Shunbo Alloy: The company and relevant responsible parties received the decision on administrative supervision measures.

Shunbo Alloy Announcement: The company and related responsible persons received the administrative supervision measures decision from the Chongqing Securities Regulatory Bureau on May 9, 2025. Due to the related transactions between the company and related individuals Du Jiahui, Yu Can, and Hu Yongsheng totaling 14.29 million yuan, the company did not timely conduct review procedures and disclosure. It was only on April 23, 2025, when the board of directors convened a supplementary review, and on April 25, a supplementary disclosure was made. This violated the relevant provisions of the "Regulations on the Disclosure of Information by Listed Companies". The Chongqing Securities Regulatory Bureau decided to issue a warning letter to the company as an administrative supervision measure, and record it in the integrity file of the securities and futures market. At the same time, administrative supervision measures of regulatory talks were taken against the company's chairman Wang Zhenjian, CEO Wang Zengchao, and board secretary Li Xiaohua, requiring them to bring valid identification documents to the Chongqing Securities Regulatory Bureau for regulatory talks at 10:00 am on May 16, 2025.