/Yanpai Shares: Announcement on Unfreezing Part of the Funds in the Company’s Raised Capital Account
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Yanpai Shares: Announcement on Unfreezing Part of the Funds in the Company’s Raised Capital Account

Shenzhen Stock Exchange
2026/09/21

Securities code: 301081 Securities abbreviation: Yanpai shares Announcement number: 2026-072 Bond code: 123243 Bond abbreviation: Yanpai convertible bonds

Zhejiang Yanpai Filtration Technology Co., Ltd.

Announcement on the unfreezing of part of the company's raised funds account

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete, and contains no false records, misleading statements or major omissions.

On September 20, 2026, Zhejiang Yanpai Filtration Technology Co., Ltd. (hereinafter referred to as the "Company") received a notice from the People's Court of Liangyuan District, Shangqiu City, Henan Province that all frozen funds in the company's fund-raising account have been unfrozen and returned to normal use. The relevant situation is now announced as follows:

1. The situation where part of the funds raised in the fund account has been frozen

Company in 2026 On September 2, 2020, the "Announcement on the Freezing of Part of the Company's Fund-raising Account" (Announcement Number: 2026-067) was disclosed. Due to the company, the company's wholly-owned subsidiaries Shangqiu Yanpai New Materials Co., Ltd., Taizhou Yongli Construction Group Co., Ltd. and Lai Yongran Construction In a project contract dispute case, the plaintiff Lai Yongran applied to the People's Court for property preservation, which resulted in part of the funds in the company's special fund-raising account opened at Taizhou Linhai Branch of Industrial Bank Co., Ltd. being frozen, with the frozen amount being RMB 26,702,405.58. Yuan. The specific situation is as follows:

Account name Opening bank Account number Nature of account Frozen amount (yuan) Zhejiang Yanpai Filtering Technology Industrial Bank Co., Ltd. Raised funds

358520100100360377 26,702,405.58 Shu Co., Ltd. Taizhou Linhai Branch of the Company Special Account

2. Unfreeze of raised funds account

On September 20, 2026, the company received a "Civil Ruling" issued by the People's Court of Liangyuan District, Shangqiu City, Henan Province. The plaintiff Lai Yongran had submitted an application to the court to lift the property preservation, and the court ruled to lift the freezing measures on the company's funds in the above-mentioned special account for raising funds. After inquiries and confirmation by the company's financial department, as of the disclosure date of this announcement, all frozen funds in the above-mentioned special account for raised funds have been unfrozen and the account has returned to normal use.

3. Impact on the company and risk warning

During the period when some of the funds in the raised funds account were frozen, it did not affect the normal progress of the company's raised fund investment projects, nor did it have a major adverse impact on the company's raised fund investment plans and normal production and operations. As of the disclosure date of this announcement, there are no abnormalities such as usage restrictions in any of the company's special accounts for raising funds. The company will continue to pay attention to the management of the raised funds account, use the raised funds in strict accordance with the relevant regulations on raised funds management, and timely perform information disclosure obligations in accordance with relevant laws and regulations to effectively safeguard the legitimate rights and interests of the company and all shareholders.

4. Reporting documents

  1. Civil ruling from the People’s Court of Liangyuan District, Shangqiu City, Henan Province.

Announcement is hereby made.

Board of Directors of Zhejiang Yanpai Filtration Technology Co., Ltd.

September 21, 2026