Resolution Announcement of the Twenty-Third Meeting of the Third Board of Directors of Furan De Co., Ltd.

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Securities Code: 605050 Stock Abbreviation: Furan De Announcement No.: 2026-009

Furan De Co., Ltd.

Announcement of Resolutions at the 23rd Meeting of the Third Board of Directors

The company’s Board of Directors and all directors guarantee that the content of this announcement is free from any false records, misleading statements, or major omissions, and bear legal responsibility for its authenticity, accuracy, and completeness.

1. Meeting convening details

Furan De Co., Ltd. (hereinafter referred to as “the Company”) issued the notice for the 23rd meeting of the third Board of Directors on March 17, 2026, via email and communication methods to all directors. The meeting was held on March 23, 2026, in the company’s conference room, combining on-site and remote participation. Seven directors were expected to attend, and all seven attended. All senior management personnel of the company attended the meeting. The meeting was chaired by Chairman Mr. Cui Jianhua. The meeting was convened and held in accordance with the relevant provisions of the “Company Law,” “Articles of Association,” and “Rules of Procedure for Board Meetings,” making it legal and valid.

2. Review of the Board of Directors

(1) Approval of the “Proposal on Conducting Futures Hedging Business”

To effectively control the risk of price fluctuations in hot-rolled coil futures related to the company’s production and operation, enhance the company’s risk resistance, reasonably avoid adverse impacts of raw material price volatility on operations, improve business management, and ensure healthy and sustainable operation, the company plans to utilize futures market functions to carry out futures hedging. The company intends to use self-owned funds to conduct futures hedging, with a margin and premium not exceeding RMB 30 million, and the maximum contract value held on any trading day not exceeding RMB 300 million. The guarantee amount can be used cyclically within the authorized period, which is valid for 12 months from the date of approval by the Board. The company’s chairman or authorized personnel are authorized to exercise decision-making power and handle related matters within the above limits.

Details are available in the “Furan De Co., Ltd. Announcement on Conducting Futures Hedging Business” (Announcement No.: 2026-010) published on the Shanghai Stock Exchange website (www.sse.com.cn) and the company’s official disclosure media, as well as the “Feasibility Analysis Report on Conducting Futures Hedging Business.”

Voting results: 7 votes in favor, 0 against, 0 abstain.

Result: Approved.

This proposal has been reviewed and approved by the company’s Audit Committee and is submitted for approval by the Board of Directors.

(2) Approval of the “Proposal on Formulating the ‘Management System for Futures and Derivatives Hedging Business’”

Details are available in the “Furan De Co., Ltd. Management System for Futures and Derivatives Hedging Business” published on the Shanghai Stock Exchange website and the company’s official disclosure media.

Voting results: 7 votes in favor, 0 against, 0 abstain.

Result: Approved.

This proposal has been reviewed and approved by the company’s Audit Committee and is submitted for approval by the Board of Directors.

3. Documents for record

4. Resolution of the 23rd Meeting of the Third Board of Directors

5. The Second Meeting of the Company’s Audit Committee in 2026

This announcement is hereby made.

Furan De Co., Ltd.

Board of Directors

March 23, 2026