Hongrun Construction Group Co., Ltd. Announcement of Resolutions of the Eighth Meeting of the 11th Board of Directors

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Stock Code: 002062 Stock Short Name: Hongrun Construction Announcement No.: 2026-010

Hongrun Construction Group Co., Ltd.

Resolution Announcement of the 8th Meeting of the 11th Session of the Board of Directors

The Company and all members of the Board of Directors guarantee that the contents of this announcement are true, accurate, and complete, and undertake joint liability for any false records, misleading statements, or material omissions.

Hongrun Construction Group Co., Ltd. (hereinafter referred to as the “Company”) held the 8th meeting of the 11th session of the Board of Directors on March 29, 2026. Written notice was sent to all directors via electronic mail and direct delivery, etc. The meeting was held on April 1, 2026 in the meeting room on the 17th floor of Shanghai Hongrun Mansion. The meeting was convened and presided over by Chairman Zheng Hongfang. There were 9 directors who should attend, and 9 directors actually attended. Senior management of the Company attended the meeting. The convening of the meeting complies with relevant provisions of laws, regulations, departmental rules, and the Company’s articles of association. After deliberation and voting by all attending directors, the following resolutions were adopted:

1. Approved the “Resolution on Postponing Certain Projects Using Raised Funds.”

Based on the principle of prudence, and in light of the actual progress of the projects using raised funds, while not changing the implementation entity, implementation location, intended use of raised funds, and total investment amount, the Company proposes to adjust the date when the “Research and Development Center Construction Project” is scheduled to reach the state of being ready for use, from February 2026 to September 2026.

Voting result: 9 votes in favor, 0 votes against, 0 abstentions.

The detailed information of the above resolution is disclosed in the China Securities Journal, Shanghai Securities News, Securities Times, and the website of Juchao Information (

Hereby announce.

Board of Directors of Hongrun Construction Group Co., Ltd.

April 3, 2026

Stock Code: 002062 Stock Short Name: Hongrun Construction Announcement No.: 2026-011

Hongrun Construction Group Co., Ltd.

Announcement on Postponing Certain Projects Raised Funds

The Company and all members of the Board of Directors guarantee that the information disclosure contents are true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Hongrun Construction Group Co., Ltd. (hereinafter referred to as the “Company”) held the 8th meeting of the 11th session of the Board of Directors on April 1, 2026 and deliberated and approved the “Resolution on Postponing Certain Projects Using Raised Funds,” agreeing to adjust the date when the “Research and Development Center Construction Project” of the raised funds investment project (hereinafter referred to as the “RAI project”) is scheduled to reach the state of being ready for use. This postponement of the RAI project does not involve changes to the implementation entity, intended use of raised funds, or the investment scale. Within the approval authority of the Board of Directors, it is not necessary to submit to the general meeting for deliberation. The relevant information is hereby announced as follows:

I. Basic Information on Raised Funds

With approval from the China Securities Regulatory Commission’s “Reply on Approving the Registration of Hongrun Construction Group Co., Ltd.’s Stock Issuance to Specific Investors” (CSRC License [2023] No. 2854), the Company was registered to issue shares to specific investors. The number of shares issued is 134,770,889 shares of RMB ordinary shares at an issue price of RMB 3.71 per share. The total amount of raised funds is RMB 499,999,998.19. After deducting issuance expenses of RMB 9,032,933.67 (excluding VAT), the actual net amount of raised funds is RMB 490,967,064.52 (excluding VAT).

The above-raised funds were verified by Xinghua Certified Public Accountants (Special General Partnership), and an “Verification Report” numbered Xinghua Yan Zi (2024) No. 590004 was issued. The Company adopts a system of special account storage for raised funds and has signed a tripartite regulatory agreement for special account storage of raised funds with the sponsor and the commercial bank(s) where the raised funds are deposited.

II. Basic Information on the RAI Projects

As of December 31, 2025, the utilization of raised funds for the RAI projects for the issuance to specific investors is as follows: Unit: RMB ten-thousand yuan

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III. Specific Circumstances and Reasons for Postponing the RAI Projects

(I) Basic information on the postponement of certain RAI projects this time

Based on the principle of prudence, and considering the actual progress of the RAI projects, while keeping unchanged the implementation entity, implementation location, intended use of raised funds, and total investment amount of the RAI projects, the Company proposes to adjust the date when certain RAI projects are scheduled to reach the state of being ready for use, as follows:

Unit: RMB ten-thousand yuan

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(II) Reasons for postponing the RAI projects

Since the raised funds were received, the Company has been actively advancing the implementation of the RAI projects. The main works of the research and development center construction project have been completed. At present, in accordance with the actual space and functional layout needs for R&D, adjustments are being made; the progress of internal decoration, equipment procurement and installation, and related steps has accordingly slowed down to some extent. In order to strictly control the overall quality of the RAI projects and the efficiency of raised funds utilization, and to safeguard the interests of all shareholders and the Company, based on the current actual construction conditions of the RAI projects, after prudent assessment and comprehensive consideration, and without changing the investment content and total investment amount and the implementation entity of the RAI projects, the Company proposes to postpone the date when the research and development center construction project is scheduled to reach the state of being ready for use.

IV. Impact of Postponing the RAI Projects on the Company

The postponement of certain RAI projects this time is a prudent decision made by the Company based on objective project reasons and actual implementation circumstances. It only involves changes in the date when certain RAI projects are scheduled to reach the state of being ready for use. It does not change the intended use of the raised funds, the total investment amount, the implementation entity, or the implementation location, and there is no circumstance of indirectly changing the direction of the raised funds. It will not have a significant adverse impact on the Company’s normal operations. There is no circumstance that would harm the interests of the Company and its shareholders. This is consistent with the Company’s strategic plans and long-term development needs.

V. Relevant Deliberation Procedures

On April 1, 2026, the Company held the 8th meeting of the 11th session of the Board of Directors and deliberated and approved the “Resolution on Postponing Certain Projects Using Raised Funds.” This matter falls within the approval authority of the Board of Directors and does not require submission to the general meeting for deliberation.

VI. Sponsor’s Verification Opinion

The Company’s sponsor, Yongxing Securities Co., Ltd., conducted verification on the matter of postponing certain RAI projects this time and believes that: the matter of postponing certain RAI projects has already been deliberated and approved by the Company’s Board of Directors, and the necessary deliberation procedures have been fulfilled. The Company’s postponement of certain RAI projects this time is only an adjustment to the time when the projects are scheduled to reach the state of being ready for use; it does not involve changing the intended use of raised funds, the investment scale, or the implementation entity. There is no circumstance that would affect the Company’s normal operations or damage shareholders’ interests, and it complies with relevant regulatory requirements. The sponsor has no objection to the Company’s postponement of certain RAI projects this time.

VII. Documents for Reference

1. The resolution of the 8th meeting of the 11th session of the Board of Directors;

2. The “Verification Opinion on the Postponement of Certain Projects Using Raised Funds of Hongrun Construction Group Co., Ltd.” issued by Yongxing Securities Co., Ltd.

Hereby announce.

Board of Directors of Hongrun Construction Group Co., Ltd.

April 3, 2026

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