Northern Dragon: The company and related personnel received the administrative supervision measures decision of Shaanxi Securities Regulatory Bureau.

Northern Flying Dragon Announcement: The company received a decision from the Shaanxi Securities Regulatory Bureau on March 20, 2026, regarding the "Decision on Ordering Northern Flying Dragon New Materials Technology Co., Ltd. to Correct and Issuing Warning Letters to Chen Yue, Xiang Hua, and Meng Haifeng." After investigation, it was found that the company had recognized income across periods, leading to inaccuracies in the 2024 annual report disclosure, which did not comply with relevant regulations. Additionally, the company's internal controls had deficiencies, as the sales management system did not properly classify product acceptance rules according to actual business practices. The procedures for installing product sales and confirmation processes had not strictly adhered to the requirements of internal control systems, with lax review of certain acceptance documents related to income recognition. There were also instances of employees improperly handling responses to inquiries from a particular customer.