the voting shares held by shareholders and their agents present at the meeting.

3. The above item 4 proposal “Proposal on Providing Special Guarantees for the Factoring Financing and Commercial Loans of Controlling Subsidiary Xiangyi Leasing in 2026”: The company and its controlling subsidiaries agree to provide joint liability guarantees of 6 billion yuan for Xiangyi Leasing, which has a debt-to-asset ratio exceeding 70% (as of December 31, 2025) for factoring financing and commercial loans in 2026, allowing the single financing amount and corresponding guarantee amount to exceed 10% of the most recent audited net assets reported on the consolidated balance sheet within the above planning limit.

This proposal is a special resolution proposal and has been approved by more than two-thirds of the voting shares held by shareholders and their agents present at the meeting.

4. The above item 5 proposal “Proposal on Providing Guarantees for the External Financing of Wholly-Owned Subsidiary Xiangyi Jinfeng in 2026”: The company and its controlling subsidiaries agree to provide joint liability guarantees of 200 million yuan for Xiangyi Jinfeng’s external financing, whose debt-to-asset ratio exceeds 70% (as of December 31, 2025), in 2026.

This proposal is a special resolution proposal and has been approved by more than two-thirds of the voting shares held by shareholders and their agents present at the meeting.

5. The above item 6 proposal “Proposal on the Company’s 2026 Guarantee Business Plan”: The total amount of guarantee business planned by the company for 2026 shall not exceed 2.5 billion yuan. This proposal has been approved by more than half of the voting shares held by shareholders and their agents present at the meeting.

6. The above item 7 proposal “Proposal on the Company’s 2026 Special Asset Business Plan”: The planned occurrence of special asset business (company’s investment) for 2026 shall not exceed 800 million yuan. This proposal has been approved by more than half of the voting shares held by shareholders and their agents present at the meeting.

7. The above item 8 proposal “Proposal on the Company’s 2026 Quasi-Financial Investment Business Plan”: The planned occurrence of quasi-financial investment business (company’s investment) for 2026 shall not exceed 200 million yuan. This proposal has been approved by more than half of the voting shares held by shareholders and their agents present at the meeting.

8. The above item 9 proposal “Proposal on Providing Financial Assistance to Controlling Subsidiaries”: The company and its controlling subsidiaries agree to provide financial assistance of 300 million yuan to Xiangyi Leasing (other shareholders including the controlling shareholder and its related parties) whose debt-to-asset ratio exceeds 70% (as of December 31, 2025), with a funding period not exceeding 2 years, and the usage fee for funds shall be based on not lower than the bank’s benchmark interest rate for the same period; provide financial assistance of 50 million yuan to Xiangyi Jinlian (other shareholders including the controlling shareholder and its related parties), with a funding period not exceeding 2 years, and the usage fee for funds shall be based on not lower than the bank’s benchmark interest rate for the same period. This proposal has been approved by more than half of the voting shares held by shareholders and their agents present at the meeting.

9. The above item 10 proposal “Proposal on Nominating Candidates for Non-Independent Directors of the Company’s Twelfth Board”: Mr. Fang Guofu, Mr. Hu Qiuhua, Mr. Wu Xiang, Mr. Yu Xinfeng, Mr. Wei Bin, and Mr. Zhou Shijie were elected as non-independent directors of the company’s twelfth board.

10. The above item 11 proposal “Proposal on Electing Independent Directors of the Company’s Twelfth Board”: Mr. Wang Zhenzhou, Mr. Hu Renyu, and Mr. Xu Lin were elected as independent directors of the company’s twelfth board.

III. Legal Witness Situation

1. The law firm witnessing this shareholders’ meeting: Zhejiang Heyi Guanda Law Firm

Lawyers: Chen Nong, Jin Yan

2. Lawyer’s Witness Conclusion:

The convening and holding procedures of this shareholders’ meeting, the qualifications of the convener and attendees, voting procedures, and voting results comply with the provisions of the Company Law, the Rules of Shareholders’ Meetings, and other laws, administrative regulations, departmental rules, normative documents, and the Articles of Association, and the resolutions passed at this shareholders’ meeting are legal and valid.

This announcement is hereby made.

Board of Directors of Xiangyi Rongtong Holding Group Co., Ltd.

March 27, 2026