South Asia New Materials: Announcement of the results of the on-site inspection in 2025.

Nan Ya New Materials announced that Everbright Securities, as the sponsor for its issuance of A-shares to specific investors in 2022 and listing on the Science and Technology Innovation Board, conducted on-site inspections of the company from December 21 to December 31, 2025, and March 26, 2026. The results showed that the company meets the relevant requirements in various aspects such as corporate governance, internal controls, and information disclosure. However, the company had violated regulations by selling back repurchased shares and engaging in short-term trading by the chairman in 2025, and the relevant personnel have been warned. The sponsor recommends that the company enhance learning, improve governance structure, and use raised funds reasonably.