Shenyang Chemical Industry Co., Ltd. Announcement on Hosting the 2025 Performance Presentation Meeting

Log in to the Sina Finance app and search for 【Information Disclosure】 to view the assessment tiers

Stock code: 000698 Stock short name: Shenyang Chemical Industry Announcement No.: 2026-023

Shenyang Chemical Industry Co., Ltd.

Announcement on Holding the 2025 Performance Briefing

The Company and all members of the Board of Directors guarantee that the information disclosure herein is true, accurate, and complete, and contains no false statements, misleading representations, or material omissions.

Shenyang Chemical Industry Co., Ltd. (hereinafter referred to as the “Company”) disclosed the full text and summary of its “2025 Annual Report” on March 28, 2026 on the Juchao Information website (http://www.cninfo.com.cn). To help the vast number of investors gain a more comprehensive understanding of the Company’s operating and development status, the Company will hold the 2025 online performance briefing from 15:00 to 17:00 on April 10, 2026 (Friday) on the PanView website. This annual performance briefing will be conducted in the form of online remote participation. Investors may log in to PanView’s “Investor Relations Interaction Platform” (http://ir.p5w.net) to take part in this annual performance briefing.

The participants in this briefing include: Mr. Zhu Bin, Chairman of the Company; Mr. Chen Liguo, Director and General Manager; Ms. Wu Li, Independent Director; Ms. Sun Hongyun, Chief Financial Officer; and Mr. Zhang Yuchao, Secretary of the Board of Directors.

To fully respect investors and enhance the pertinence of the exchanges, the Company will, in advance, publicly solicit questions from investors regarding the Company’s 2025 performance briefing, and widely collect investors’ opinions and suggestions. Investors may access https://ir.p5w.net/zj/ before 15:00 on April 10, 2026 (Friday), or scan the QR code below to enter the question solicitation special page. At the 2025 performance briefing, the Company will answer questions of general concern to investors.

We warmly welcome the vast number of investors to actively participate in this online performance briefing.

■

（QR code for the question solicitation special page）

This announcement is hereby made.

Board of Directors of Shenyang Chemical Industry Co., Ltd.

April 2, 2026

Stock code: 000698 Stock short name: ST Shenyang Chemical (Rights Protection) Announcement No.: 2026-022

Shenyang Chemical Industry Co., Ltd.

Progress Announcement on the Implementation of Other Risk Warnings for the Company’s Stock

The Company and all members of the Board of Directors guarantee that the information disclosure herein is true, accurate, and complete, and contains no false statements, misleading representations, or material omissions.

Special Statement:

1. Shenyang Chemical Industry Co., Ltd. (hereinafter referred to as the “Company”) received an “Advance Notice of Administrative Penalty” ([2025] No. 5) issued by the Liaoning Office of the China Securities Regulatory Commission on September 30, 2025 (hereinafter referred to as the “Advance Notice of Administrative Penalty”). Pursuant to the contents stated in the “Advance Notice of Administrative Penalty” and relevant provisions of Article 9.8.1 of the “Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange (2025 Revised),” the Company’s stock has been subjected to other risk warnings, but it has not been triggered into any major unlawful compulsory delisting circumstances under the fifth section of Chapter Nine of the “Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange (2025 Revised).” The Company’s stock has been subjected to other risk warnings starting from October 10, 2025.

2. The Company received an “Administrative Penalty Decision” ([2025] No. 7) issued by the Liaoning Office of the China Securities Regulatory Commission on November 28, 2025. For the specific details, please refer to the “Announcement of Shenyang Chemical Industry Co., Ltd. on Receiving the ‘Administrative Penalty Decision’ Issued by the Liaoning Office of the China Securities Regulatory Commission” disclosed on the same day on the Juchao Information website (www.cninfo.com.cn) (Announcement No.: 2025-043).

3. Pursuant to Article 9.8.6 of the “Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange (2025 Revised)”—“If a listed company’s stock trading is subject to other risk warnings during the period when the company’s stock is subject to other risk warnings due to the eighth circumstance set out in Article 9.8.1 of these Rules, the company shall, at least once every month, disclose a progress announcement for error correction until the announcement for correction of the financial and accounting reports of the matters involved in the administrative penalty decision and the special verification opinions issued by the accounting firm, etc.”—the Company hereby discloses the progress as follows:

I. Reasons for Implementing Other Risk Warnings

On September 30, 2025, the Company received an “Advance Notice of Administrative Penalty” issued by the Liaoning Office of the China Securities Regulatory Commission. For specific details, please refer to the “Announcement of Shenyang Chemical Industry Co., Ltd. on Receiving the ‘Advance Notice of Administrative Penalty’ Issued by the Liaoning Office of the China Securities Regulatory Commission” disclosed on the same day on the Juchao Information website (www.cninfo.com.cn) (Announcement No.: 2025-037). Pursuant to the contents stated in the “Advance Notice of Administrative Penalty” and Article 9.8.1 of the “Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange (2025 Revised)”—“If a listed company falls under any of the following circumstances, this Exchange shall implement other risk warnings on its stocks: (VIII) According to the facts stated in the advance notice of administrative penalty issued by the CSRC, if the annual report financial indicators disclosed by the company contain false records, but the company has not triggered the circumstances prescribed in Article 9.5.2, paragraph 1 of these Rules; the aforementioned financial indicators include, among others, operating revenue, total profit, net profit, and the asset or liability line items in the balance sheet, etc.”—the Company’s stock has been subject to other risk warnings starting from October 10, 2025, but it has not triggered major unlawful compulsory delisting circumstances as set out in the fifth section of Chapter Nine of the “Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange (2025 Revised).”

II. Measures Taken by the Company and Progress

1. The Company received an “Administrative Penalty Decision” ([2025] No. 7) issued by the Liaoning Office of the China Securities Regulatory Commission on November 28, 2025. For specific details, please refer to the “Announcement of Shenyang Chemical Industry Co., Ltd. on Receiving the ‘Administrative Penalty Decision’ Issued by the Liaoning Office of the China Securities Regulatory Commission” disclosed on the same day on the Juchao Information website (www.cninfo.com.cn) (Announcement No.: 2025-043).

2. The Company attaches great importance to this administrative penalty matter. The matters involved relate to the issue of false records in the financial indicators for the years 2018 to 2021. The Company has conducted in-depth self-examination, rectification, and correction, and has disclosed, in the “2023 Annual Report” and on June 28, 2023 on the Juchao Information website, the “Announcement of Shenyang Chemical Industry Co., Ltd. on Prior Accounting Errors Correction and Restatement” (Announcement No.: 2023-036), as well as on July 1, 2023 on the Juchao Information website, the “Supplementary Announcement of Shenyang Chemical Industry Co., Ltd. on Prior Accounting Errors Correction and Restatement” (Announcement No.: 2023-037), thereby correcting and restating the prior accounting errors.

3. KPMG Huazhen Accounting Firm (Special General Partnership) issued the “Special Report on Correction of Prior Accounting Errors by Shenyang Chemical Industry Co., Ltd.” (KPMG Huazhen Special Zi No. 2602037) regarding the matters of correction of prior accounting errors and restatement. For specific details, please refer to the “Special Report on Correction of Accounting Errors by Shenyang Chemical Industry Co., Ltd.” disclosed by the Company on March 28, 2026 on the Juchao Information website (www.cninfo.com.cn).

In summary, the matters involved in the “Administrative Penalty Decision” have been fully rectified and completed.

Pursuant to Article 9.8.8 of the “Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange,” “If a listed company’s stock trading has been subjected to other risk warnings due to the eighth circumstance set out in Article 9.8.1 of these Rules, and it simultaneously meets the following conditions, it may apply to this Exchange for the removal of the other risk warnings on its stock trading:

(1) The company has, for the financial and accounting reports of the corresponding year(s), made retrospective restatement regarding the matters involved in the administrative penalty decision;

(2) Twelve months have passed since the CSRC issued the administrative penalty decision.”

After the above conditions are met, the Company will promptly apply to the Shenzhen Stock Exchange to have the other risk warnings imposed on the Company’s stock removed.

III. Impact on the Company and Risk Warning

1. As of the date of disclosure of this announcement, all of the Company’s production and operation activities are proceeding normally. The market and customers are being expanded in an orderly manner, and financing conditions are stable. The above matters have not caused a material impact on the Company’s production and operating activities. The Company offers its sincere apology to the broad base of investors for the Company’s violations related to information disclosure. The Board of Directors and senior management of the Company will continue to improve the Company’s internal governance system, strengthen the intensity of internal auditing, ensure the effective implementation of all rules and regulations, and truly enhance the ability to perform duties and the level of standardized operation. Meanwhile, the Company will strictly fulfill its information disclosure obligations in a manner that is true, accurate, complete, timely, and fair, in accordance with laws and regulations and regulatory requirements, and safeguard the interests of the Company and all its shareholders.

2. The Company designates its information disclosure media as the “Securities Times,” the “China Securities Journal,” the “Shanghai Securities News,” and the Juchao Information website (www.cninfo.com.cn). All information of the Company shall be subject to the relevant announcements published in the above designated media. Investors are kindly requested to make rational investments and pay attention to investment risks.

This announcement is hereby made.

Board of Directors of Shenyang Chemical Industry Co., Ltd.

April 2, 2026

Huge amounts of information and precise interpretation—available on the Sina Finance app