Jaggor Fashion Co., Ltd. Self-inspection Report on Insider Trading of Company Shares by Persons with Access to Inside Information Regarding the 2026 Restricted Stock Incentive Plan

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Stock abbreviation: Youngor Stock code: 600177 File number: Lin2026-014

Youngor Fashion Co., Ltd.

Self-Inspection Report on Insider Trading of Company Stock by Knowledgeable Persons Regarding the 2026 Restricted Stock Incentive Plan

Our company’s board of directors and all directors guarantee that the content of this announcement contains no false records, misleading statements, or major omissions, and assume legal responsibility for its truthfulness, accuracy, and completeness.

On March 6, 2026, Youngor Fashion Co., Ltd. (hereinafter referred to as “the Company”) held the 25th meeting of the 11th Board of Directors, during which it reviewed and approved the proposals regarding the “Draft of the 2026 Restricted Stock Incentive Plan (Draft)” and its summary, as well as the “Implementation and Assessment Management Measures for the 2026 Restricted Stock Incentive Plan,” among other related proposals. The relevant announcement was disclosed on March 7, 2026, on the company’s designated media for information disclosure and the Shanghai Stock Exchange website.

According to the “Administrative Measures for Equity Incentives of Listed Companies,” “Guidelines for Self-Regulation of Listed Companies on the Shanghai Stock Exchange No. 2—Information Disclosure Affairs Management,” and other normative documents, the company has taken sufficient confidentiality measures for the 2026 restricted stock incentive plan (hereinafter referred to as “the Incentive Plan” or “this Incentive Plan”) and has registered the insiders of the insider information of the Incentive Plan as necessary.

In accordance with the “Administrative Measures for Equity Incentives of Listed Companies” and relevant regulations, the company conducted a self-inspection of the trading activities of insiders of this Incentive Plan within six months prior to the announcement of the draft (from September 6, 2025, to March 6, 2026, hereinafter referred to as “the self-inspection period”). The specific situation is as follows:

1. Scope and Procedure of Inspection

2. The inspection targets are insiders of the information of this Incentive Plan.

3. All insiders of the Incentive Plan filled out the “Insider Registration Form.”

4. The company queried the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. (hereinafter “Shanghai Clearing”) regarding the trading activities of the inspection targets during the self-inspection period, and Shanghai Clearing issued a query certificate.

5. Trading Activities of Insiders During the Self-Inspection Period

The company reviewed the trading activities of the insiders in conjunction with the progress of this Incentive Plan. Based on the “Shareholding and Share Change Inquiry Certificate” and “Shareholder Share Change Details” issued by Shanghai Clearing, all inspection targets had no trading activities involving the company’s stock during the self-inspection period.

3. Conclusion

During the planning process of this Incentive Plan, the company strictly followed the “Management System for Insiders” and internal confidentiality policies, limited the scope of personnel involved in planning discussions, and adopted corresponding confidentiality measures. The company registered the insiders of the insider information of this Incentive Plan, and the information was strictly controlled within the registered personnel on the “Insider Registration Form.” Before the company issued the relevant announcement of this Incentive Plan, no information leakage was found.

In summary, after verification, during the six months prior to the announcement of the draft of this Incentive Plan, the company did not find any behavior of insiders using insider information related to this Incentive Plan to buy or sell the company’s stock or disclose such insider information.

This announcement is hereby made.

Youngor Fashion Co., Ltd.

Board of Directors

March 24, 2026

Stock code: 600177 Stock abbreviation: Youngor Announcement No.: 2026-013

Youngor Fashion Co., Ltd.

Announcement of the Resolutions of the First Extraordinary General Meeting of 2026

Our company’s board of directors and all directors guarantee that the content of this announcement contains no false records, misleading statements, or major omissions, and assume legal responsibility for its truthfulness, accuracy, and completeness.

Key points:

● Whether there are vetoed proposals at this meeting: None

1. Meeting convening and attendance

(1) Date of the general meeting: March 23, 2026

(2) Location of the general meeting: Conference Room on the first floor, No. 2 Yin County Avenue West, Haishu District, Ningbo City, Zhejiang Province

(3) Shareholders present and their shareholdings:

■

(4) Whether the voting method complies with the “Company Law” and “Articles of Association,” and the convening process:

This general meeting adopted a combination of on-site voting and online voting. It was convened by the company’s board of directors and chaired by Chairman Li Rucheng. The procedures for convening and holding the meeting, the qualification of attendees, and the voting methods and procedures all comply with relevant laws and regulations, including the “Company Law” and the Articles of Association.

(5) Attendance of directors and the company secretary

1. There are 9 incumbent directors, all of whom attended.

2. Ms. Feng Jun, the company secretary, attended the meeting; Vice Presidents Mr. Hu Gangggao and Ms. Liu Xinyu, as well as CFO Mr. Zhu Ji, also attended.

3. Review of proposals

(1) Non-cumulative voting proposals

1. Proposal name: Proposal on the “Draft of the 2026 Restricted Stock Incentive Plan” and its summary

Result: Approved

Voting details:

■

2. Proposal name: Proposal on the “Implementation and Assessment Management Measures for the 2026 Restricted Stock Incentive Plan”

Result: Approved

Voting details:

■

3. Proposal name: Proposal to authorize the Board of Directors to handle matters related to the 2026 Restricted Stock Incentive Plan

Result: Approved

Voting details:

■

(2) Major matters involving less than 5% shareholders’ voting

■

(3) Explanation of voting on proposals

1. The above proposals 1, 2, and 3 are special resolutions, approved by more than two-thirds of the voting rights of shareholders and shareholders’ representatives present at the meeting.

2. The voting results for small and medium investors on proposals 1, 2, and 3 were separately counted.

3. The incentive targets of the 2026 Restricted Stock Incentive Plan and their related parties who attended the meeting abstained from voting on proposals 1, 2, and 3.

4. Lawyer Witness

5. Law firm witnessing this general meeting: Zhejiang Heyuan Guanda Law Firm

Lawyers: Chen Nong, Jin Yan

2. Legal opinion:

The procedures for convening and holding this general meeting, the qualification of the convener and attendees, voting procedures, and voting results comply with the “Company Law,” “Rules of Shareholders’ Meetings,” and other laws, administrative regulations, departmental rules, normative documents, and the Articles of Association. The resolutions of this general meeting are legal and valid.

This is hereby announced.

Board of Directors of Youngor Fashion Co., Ltd.

March 24, 2026

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