Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Opening

About this Report

This report is the second annual Environmental Social and Governance (ESG) report released by Jiangsu Boqian New

Materials Stock Co. Ltd. for stakeholders. The report details the Company's practices and performance in the fields of Addressing and Representation

environment society and governance in 2025 aiming to effectively communicate with stakeholders and systematically

address their expectations and demands.Boqian New Materials the

Jiangsu Boqian New Materials Stock Co. Ltd.Company

Guangxin Nano (Subsidiary

Ningbo Guangxin Nano Materials Co. Ltd.Reporting Period of the Company)

Guidelines No. 14 of Shanghai Stock Exchange for Self-regulation of Listed

Guidelines No. 14 of SSE

The report covers the period from January 1 to December 31 2025. To enhance the comparability and forward-looking Companies—Sustainability Report (Trial) by Shanghai Stock Exchange (SSE)

nature of the report certain contents are appropriately extended to the preceding and subsequent fiscal years. RMB RMB 10000 RMB 100 Renminbi 1 Yuan Renminbi 10000 Yuan and Renminbi 100 million Yuan

million respectively

Reporting Period 2025

Compilation Basis

Guidelines No. 14 of Shanghai Stock Exchange for Self-regulation of Listed Companies—Sustainability Report (Trial) by Information Source

Shanghai Stock Exchange (SSE)

Guide No. 4 for Self-regulatory Supervision on Listed Companies of the SSE—Compilation of Sustainable Development The data used in this report is sourced from the Company's actual operational data publicly available government data

Reports by Shanghai Stock Exchange (SSE) annual financial data internal relevant statistical reports third-party survey questionnaires and third-party evaluation

interviews. Financial data in this report is denominated in RMB. In case of any inconsistency with the financial reports the

Sustainable Development Goals (SDGs): A Corporate Action Guide

financial reports shall prevail.Sustainability Reporting Standards by Global Reporting Initiative (GRI) (GRI Standards)

Practical Guide to Sustainability Reporting of Listed Companies by China Association for Public Companies Report Access

The electronic version of this Report can be accessed on the Shanghai Stock Exchange website (http://www.sse.com.cn).

01 02Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Message from the Company

Respected shareholders partners all employees and friends from all walks of life: the deep integration of product R&D innovation and talent development. On the R&D front guided by market demand we focused

on the core technology track and achieved dual breakthroughs in new product R&D and process optimization: substantial progress

As the tide of the times surges industries rise with innovation. 2025 marked a critical period for the global new materials industry was made in the optimization of process parameters for alloy powders; high-potential new products such as photovoltaic copper

embracing technological iteration and structural restructuring with high-endization green development and intelligentization powders passed sample verification by the customer providing core material support for cost reduction through the "copper-for-

emerging as the core directions of industrial progress. Aligning with the national industrial development strategy Boqian New silver" substitution in the photovoltaic industry. On the talent front we continued to increase efforts in the recruitment and cultivation

Materials has deeply integrated the ESG philosophy into the entire process of its operation and development. With innovation as its of high-end talents deepened the layout of campus talent recruitment accurately introduced young professionals in key fields such

core green as its foundation talent as its pillar and governance as its outline the Company has forged ahead steadily in technological as R&D and sales and further optimized the talent pipeline featuring "doctoral leadership master's support and undergraduate

breakthroughs energy efficiency improvement talent cultivation and governance optimization achieving the synchronous foundation". We have built a development platform for talents and improved the R&D incentive mechanism realizing a virtuous circle

development of enterprise growth and social value creation. On the occasion of the release of the Company's 2025 Social of stimulating innovation through talents driving development through innovation and gathering talents through development.Responsibility Report on behalf of the Board of Directors and the management I would like to extend our sincere gratitude and high

respect to all partners who have long cared for and supported the Company's development! Standardized governance is the guarantee for the steady development of an enterprise and also the core cornerstone of ESG

practices. In 2025 we continued to improve the corporate governance system and safeguarded the legitimate rights and interests of

As a leading enterprise in China's high-end metal powder materials sector Boqian New Materials has always upheld the mission of all stakeholders through a transparent standardized and efficient mechanism. In internal management we improved the institutional

"breaking technological barriers facilitating domestic substitution and empowering the global industry". The Company has deeply system optimized management processes and enhanced the team operational efficiency and cross-departmental collaboration

cultivated the high-value product fields such as nickel-based copper-based and iron-based powders and filled the domestic gap in capabilities providing a solid guarantee for the orderly progress of all work. In investor relations management we truthfully

the production technology of high-end ultrafine metal powders by virtue of the industrialization breakthrough of the atmospheric- accurately and completely conveyed the Company's strategy and development value to the capital market through various channels

pressure plasma evaporation-condensation process. In 2025 facing the challenges of fluctuating raw material prices and intensified such as performance briefings research forums and interactive platforms. Meanwhile we actively aligned with national industrial

industrial competition we remained committed to taking technological innovation as the guide and market development as the policies and successfully won honorary titles including "Advanced Intelligent Factory in Jiangsu Province" and "Zhejiang Provincial

starting point and deeply integrated ESG practices into the entire industrial chain of R&D production management and marketing. Enterprise Research Institute" driving the sustainable development of the enterprise with policy empowerment.As a result we successfully achieved our annual business targets with our Wind ESG rating jumping to Grade A and the market

capitalization registering a significant growth. This achievement is a recognition of our ESG practices and development potential Looking back on 2025 we have taken solid steps and reaped fruitful results. Looking ahead competition in the new materials

by the capital market a testament to the concerted efforts and persistent drive of all Boqian staff and further strengthens our industry is becoming increasingly fierce with green low-carbon development and high-end innovation as the main themes.determination to empower high-quality development through ESG initiatives. Notably ESG has become a vital component of enterprises' core competitiveness. Guided by ESG principles Boqian New Materials

will further ramp up R&D investment strengthen its talent pipeline upgrade production capacity promote green production and

Green development is the fundamental underpinning for the long-term and steady growth of an enterprise and also the core enhance corporate governance systems. We will continue to deepen our expertise in the high-end metal powder materials sector

principle guiding our fulfillment of environmental responsibilities. 2025 closely following the "Dual Carbon (carbon peaking seize opportunities in high-growth tracks such as the upgrade of AI computing power and the accelerated iteration and advancement

and carbon neutrality)" strategy we took capacity expansion and quality improvement as the key measure realizing the coordinated of automotive electronics and align with the base metal substitution trend in the photovoltaic industry to expand our global

advancement of scale growth and green low-carbon development. To meet the market demand from downstream fields such as market footprint. Meanwhile we will further advance our ESG practices raise the quality of information disclosure and strengthen

MLCC and photovoltaic the Company added multiple sets of high-end production and testing equipment systematically expanded collaboration with stakeholders so as to reward our shareholders repay our employees and give back to society with superior

the production capacity of ultrafine metal powders and steadily implemented the capacity expansion projects of key products business performance and more concrete responsible practices.laying a solid capacity foundation for domestic substitution and global market layout. While expanding capacity we adhered to

the principle of "increasing production without raising consumption improving quality while enhancing efficiency". We completed The path ahead is long and arduous but perseverance leads to success; consistent efforts make the future promising. Every

the green upgrading and transformation of multiple production systems and promoted the flexible production mode. Through step of Boqian New Materials' development cannot be achieved without the joint efforts of partners the hard work of all employees

scientific production scheduling and precise allocation we achieved lean management of the production process. Underpinning and the care and support from all sectors of society. In this new development stage guided by the principles of "Innovation Green

these achievements is the core technological support provided by our independently developed atmospheric-pressure plasma Responsibility and Win-Win Cooperation" we will unite with determination to achieve innovative breakthroughs. With steadfast

evaporation-condensation process which not only ensures high product performance but also features low pollution. This technology resolve and concrete actions we will advance steadily on the path of high-quality development strive to become the ESG practice

has strengthened the Company's core competitiveness in green manufacturing. benchmark in the new materials industry and contribute Boqian's strength to upgrading China's new materials industry and realizing

green low-carbon development!

Innovation is the core vitality of an enterprise and talent is the primary resource for innovative development. This is the key

to our fulfillment of development responsibilities and also an important embodiment of the social value of ESG. In 2025 we Finally we would like to express our sincere gratitude again for your trust and support! We wish you good health smooth work and all

adhered to the strategy of "empowering development through innovation and laying a solid foundation with talent" promoting the best!

03 04Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Introduction to Boqian New Materials

Corporate Culture

Company Profile

The Company is a globally prominent provider of electronic metal powder materials specializing in the research and Vision

development (R&D) production and sales of high-end metal powder materials. Leveraging our self-developed technology

platform with atmospheric-pressure plasma evaporation-condensation process as the core we provide core ultra-fine To become a respected centennial

powder materials for manufacturers of multilayer ceramic capacitors (MLCCs) low-silver and silver-free photovoltaic (PV) enterprise leading in innovation

electrode materials solid-state battery anode materials and other electronic components. and driven by technology

Core Values

The Company's main products include nickel-based prod-

ucts copper-based products silver powders and alloy

powders which are widely used in consumer electronics Persistence Integrity Pragmatism

automotive electronics industrial automation artificial Responsibility InnovationMission

intelligence (AI) PV new energy semiconductor packag- and Sharing

ing and other fields. Nickel powder is primarily used as To make the world more low-carbon

electrode material for MLCCs serving as a key raw material and life more beautiful

in electronic component manufacturing. Copper powder

and silver-coated copper powder can be widely applied in

low-silver/silver-free photovoltaic applications significant-

ly reducing the production cost of PV cells.Product SEM Photographs

05 06Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Development History 20182014 2016 The Group Chairman Wang Liping was elected as an NPC

The construction of the New Material Industrial Park (Phase II) representative for the 13th National People's Congress

2010 2012 commenced; The Company's R&D Center was recognized as Provincial The Company was rated as a Gazelle Enterprise in Jiangsu Province.

The Group Chairman Wang Liping Technical Center and Jiangsu Provincial Nano Metal Powder The New Material Industrial Ningbo Guangxin Nano Materials Co. Ltd. a wholly-owned

was elected as an NPC representative R&D Engineering Center.Park was established in Suyu subsidiary of the Company was established formally.District Suqian City Jiangsu for the 12th National People's The Company completed the shareholding reform and The "R&D and Industrialization of High-capacity Chip Ceramic

Province. Jiangsu Boqian Congress who offered advises changed its name to "Jiangsu Boqian New Materials Co. Ltd.".New Materials Co. Ltd. was and suggestions for the economic

Capacitor Internal Electrode Nano Nickel Powder" project was

included in the Jiangsu Province Major Science and Technology The Company was recognized as National High-Tech

established formally. development of Jiangsu Province. Achievements Transformation Projects; Enterprise again.The construction of the New Material Industrial Park (Phase

III) commenced.The Company was rated as "Informatization and The Company expanded

The Company was recognized as National High-Tech Enterprise. Industrialization Integration Transformation and Upgrading its ultrafine metal

The Company was rated as "Advanced Unit of Scientific and Technological Demonstration Enterprise in Jiangsu Province". powder production line.Innovation"' and "Advanced Unit of Operation Management".The construction of the The Company was included in the "First Batch of Intelligent

New Material Industrial The "Nano Metal Powder R&D and Industrialization" project was included Demonstration Workshops in Jiangsu Province". The Company drafted and formulated the industrial

Park (Phase I) commenced; in the special action plan of strong industrial base in Jiangsu Province; The Company's "silver powder" and "180nm nickel standard Nickel Powder for Capacitor Electrode.powder" were approved as Jiangsu Province's new 2017

2011 2013 products through provincial-level appraisal. 2019

2015

The "Nickel Powder for Capacitor

Electrodes" was certified as a

"Jiangsu Fine Product".The Company was rated as Jiangsu

Province Five-Star Cloud Enterprise.The Company was rated as Jiangsu The Company's "capacitor electrode nickel powder" The Company was

Advanced Intelligent Factory in Jiangsu Province Intelligent Manufacturing The company's subsidiary Guangxin Nano was certified as was recognized as a "specialized and new" product listed on the main

Province. Workshop. "National High-Tech Enterprise". in Jiangsu Province. board of the Shanghai

Advanced Intelligent Factory in Zhejiang The Company's silver-coated copper The Company was honored as "National Intellectual Property The "300nm silver powder" was identified as a

Stock Exchange.Province. powder products were selected in Model Enterprise" by the State Intellectual Property Office. The Company was recognized as a national "Jiangsu Provincial New Product".the "First Batch of Recommended specialized refined distinctive and innovative

2020

The Company's subsidiary Guangxin Nano The Company was recognized as "Excellent Enterprise" by The Company's subsidiary Guangxin Nano was

was approved as an "Enterprise Research Catalog for Key New Material

"little giant" enterprise.Jiangsu Provincial Party Committee and Jiangsu Provincial recognized as a "Provincial Pilot Demonstration

Institute in Zhejiang Province". Applications" in Zhejiang Province. People's Government. The Company's subsidiary Guangxin Nano Enterprise for the Integrated Development of

was rated as "Green Factory in Zhejiang

The ultrafine metal powder production line The Company's subsidiary The Company was recognized as "Green Factory" by New-Generation Information Technology and

Province".was expanded. Guangxin Nano was approved as an Jiangsu Provincial Department of Industry and Information Manufacturing Industry in Zhejiang Province".The Company was recognized as a quality

The project "Key Technology R&D and "Enterprise Technology R&D Center Technology. The first phase of the "Construction Relocation and

credit AA-level enterprise in Jiangsu Province.Industrialization of Ultrafine Metal Powder in Ningbo". The Company was rated as "Green Leading Enterprise" by Upgrading Project of High-End Metal Powder Material

Preparation for High-Capacity and Small-Size Jiangsu Development and Reform Commission. Production Base for Electronics" was completed and

MLCCs" won the second prize of the "Ningbo 2024 2022 put into operation.The Company's trademark was recognized as "Thousand

Science and Technology Progress Award". Enterprises and Hundred Cities Brand Trademark". Ningbo Guangqian Electronic Material Co. Ltd. was

established.

202520232021

07 08Building a Strong

Governance Foundation

The Company is committed to improving its corporate governance structure. Through the standardized operation

of governance bodies including the General Meeting of Shareholders and the Board of Directors the Company

ensures the effectiveness of corporate governance. It maintains sound and regular communication with

shareholders and investors release information in a timely manner participate in shareholder meetings and

fully solicit shareholders' opinions. Meanwhile the Company continuously optimizes its internal control and risk

management mechanisms upholding the principles of integrity management and fair dealing so as to ensure the

smooth operation of the Company and create value for shareholders.Our Actions：

* Corporate Governance * ESG Management

* Investor Relations * Risk and Internal Control

* Business EthicsOpening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Corporate Governance Board of Directors

In accordance with the provisions of the Company Law of the People's Republic of China the Securities Law of the People's Republic of The convening proposal submission notification attendance deliberation voting resolution and meeting minutes of the

China and other relevant laws regulations and normative documents the Company has formulated the Articles of Association of Jiangsu Company's Board of Directors are all strictly implemented in accordance with the relevant provisions of applicable laws

Boqian New Materials Stock Co. Ltd. and established a corporate governance framework with the General Meeting of Shareholders as and regulations the Articles of Association of Jiangsu Boqian New Materials Stock Co. Ltd. and the Rules of Procedure for the Board of

the highest authority and the Board of Directors as the core of decision-making and supervision. The senior management appointed by Directors of Jiangsu Boqian New Materials Stock Co. Ltd. Directors earnestly perform their obligations and exercise their rights in

the Board of Directors is responsible for daily operations. Together these authorities form a governance structure with clearly defined accordance with the law. During the reporting period the Company held 7 sessions of the Board of Directors with a 100%

powers and responsibilities and effective checks and balances. attendance rate of directors.General Meeting of

Shareholders Diversity of the Board of Directors

Strategy and ESG Committee

To strengthen the effectiveness of governance and enhance the level of scientific decision-making the Company actively

Secretary of the Board of Audit Committee

Directors promotes the diversified construction and independence enhancement of the Board of Directors. During the selection Board of Directors Remuneration and Appraisal of Board members the Company comprehensively considers factors such as gender age educational background

General Committee skills knowledge and professional experience ensuring diversity across fields such as chemical industry accounting

Manager

Nomination Committee law among others. This multi-field coverage injects innovative energy for strategic planning from a cross-disciplinary

perspective solidifying the foundation for the Company's sustainable development.Diversified Composition of the Board of Directors

Professional Knowledge

Deputy General Deputy General Chief Financial Ningbo Main Experience

Manager Manager Officer Branch and Skills

Name Position Finance Finance Gender Age

Securities

Affairs Administration Marketing R&D

Quality Production

Control Planning Financial Audit

Industry & Law Industry & Law

Department Center Cente Cente Center Center Center Department Banking Banking

Wang Chairman of the 65 years

Corporate Governance Structure MaleLiping Board old

The Company aims to standardize governance and promptly revise or establish relevant management systems in accordance Director and 56 years Qiu Oute Male

General Manager old

with the latest regulatory laws normative guidelines and the actual situation of the Company thereby ensuring a solid Director and

management foundation and continuously improving the construction of its institutional system. During the reporting period Jiang 52 years Deputy General Male

the Company revised the Articles of Association of Jiangsu Boqian New Materials Stock Co. Ltd. together with systems including Yilong oldManager

the Rules of Procedure for the General Meeting of Shareholders of Jiangsu Boqian New Materials Stock Co. Ltd. the Rules of Procedure Zhao 44 years Director Male

for the Board of Directors of Jiangsu Boqian New Materials Stock Co. Ltd. and the Detailed Working Rules for the General Manager of Dengyong old

Director and

Jiangsu Boqian New Materials Stock Co. Ltd. Meanwhile the Company formulated systems such as the Internal Control System of Secretary of 45 years

Jiangsu Boqian New Materials Stock Co. Ltd. and the Management System for the Resignation of Directors and Senior Management Jiang Ying Femalethe Board of old

Personnel of Jiangsu Boqian New Materials Stock Co. Ltd. Directors

Employee

43 years

General Meeting of Shareholders Cai Jun Representative Male oldDirector

The convening proposal submission notification attendance deliberation voting resolution and meeting minutes of the Company's Independent 48 years Leng Jun Male

Director old

General Meeting of Shareholders are all strictly implemented in accordance with the relevant provisions of applicable laws and Jiang Independent 44 years

regulations the Articles of Association of Jiangsu Boqian New Materials Stock Co. Ltd. and the Rules of Procedure for the General MaleSuting Director old

Meeting of Shareholders of Jiangsu Boqian New Materials Stock Co. Ltd. Shareholders earnestly perform their obligations and exercise Independent 60 years Xu Jinfu Male

their rights in accordance with the law. During the reporting period the Company held 2 sessions of the General Meeting of Shareholders. Director old

11 12Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Independence of the Board of Directors Compliance Training

During the reporting period the Company revised the Working Rules for Independent Directors of Jiangsu Boqian New Materials

Stock Co. Ltd. and the Working Rules for Special Meetings of Independent Directors of Jiangsu Boqian New Materials Stock Co. Ltd. The Company organized directors senior management and other relevant personnel to participate in a series of

These rules clearly define the key functions of independent directors in supervision risk control and decision-making safeguard their compliance training sessions held by the Shanghai Stock Exchange and the Jiangsu Association for Public Companies

independence in performing duties improve the efficiency of deliberations and the quality of decisions of the Board of Directors through online and offline channels. These sessions aimed to help them understand the latest regulatory landscape and

effectively protect the rights and interests of shareholders and enhance the transparency of corporate governance. statutory amendments and strengthen their compliance awareness and professional competency in performing duties.The Company's Board of Directors comprises 9 directors including 3 independent directors and 1 employee representative director

elected during the reporting period which ensures the diversity of decision-making and effective checks and balances of the Board

of Directors. In the reporting period the Company held 2 special meetings of independent directors which mainly deliberated on Remuneration of Directors and Senior Management

related transaction matters subject to pre-review and approved all such matters unanimously.During the reporting period the Company renamed the "Strategy Committee" as the "Strategy and ESG Committee". At present the During the reporting period the Company revised the Remuneration Management System for Directors and Senior

Board of Directors has set up four special committees namely the Audit Committee the Nomination Committee the Remuneration Management of Jiangsu Boqian New Materials Stock Co. Ltd. which clearly defines the composition of remuneration

and Appraisal Committee and the Strategy and ESG Committee. Each committee performs its duties independently and effectively for directors and senior management the basis for remuneration adjustment and the principle of performance linkage.in strict accordance with the provisions of the Articles of Association of Jiangsu Boqian New Materials Stock Co. Ltd. and its respective Besides the system stipulates that incentive remuneration may be revoked in the event of serious violations of rules and

working rules. regulations. On the other hand the Company also formulated the Management System for the Resignation of Directors

and Senior Management of Jiangsu Boqian New Materials Stock Co. Ltd. which systematically sets out the resignation

Members and Responsibilities of the Special Committees under the Board of Directors scenarios and procedures clarifies the continuing obligations after resignation (e.g. confidentiality and shareholding lock-

up) and establishes a liability investigation mechanism to ensure the smooth transition of corporate governance.Special Committee Members Number of Meetings Main Responsibilities

Leng Jun a professional accountant serves as

Leng Jun (Chair) the convenor of the Audit Committee. The Audit

Committee's core functions include financial

Audit Committee Jiang Suting 7 supervision and risk control. It is responsible

for reviewing financial information supervising

Zhao Dengyong internal and external audits evaluating internal

control.Xu Jinfu (Chair) Its core functions include personnel selection

and qualification review. It is responsible for

Nomination Committee Wang Liping 2 formulating selection criteria and procedures for

directors and senior management and conducting

Jiang Suting qualification checks on candidates.Its core functions include the establishment

Jiang Suting (Chair) of incentive and restraint mechanisms. It is Remuneration and Appraisal

2 responsible for formulating assessment criteria

Committee Leng Jun Qiu Oute remuneration policies and plans for directors and

senior management.Its core functions include defining development

direction and conducting sustainable governance.Wang Liping (Chair) It is responsible for researching the Company's

Strategy and ESG Committee 1

Qiu Oute Xu Jinfu long-term strategy major investments and ESG-

related matters and promoting the Company's

sustainable development.

13 14Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Investor Relations Investor Relations Management

The Company actively advances the construction of investor relations and market value management systems. During the reporting

period it revised and implemented the Investor Relations Management System of Jiangsu Boqian New Materials Stock Co. Ltd. set up

Information Disclosure a full-time department and established an omni-channel and normalized communication mechanism covering performance briefings

on-site research roadshow exchanges hotline communication and information disclosure review. This ensures efficient compliant and

transparent interaction with the capital market. Under the protection of this system the Company proactively and accurately conveyed

The Company strictly abides by the Measures for the Administration of Information Disclosure by Listed Companies. to the market positive progress in core technological breakthroughs orderly capacity expansion and governance structure optimization

During the reporting period it revised the Information Disclosure System of Jiangsu Boqian New Materials Stock Co. Ltd. effectively strengthening investors' consensus on the Company's development strategy and long-term value. During the reporting period

and the Annual Report Information Disclosure Major Errors Accountability System of Jiangsu Boqian New Materials Stock the Company's total market capitalization achieved significant growth rising from RMB 7.573 billion at the beginning of the period to RMB

Co. Ltd. thus establishing an information disclosure management system with clearly defined powers and responsibilities 17.109 billion at the end of the reporting period a year-on-year increase of 125.92%. This fully reflects the capital market's recognition of the

and a complete workflow. This system specifies the principles scope procedures and the responsibilities of each subject Company's core competitiveness and sustainable development potential.for information disclosure and sets up a mechanism for the identification of and accountability for major errors so as to

Since its listing the Company has maintained annual cash dividends to actively share its operating results with investors. During the

ensure that information disclosure is true accurate complete timely and fair.reporting period the Company implemented the 2024 annual profit distribution plan distributing a cash dividend of RMB 1.5 per 10 shares

(including tax) to all shareholders with a total cash dividend of RMB 39.24 million (including tax).Key Performance

Key Performance

During the reporting period

During the reporting period the Company disclosed 4 periodic reports and 62 interim announcements

For all investors the Company held 3 performance briefings on the SSE Roadshow Center platform to

ensuring the timeliness accuracy and compliance of all external information dissemination and laying a solid systematically interpret its financial performance business strategy and industry prospects;

foundation for building long-term and stable investor relations.A total of 31investor inquiries were replied to via the SSE E-Interaction Platform covering products

markets technologies and other aspects ensuring the openness timeliness and transparency of daily

communication;

On-site research activities were organized and multiple institutional investors were received on multiple

occasions throughout the year.Case Winning the Award for Excellent Investor Relations Management

Enhancing the Quality and Efficiency of Capital Market Communication

In December 2025 the Company was awarded the "Best Communication and Interaction

Award" by Comein Finance in recognition of its outstanding performance in investor

relations management practice. It is reported that the "2025 Listed Companies Annual

Investor Relations Management Data Ranking" was compiled by Comein Finance based on

multi-dimensional investor relations management data aggregated on its platform while

combining with the statistical analysis of listed companies' capital market performance.This ranking not only represents recognition of listed companies’ investor relations

management practices and also aims to encourage listed companies to further improve

their investor relations management capabilities and contribute to the construction of a

sound and efficient capital market environment.The winning of this "Best Communication and Interaction Award" fully demonstrates

the recognition of the Company's investor relations management work by the industry

and investors. Going forward the Company will continue to attach great importance to

interactive communication with investors keep pace with industry development trends "Best Communication and

and changes in investor demands further explore innovative practices in investor relations Interaction Award" for Investor

management work maintain high-quality and proactive communication with the capital Relations Management by

market and contribute to the stable and healthy development of the capital market. Comein Finance

15 16Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.ESG Management Stakeholders Concerns and Expectations Communication Channels

*Innovation-driven

The Company's Board of Directors is the supreme decision- *Supply chain security *Communication and collaboration

making and supervision body for the sustainable development *Safety and quality of products and services with customers

strategy and bears ultimate responsibility for major related Honors and Qualifications *Data security and customer privacy protection *Customer satisfaction survey

risks and opportunities. The Strategy and ESG Committee During the reporting period the Company *Addressing climate change *Technical seminars

under the Board of Directors is responsible for researching

*Usage of energy

ESG-related policies and major sustainable development “A” *Daily communication with achieved in the Wind ESG Rating ranking *Usage of water resources customersmatters; identifying and supervising ESG-related risks

among the top in the metals and mining industry.and opportunities that have a material impact on the Customers *Circular economy

*Confidentiality of customer

Company's business; guiding the senior management to *Anti-commercial bribery and anti-corruption

information

adopt appropriate response measures for ESG risks and *Anti-unfair competition

opportunities; and reviewing the Company's policies reports

and other documents pertaining to environmental social and *Anti-commercial bribery and anti-corruption

governance (ESG) topics.*Anti-unfair competition *Employee training

*Employee rights and benefits protection *Work meetings

Communication with Stakeholders *Occupational health and safety *Staff symposium

Employees *Employee training and development *Employee satisfaction survey

The Company actively listens to the suggestions and expectations of stakeholders regarding sustainable development *Data security and customer privacy protection *Employee activities

through various communication channels to ensure effective communication with key stakeholders. *Contributions to the society

Stakeholders Concerns and Expectations Communication Channels *Supply chain security *Supplier management and auditing

*Due diligence *Equal treatment to small and medium-sized *Supplier training and

*Communication with stakeholders enterprises empowerment

*Anti-commercial bribery and anti-corruption Suppliers and Business *Safety and quality of products and services *Supplier communication and

*Anti-unfair competition *Government research Partners *Anti-commercial bribery and anti-corruption exchange

*Corporate governance *Compliance inspection *Anti-unfair competition *Supplier conferences

*Pollutant discharge *Regular meeting exchange

*Waste disposal *Participating in government *Anti-unfair competition

Government and cooperation exchange and *Environmental protection activities

Regulatory Agencies *Environmental compliance management discussion activities *Addressing climate change *Industry conferences and

*Equal treatment to small and medium-sized *Rural revitalization exhibitions

enterprises Community and Industry *Contributions to the society *School-enterprise cooperation

*Rural revitalization *Innovation-driven *Public welfare activities

*Rural revitalization

*Contributions to the society

*Corporate governance *Information disclosure *Innovation-driven

*Equal treatment to small and medium-sized *Information disclosure*Communication with stakeholders *Performance briefings

*Anti-commercial bribery and anti-corruption *Investor hotline enterprises *Communication interviews

*Safety and quality of products and services

Shareholders *Innovation-driven *Company research *Wechat Official Account platform*Circular economy

and Investors Media

*Addressing climate change

*Communication with stakeholders

17 18Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Materiality Topics Analysis

Highly material Product and service safety and quality

Data security and customer privacy protection

To fully understand the focus of stakeholders' concerns and better integrate their demands and expectations into the

Innovation-driven

Company's sustainable development management practices the Company has carried out the identification and analysis

of material topics and prioritized such topics. In the assessment the Company gives priority to risks that may materially Waste disposalSupply chain security

impact its business damage its reputation or are of the utmost concern to stakeholders. During the reporting period the Employee rights and benefits protection Pollutant discharge

Company conducted an assessment and adjustment of the 2024 double materiality topics in light of its actual operation

and identified a total of 4 topics with double materiality and 7 topics with only impact materiality.Anti-unfair competition Employee health

and safety

Learning about Circular economy

Company *Learn about company activities and business relationships Anti-commercial bribery and anti-corruption

Activities

*Understand the external objective environment Due diligence

and Business Usage of water resources

Relationships and *Learn about the main affected stakeholders Usage of energy

Employee training and development Environmental compliance Backgrounds management

Equal treatment to small and

medium-sized enterprises Communication with

stakeholders

ESG Topic *Use topics identified inGuidelinesas a baseline and identify other potential

materiality topics with reference to peer companies rating standards etc.Library Addressing climate change

Identification *Identify the impact risks and opportunities related to the topics and

summarize them to form a company topic library Rural revitalization

Contributions to the society Highly material

Materiality to Finance of the Company

Topic

*Identify the results of impact materiality and financial materiality assessments Governance Environmental Social

Materiality through interviews etc.Assessment *Anti-commercial bribery *Addressing climate change *Innovation-driven*

*Integrate the assessment results to form a dual-materiality matrix and anti-corruption *Usage of energy *Product and service safety and

and Ranking *Anti-unfair competition *Usage of water resources quality*

*Communication with *Circular economy *Data security and customer privacy

stakeholders *Waste disposal* protection

*Due diligence *Pollutant discharge *Supply chain security

*Environmental compliance *Employee rights and benefits

Topic *Determine or adjust the results of materiality topics in combination with the management protection

Materiality opinions of the management *Employee training and development

Determination *Disclose in the annual social responsibility report in accordance with the *Employee health and safety*

and Reporting requirements of theGuidelines

*Contributions to the society

*Rural revitalization

*Equal treatment to small and

medium-sized enterprises

Materiality Analysis Process of Topics Note:Topics marked with an asterisk (*) are of double materiality.

1920

Materiality to economic social and environmental impactsOpening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.The Company assesses the risks and opportunities associated with each sustainability-related topic considering their

impact on economic social and environmental sustainability over the short term (0 to 1 year inclusive) medium term (1 to Risk Internal Control

3 years inclusive) and long term (over 3 years) as well as their influence on short-term operations and business decisions.

Based on this assessment the Company analyzes its response strategies develops corresponding action plans and works

to prevent potentially significant negative impacts or risks while seizing new opportunities. The Company has formulated the Internal Control System of Jiangsu Boqian New Materials Stock Co. Ltd. and the Internal

Audit System of Jiangsu Boqian New Materials Stock Co. Ltd. which define the five major principles of internal control:

Risks and Opportunities of Financially Material Topics comprehensiveness materiality checks and balances adaptability and cost-effectiveness systematically forming an

internal control framework covering the corporate level subordinate departments and affiliate levels and individual

Topic Key Risks/ Financial Value Chain Impact

business process levels. The systems cover all key business processes including sales and collection procurement and

Opportunities Impact Link Affected Period Response Measures payment production management asset management investment R&D and human resources while integrating seals

Risk: Product quality Establish a full-process contracts budgets information disclosure and subsidiary management into a unified system ensuring that internal

fluctuations or presence of quality control system set up control runs through the entire process of decision-making execution and supervision.Risk: Decrease

non-conforming products Upstream a rapid response mechanism

Safety and in revenue

affecting customer trust; supply chain Short-term for customer complaints

Quality of Internal Control Management Structure

Opportunity: Enhancing own operations medium-term and promote a closed-

Products and Opportunity:

customer loyalty through downstream long-term loop quality improvement

Services Increase in

quality improvements and supply chain process. For details see the

revenue Assume ultimate responsibility for internal control including approving policies

efficient services expanding "Product and Service Safety Board of

into the high-end market. and Quality" section. supervising implementation reviewing reports and ensuring truthful and complete Directors

Strengthen industry- disclosures.。

Risk: Deviation of R&D

academia-research

direction from market

collaboration and joint

demand lagging

Risk: Decrease talent cultivation through Audit Guide and supervise internal control inspections review relevant reports and draft

technological iteration loss of

in revenue postdoctoral workstations

key talent; Own operations Committee self-assessment reports.Innovation- Medium-term establish an intellectual

Opportunity: Commer- supply chain

driven Opportunity: long-term property early warning

cialization of new downstream

Increase in and layout mechanism to

technologies/products

revenue prevent technology leaks Audit Independently conduct daily internal control inspections and supervision report

drives high-margin growth

and infringement risks. Refer directly to the Board of Directors identify deficiencies track rectifications and

while patent barriers create Department

to the "Innovation-Driven" maintain work records.competitive advantages.section.Risk: Hazardous waste Establish a closed-loop Organize the daily operation and execution of the internal control system

leakage waste classification management system from Management implement risk control activities and urge business departments to take corrective

Own operations Short-term

Waste confusion disposal by source prevention to end- actions.Cost increase supply chain medium-term

Management unqualified units lagging of-pipe disposal. Refer to

downstream long-term

emergency response waste the "Waste Management"

of recyclable resources. section. Business and

As the specific execution level of internal control implement policies coordinate

Subordinate

Establish a work safety inspections and carry out rectifications.responsibility system Departments

Risk: Production safety

covering all employees and a

accidents (e.g. equipment-

Employee three-level safety education

related injuries chemical Short-term

Health and Cost increase Own operations system and conduct regular

exposure) occupational medium-term All Employees Participate in internal control activities together with the Board of Directors and the Safety equipment safety inspections

disease hazards inadequate management and serve as fundamental participants in internal control execution.and hazard identification.emergency management.Refer to the "Occupational

Health and Safety" section.

21 22Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Risk and Internal Control Management Measure Business Ethics

Routine Supervision and Evaluation Key Area Audits

Upholding a "zero tolerance" principle toward fraudulent behaviors such as bribery and embezzlement the Company

The Audit Department is responsible for daily internal continuously regulates employee conduct and promotes a culture of integrity through the formulation and implementation of

control supervision conducts annual internal control The Audit Department conducts timely special the Anti-Fraud Management System of Jiangsu Boqian New Materials Stock Co. Ltd. adhering to the integrity declaration of

self-evaluations identifies deficiencies and prepares audits on major matters such as external "Starting from myself I will uphold the bottom line of honesty and integrity and reject any form of bribery and corruption!"

the Internal Control Evaluation Report. The Company investments related-party transactions guarantees

has established quantitative and qualitative criteria asset acquisitions and disposals to ensure

for identifying internal control deficiencies in financial compliance and risk controllability. Anti-Fraud Management System

and non-financial reporting to ensure objective and

consistent evaluation.Audit

Committee Be responsible for guiding the Company's anti-fraud efforts.Deficiency Rectification and Tracking Subsidiary Management

For identified internal control deficiencies relevant Through Articles of Association control personnel

departments are organized to develop corrective appointments/removals operational supervision

actions and track implementation incorporating periodic reporting and audits the Company extends Audit Serve as the standing body for anti-fraud work; be responsible for independently

them into performance evaluations to form a closed- effective internal control to controlling subsidiaries conducting fraud investigations performing special audit supervision and reporting to Departmen

loop process of "inspection-assessment-rectification- ensuring consistent governance. the Audit Committee.review".Take responsibility for addressing fraudulent behavior establishing improving and

The Company is committed to building a regular internal control training system driving the deep transformation of Management effectively implementing anti-fraud procedures and controls including fraud risk

internal control policies and business processes from textual norms to efficient employee execution through systematic assessment and fraud prevention and conducting self-assessments.empowerment mechanisms ensuring sustained compliant operations.Case Special Training on the Inventory Management System

Business

To strengthen system implementation and prevent Departments Be responsible for anti-fraud work within their respective departments.operational risks the Company organized a special training

on the Inventory Management System for key personnel from

the Warehousing Center Procurement Department and other

relevant positions in June 2025. This training systematically

explained the key control points and norms for the entire

process including material requisition warehousing receiving

outbound handling inventory counting and other related

procedures aiming to ensure accurate implementation and

efficient execution following system updates enhance the risk Special Training on the

awareness and operational compliance of relevant personnel

and fortify the defense line for asset security and internal Inventory Management

control at the early stage of business execution. System

23 24Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Anti-Fraud Anti-Fraud Training

To build an honest and transparent business environment the Company has integrated anti-fraud and integrity-based operations To deepen a culture of integrity and compliance the Company adheres to a dual-drive approach of conceptual guidance

into the core of its corporate governance continuously strengthening prevention and control mechanisms through systematic and practical implementation building a comprehensive and systematic anti-corruption governance system to ensure that

measures. standards for ethical and compliant conduct are truly internalized and put into practice.Anti-Fraud Prevention and Control Measures

Advocating a Culture of Integrity and Honesty

The Company issued a special initiative explicitly

requiring all employees to uphold firm ideological

*Lead by example from the senior levels provide training for all employees and convictions strictly observe discipline and rules Special

establish clear behavioral guidelines. and promote a culture of integrity and uprightness

Initiative committing to jointly building an integrity

*Encourage reporting unethical behavior and establish policies for rewards and

ecosystem where employees "dare not cannot

punishments.and do not want to engage in corruption".Strengthening the Assessment of Integrity Risks

*Incorporate fraud risk assessment into the enterprise risk assessment proactively

identify high-risk corruption scenarios in business operations annually and issue

The Audit Department organized an "Anti-

warnings for related practices

Corruption and Integrity Warning Education

*Establish anti-fraud control measures at all levels and in all departments implement Conference" for middle-level managers and

control mechanisms at the source and ensure their effectiveness.Special employees in key positions such as procurement

and sales across the Company's two sites. Through

Training

Conducting Investigations on Key Positions the interpretation of laws and regulations and

the analysis of real cases the training enhanced

employees' compliance awareness and

understanding of behavioral boundaries.*Conduct background checks on individuals being considered for hiring or promotion

to important positions and maintain formal written records.The Company produced and posted initiative

letters and thematic posters displaying them

Signing Integrity Agreements at visible locations such as bulletin boards and

Ideological canteens at both sites. Additionally department-

specific dissemination sessions were conducted

*Have all new employees sign clauses prohibiting commercial bribery in their Letter of Dissemination for frontline departments. These activities reached

Commitment upon Joining the Company. over 300 employees in total effectively deepening

*Sign Anti-Commercial Bribery Agreement with suppliers to prohibit commercial the understanding of integrity and professional

bribery practices. ethics among all employees.

25 26Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Anti-unfair competition

To ensure the effective implementation of the anti-unfair competition management system the Company has established

systematic measures.Specific Measures for Anti-Unfair Competition

Trade Secret Protection Measures Compliance Measures for Promotional Activities

The Company signs confidentiality agreements with all new The Company strictly enforces a legal review mechanism for

employees and explicitly incorporates confidentiality obligations into all external promotional materials to ensure that their content

the Letter of Commitment upon Joining the Company. Key positions is truthful accurate and verifiable fundamentally preventing

such as sales procurement and R&D are subject to enhanced false or misleading commercial advertising.management. On the technical front the Company has deployed a

smart monitoring system and implemented automatic encryption

of sensitive data during storage and transmission achieving full-

Whistleblowing and Complaints process protection of information security.Training and Culture Cultivation Measures Supervision Mechanism

To establish a long-term mechanism for addressing violations that emphasizes both prevention and enforcement the Company has

in accordance with the Whistleblowing and Complaint Management Measures of Jiangsu Boqian New Materials Stock Co. Ltd. set The Company regularly organizes training on the Anti-Unfair For specific whistleblowing channels and protection mechanisms

Competition Law of the People's Republic of China and other relevant

up multi-channel whistleblowing channels covering telephone mailboxes and in-person visits. This aims to strengthen compliance please refer to the relevant content in the "Anti-Fraud" section

laws regulations and professional ethics continuously promoting the

performance and integrity awareness among management personnel at all levels. The Audit Department serves as the designated above.concept of integrity and compliance to all employees. This drives the

receiving body responsible for the registration classification and time-limited resolution of whistleblowing information. Additionally the integration of a compliance mindset—"knowing the red line and acting

Company implements a feedback mechanism with clear rewards and penalties: whistleblowers whose reports are verified will receive within boundaries"—into the corporate culture and transforms it into

corresponding rewards to encourage internal oversight. Acts of malicious false accusation or defamation however will be seriously voluntary employee behavior.pursued for liability in accordance with laws and regulations thereby safeguarding a fair and transparent operating environment.Case Training on "Anti-Unfair Competition Laws Regulations and Compliance Practices"

Whistleblowing Channels

In July 2025 the Company organized a special training

session on "Anti-Unfair Competition Laws Regulations

Whistleblowing/Complaint Hotline: 15606686110 and Compliance Practices" for middle-level managers and

employees in sales and procurement. The training system-

Whistleblowing Email: bqinternal@boqianpym.com

atically interpreted key legal points and analyzed compli-

ance risks in business operations.This training effectively

Complaint Address: No. 23 Jiangshan Avenue Suyu Economic Development Zone Suqian (Audit

enhanced the legal risk prevention awareness and practical

Department); No. 588 Wanjin Road Shiqi Street Haishu District Ningbo compliance capabilities of personnel in key positions

providing a solid safeguard for fostering a fair healthy and Training on "Anti-Unfair Competition Laws

sound business environment. Regulations and Compliance Practices"

Whistleblower Protection

Key Performance

The Company has established a comprehensive whistleblower protection system under which the identity of the whistleblower

Number of employees who signed integrity commitment

and the content of the whistleblowing report are kept strictly confidential. Relevant materials are managed according to Total number of confirmed corruption incidents 0 cases

confidentiality levels to ensure they are not disclosed or forwarded to the accused party. Any form of retaliation is strictly letters 1094 persons

prohibited. If a whistleblower suffers unfair treatment as a result of making a report the Company will promptly intervene Total number of litigation/administrative penalty

0 Number of suppliers who signed anti-bribery investigate and take corrective action. Individuals who engage in retaliatory acts will be subject to warnings economic penalties events for violation of fair competition cases

or even legal liability depending on the severity of the circumstances. commitment letters122 suppliers

27 28Producing Exceptional

Products

The Company consistently adheres to the quality management policy of "advanced

technology excellent quality continuous improvement and customer satisfaction"

ensuring product reliability and customer responsiveness through a product full-

lifecycle quality management system driving product innovation and matrix

expansion through cutting-edge core technologies and providing a solid guarantee

for excellent product delivery and lasting customer trust through strict data

protection and standardized supply chain management.Our Actions:

* Safety and Quality of Products * Data Security and Customer

and Services Privacy Protection

*I nnovation-driven *S upply Chain SecurityOpening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Product and Service Safety and Quality

The Company has established a product and service safety and quality management system through an institutionalized

governance structure a quality culture involving all employees and closed-loop risk and opportunity management. The Quality Certification

Company is committed not only to continuously improving product consistency and reliability but also to responding

swiftly to customer feedback and delivering an excellent service experience.Governance

Based on relevant quality management system standards such as ISO 9001 and IATF 16949 the Company has formulated system

documents including the Quality Manual Production and Service Operation Control Procedure and Non-Conforming Product

Control Procedure and regularly conducts internal quality management system audits and management reviews to continuously

improve the effectiveness of the quality management system. In terms of customer service the Company consistently adheres

to a "customer-centric" service philosophy establishing a full-process customer service system covering pre-sales in-sales and

after-sales stages. Additionally the Company has developed standardized documents such as the Sales Management System

Customer-Related Process Control Procedure and Customer Satisfaction Survey Control Procedure continuously improving

service efficiency and customer satisfaction.The General Manager formulates the quality policy and objectives establishes an integrated

quality and environmental management system and regularly conducts management

reviews; The Company has passed ISO 9001 Quality Management System certification and its subsidiary Guangxin Nano has

The Management Representative oversees the establishment and maintenance of the system passed ISO 9001 and IATF 16949 Quality Management System certifications.coordinates internal and external communication and ensures the Company understands

customer expectations and regulatory requirements;

The Deputy General Manager supervises the implementation of system requirements across

all departments and adjudicates major quality incidents.The Quality Department is responsible for the full-process inspection of

Level raw materials semi-finished products and finished products handles Top-

Coordination non-conforming products and verifies corrective and preventive actions;

The Production Planning Center leads production process quality

control non-conforming product handling and status identification

management;

Execution vel The Procurement Department screens qualified suppliers evaluates Le

supplier performance and ensures the quality of procured materials;

The Business Department is responsible for market research customer

satisfaction data collection customer feedback and complaint handling

and conducts contract and order reviews.ementatio

n

Impl

Strictly implement inspection standards and conduct product

first-article inspection and self-inspection.Product and Service Quality Management Structure

31 32Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Strategy

The Company has established a closed-loop management mechanism from source control to continuous improvement supported During the reporting period the Company made systematic investments and improvements to continuously enhance its

by rigorous customer complaint and product recall processes ensuring rapid and effective response to market feedback product quality inspection capabilities:

management of quality risks stable and reliable product performance and continuously enhanced customer experience.Product Quality Improvement Hardware Upgrade

The Company's quality management spans the entire product lifecycle encouraging employees to propose quality

The Company invested approximately RMB 20 million to introduce advanced testing equipment including field

improvement suggestions promptly address customer feedback and continually enhance product quality.emission electron microscopes and carbon-sulfur/oxygen-nitrogen analyzers significantly enhancing its precise

Phase Core Measures detection capabilities for microstructure and composition of powder materials meeting downstream customers'

increasingly stringent quality requirements and supporting technological upgrades.

1.The Company has established a rigorous supplier evaluation and selection mechanism conducting

comprehensive audits of supplier qualifications production capabilities and quality assurance

Raw Material systems to ensure all procured raw materials meet powder production quality standards.Quality Control 2. All incoming materials undergo strict inspection per defined sampling plans and testing protocols Talent Optimization

with full-item testing conducted. Any non-compliant materials are categorically rejected from

warehouse entry guaranteeing product quality at the source.In response to the proliferation of AI applications and the rising quality control demands of the industry the

1. The Company has introduced advanced production equipment and automated control systems to Company has raised the basic educational requirement for inspection and quality control personnel in the Quality

enhance process stability and controllability effectively reducing human-factor impacts on product Department from high school diploma to associate degree. Through personnel renewal the proportion of Quality

quality. Department staff holding associate degrees or bachelor's degrees has continued to increase laying the foundation

Production 2. Quality control checkpoints are implemented at critical production stages utilizing for talent pipeline development.Process Quality Statistical Process Control (SPC) for real-time monitoring and analysis of production data to

Control promptly identify and correct abnormal fluctuations.

3. Enhanced quality training for production staff strengthens quality awareness and

operational skills ensuring strict adherence to operating procedures.

1. A comprehensive finished product inspection system has been established requiring full-item

Finished testing of each powder batch (including appearance particle size purity specific surface area and

Product Quality bulk density) prior to warehouse entry and shipment to ensure compliance with quality standards.Inspection and 2. Advanced testing equipment operated by qualified personnel undergoes regular

Control calibration and maintenance to guarantee accurate and reliable test results.

1. The Company has established a quality issue feedback mechanism encouraging employees to

promptly report quality problems identified during production and providing appropriate rewards to

Continuous those who report such issues.Quality 2. For quality issues identified through customer feedback or internal findings the Company forms

Improvement dedicated quality improvement teams. Using quality management tools (such as 8D reports and

fishbone diagrams) these teams conduct root cause analysis develop and implement effective

corrective actions and track improvement results ensuring closed-loop quality management.Product Lifecycle Quality Management

33 34Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Customer Complaint & Recall Mechanism Customer Satisfaction Survey

The Company has established a comprehensive product service and after-sales system including the Customer Complaint The Company regularly conducts customer satisfaction surveys to gain a comprehensive understanding of customer

Handling Procedure which clearly defines responsible departments and workflows at each stage to ensure timely analysis evaluations and needs regarding product quality service levels complaint handling and other aspects. Survey results are

and effective resolution of complaints. Additionally annual performance targets are set for key metrics such as complaint analyzed yearly culminating in a Customer Satisfaction Analysis Report. Based on the findings appropriate corrective and

response rate and resolution rate safeguarding customer rights and upholding corporate reputation. preventive measures are formulated and implemented.Case Closed-Loop Management of Customer Needs – Continuously Improving Service and Product Quality

In 2025 the Company carried out customer visits and surveys and provided technical support for a domestic slurry

customer via offline visits online meetings and satisfaction questionnaires. Feedback on product usage was collected

Complaint Receipt and Complaint Classification Investigation and confirming that product stability and delivery efficiency were well received while packaging puncture resistance and

Registration and Response Analysis transportation management needed improvement. Feedback regarding packaging damage was gathered and filed.Additionally the Company compiled the data and completed a satisfaction analysis formulated short-term and long-

1. All complaints must be recorded 1. General complaints: Requiring 1. A preliminary analysis must be com- term improvement measures strengthened packaging personnel training and selected puncture-resistant packaging

in the Customer Complaint Regis- response within 24 hours pleted within 48 hours with submis- materials effectively reducing the risk of damage and continuously improving customer satisfaction and service quality.tration Form 2. Severe complaints: Requiring sion of the Complaint Analysis Report

2. Preliminary categorization of response within 2 hours with man- 2. For complaints involving major

complaints (quality logistics ser- datory escalation to management quality issues an 8D Report (root

vice etc.) cause analysis) is required

Impact Risk and Opportunity Management

The Company has established a product and service safety and quality risk and opportunity management process: internal

and external information is collected across all stages of the product lifecycle to identify risks related to R&D supply chain

Solution and Implementation Customer Feedback and Closing production and after-sales as well as opportunities such as quality upgrades and value-added services; a rating system

of "impact level × frequency of occurrence" is adopted and the list is dynamically updated; through routine monitoring

1. General complaints: Solutions must be provided 1. After implementing solutions conduct periodic reviews and ongoing supervision risks are addressed with tiered rectification measures and opportunities are

within 5 working days customer follow-up within 3 days to confirm supported with implementation plans forming a closed-loop management system.

2. Severe complaints: Interim measures required satisfaction

within 3 working days with permanent corrective 2. Archive all records and complete the

actions completed within 7 working days Complaint Case Closing Report Indices and Goals

Customer Complaint Management Process

Goals in 2025 Performance during the Reporting Period

Case Specialized Rectification of Product Label Adhesion – Enhancing Packaging Quality Control and Customer Experience Major customer complaints fewer than 5 per year Achieved: Zero major customer complaints

In September 2025 after receiving customer feedback that inner bag labels were not adhering firmly with curling edges and

detachment the Marketing Department initiated emergency procedures immediately and led seven responsible persons

from the Quality Department Procurement Department and Production Department in conducting a special investigation.Departments collaborated to conduct a multi-dimensional analysis of process environment and materials identifying the

core causes for insufficient adhesive layer strength and poor material compatibility. The Procurement Department promptly

replaced the labels with highly compatible high-adhesion materials. The Quality Department performed full-process tracking

and quality control. Meanwhile the Marketing Department communicated rectification progress to the customer and invited

them for acceptance. This rectification formed a complete closed-loop process. No similar issues have occurred since the material

replacement safeguarding the product's market reputation and providing replicable practical experience for the prevention and

handling of similar packaging issues.

35 36Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Innovation-Driven Consolidate the leading position in high-end MLCC materials with PVD-based technology platform as the core

The Company will continue to increase R&D investment optimize core powder manufacturing processes and improve product

Innovation and breakthroughs in core technologies form the foundation of the Company's high-quality development. The Company performance in terms of particle size control sphericity and consistency to meet the development trends of miniaturization

places strong emphasis on R&D investment and technological accumulation. Building upon its core technology - atmospheric- and high performance in electronic components. With the rapid development of applications such as AI high-performance

pressure plasma evaporation- condensation process - it continuously upgrades and iterates production processes. This drives product computing and new energy vehicles high-end MLCC imposes higher performance requirements on metal powder materials.diversification from metal powders to non-metal powders and from single-element metals to multi-component alloys. Through Leveraging its PVD-based technology platform the Company will advance process upgrades strengthen its R&D capabilities in

strategic collaborations with clients the Company actively expands its portfolio of high-value-added products. nano-grade and ultrafine powder materials and consolidate its leading position in the high-end MLCC materials sector.Governance Expand diversified product portfolio and expand presence in emerging application areas

Depending on its PVD-based technology platform the Company will further expand its product portfolio to emerging fields such

The Company's Technology Development Department and R&D Center together constitute the Technology R&D Center which leads the

as photovoltaics and solid-state batteries. Copper-based products can effectively reduce the cost of photovoltaic conductive

R&D planning and implementation of the Company's innovative technologies. Additionally the Company has established a dedicated

pastes through “copper substitution for silver” helping customers reduce costs and improve efficiency with broad market

Intellectual Property Protection Office which is systematically responsible for the protection of intellectual property including trade

potential. The Company is developing nano-grade silicon powder and silicon alloy products for use in advanced battery anodes.secrets. The Company has established a five-stage R&D project management system covering the entire lifecycle from "laboratory-

Through transferred arc and non-transferred arc plasma technologies the Company can rapidly replicate its core technologies to

scale testing → pilot-scale testing → industrialization". Through strategic-aligned collective decision-making phased rigorous reviews

other high-end metal powder materials building a platform-based materials capability and continuously expanding its product

full-lifecycle intellectual property management and cross-departmental collaboration innovation activities are kept under effective

matrix and application scenarios.supervision and strategic guidance providing a solid governance foundation for technological breakthroughs and commercial success.Deepen industry-academia-research cooperation to strengthen the foundation for technological innovation

Director of Technology R&D Center

The Company plans to strengthen cooperation with universities and research institutions to promote the R&D and

industrial application of cutting-edge materials technologies continuously enhancing its technological innovation

capabilities and long-term competitiveness.Director of Technology

Deputy Director of R&D R&D Innovation Strategy of the Company

Development

Center

Department R&D Innovation Incentives

The Company is committed to an innovation-driven talent-led approach. It places strong emphasis on the management and development of its

R&D team through a well-established incentive framework. The Company has implemented the Science and Technology Advancement Reward

Policy and the Intellectual Property Reward Policy which provide substantial rewards to employees who make outstanding contributions to

innovation and R&D. These policies continuously drive technological advancement and enhance the Company's research capabilities and R&D

management standards.Scope of Reward: New product development; technological development (including

Science and innovation technology introduction and industrialization); products and scientific

Technology

Advancement achievements that have generated sales revenue.Rewards Reward Levels: Science and Technology Advancement Reward (Special Prize First Prize

Second Prize Third Prize); Technological Innovation Reward (Golden Idea Award)

Technology R&D Organizational Structure of the Company

Strategy Scope of Reward: Invention and utility model patents filed or granted in target countries/

Patent

The Company is focused on the high-end metal powder materials sector. We continuously strengthens our in-house innovation Rewards regions with the Company (including our affiliated subsidiaries) named as the patent

capabilities and competitive position by establishing core technological barriers pursuing platform-based product expansion holder.Reward Levels: Invention patent utility model patent.enhancing R&D incentive mechanisms and intellectual property (IP) protection frameworks and deepening industry-university-

research cooperation. These efforts collectively support industrial upgrading and high-quality growth.R&D Incentive Mechanism

3738

Silver-Coated Copper Powder R&D Team

R&D Department 5

R&D Department 4

R&D Department 3

R&D Department 2

R&D Department 1

Technology Development Department 2

Technology Development Department 1Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Intellectual Property Protection Impact Risk and Opportunity Management

The Company prioritizes intellectual property management with clear guidelines for IP declaration and administration established in the Through our annual technology strategic planning and target decomposition mechanism the Company systematically identifies

Employee Handbook and Intellectual Property Reward Policy. The Company's independent research and development project Nano market-leading opportunities and potential R&D risks. During project execution milestone review mechanisms are used to dynamically

Metal Powder R&D was listed into Jiangsu Province Strategic Emerging Industry Development Special Project and the High-capacity monitor R&D progress technical bottlenecks and budget performance. For major technical risks identified third-party expert reviews

Multi-layer Ceramic Capacitor Inner Electrode Nano Nickel Powder R&D and Industrialization project was listed into Jiangsu Enterprise are promptly engaged and project exit mechanisms are established. For major strategic opportunities the Company responds rapidly

Innovation and Achievement Transformation Special Fund project. The Company also presided and formulated the industry standard by forming cross-functional joint project teams and accelerating technology transfer. Concurrently the Company continuously optimizes

of Nickel Powder for Capacitor Electrodes. Over the years the Company has continuously strengthened our IP framework and has been our innovation management system through performance evaluations and annual reviews.recognized as a National Intellectual Property Advantage Enterprise and a National Intellectual Property Demonstration Enterprise.Case Professional IP Training – Enhancing Both Core Competencies and Management

Indices and Goals

Capabilities

During the reporting period the Company's technology R&D focused on the localization and high-end development of

In November 2025 the IP Office of the Company's core material technologies. We successfully achieved mass production of 120nm nickel powder. Through continuous

subsidiary Guangxin Nano conducted specialized optimization of the production processes for 180nm and 250nm nickel powder the Company significantly improved

training on intellectual property for personnel supply stability and raw material utilization thereby driving the green transformation of our manufacturing operations.involved in IP-related activities aimed at In addition by applying innovative particle sorting and matching technologies to inductive soft magnetic materials the

developing a strong team of IP professionals within Company successfully met customers' stringent requirements for product magnetic properties.the Company. The training covered intellectual

property laws and regulations IP management Index Unit 2025

practices and the use of IP information.R&D investment RMB 10000 4799.40

Intellectual Property Training

Proportion of R&D investment to operating

%4.17

revenue

Industry-Academia-Research Cooperation Number of R&D personnel Person(s) 119

Proportion of R&D personnel % 10.85

The Company leverages platforms such as provincial-level postdoctoral workstations and municipal-level enterprise technology

R&D centers to collaborate with leading universities and research institutes thereby accelerating the commercialization of scientific

and technological achievements. With a strategic focus on new energy materials and energy storage devices the Company has Key Performance

established postdoctoral research stations to facilitate the translation of research outcomes into practical applications and to support

the joint development of high-caliber talent. These efforts effectively enhance the Company's independent innovation capabilities.As of the end of the reporting period the Company held a total of 181 valid granted patents including 144

Case Engagement with the Plasma Science and Technology Conference – Strengthening Industry Connectivity

domestic patents ( 64 invention patents and 80 utility model patents ) and 37 overseas patents.In August 2025 the R&D department of Guangxin Nano a subsidiary of the Company attended the 22nd National Confer-

ence on Plasma Science and Technology. The conference was jointly organized by multiple academic societies and host-

ed by the Southwestern Institute of Physics of the Nuclear Industry. It showcased domestic achievements and the latest

progress in plasma science and technology over the past two years explored opportunities and challenges in the field

and served as a bridge connecting academia interdisciplinary research and industry. The Company's representatives ac-

tively participated in academic exchanges gaining timely insights into cutting-edge technological trends and broadening

R&D perspectives. They also accumulated industry resources to help link plasma-related technology development with

industrial applications thereby fostering technological innovation and integrated industry growth.

39 40Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Data Security and Customer Privacy Protection

The Company has established internal policies including the Network and Computer Management System Electronic Data Security

Management Measures and Data Breach Incident Management System to support our data security and customer privacy protection

framework. For emergency scenarios involving data security incidents the Cybersecurity Emergency Response Mechanism has been Data Breach Reporting

implemented to standardize the handling of network and information security anomalies during crises safeguarding the interests of

both the enterprise and our clients. Report Content: The report must specify the classification level quantity and medium of the leaked

The Company has implemented a comprehensive data security protection system adopting strict measures across network access information as well as the time location process and severity of the incident along with remedial

perimeter protection data encryption and process management including multi-layer backup systems granular access control file measures already taken or planned.encryption protocols and digital watermark tracking capabilities. Through advanced network security appliances and data management Reporting Deadlines:Top Secret incidents must be reported immediately; Secret incidents must be reported

systems the Company effectively mitigates risks of external attacks and internal data breaches. within 8 hours; Confidential incidents must be reported within 24 hours.Data Disaster Recovery Backup Special Cases:If the classification level is unclear or disputed it shall be determined in accordance with the

Classification Management Measures. Individuals who conceal incidents or obstruct investigations will be

The Company regularly performs cold backups of core service data. Local data services are held accountable while whistleblowers who provide substantive contributions will be rewarded.configured for high availability and additional encrypted off-site backups are deployed to

ensure data integrity and business continuity in the event of a disaster.Network Boundary Protection Data Breach Investigation

Investigation Initiation:The Confidentiality Committee shall immediately form an investigation team and conduct

Enterprise-grade traffic auditing and protection systems with third-party support are deployed the investigation following the principles of "seeking truth from facts and handling matters according to law".at network boundaries. These systems use multi-layer protection and intrusion detection

mechanisms to parse and audit boundary traffic in real time reducing the risk of intrusion. Investigation and Handling:The investigation shall identify the content form quantity and impact of the breach

as well as the responsible parties. Remedial measures shall be taken and improvement actions proposed. Cases

involving violations of the Criminal Law shall be referred to judicial authorities while non-criminal cases shall be

handled in accordance with the Company's Confidentiality Reward and Penalty Policy. The Confidentiality Office

Tiered Control and Distribution Restrictions shall complete the Trade Secret Breach Investigation Report and submit it for review.Data is classified into four levels of secrecy: Public Confidential Secret and Top Secret. Access Case Closure:A case may only be closed or terminated after confirmation by the Company's Confidentiality

rights are strictly controlled: lower-level classifications cannot access higher-level classifications Committee.and access to data within the same classification is limited to authorized personnel only. Encrypt-

ed data may not be distributed without authorization and must go through a defined authenti-

cation and decryption process. Decrypted files are subject to special handling to ensure unique-

ness facilitating subsequent traceability and investigation. Data Breach Handling

Data Security Protection Measures

Key Performance

The Company implements a strict "immediate reporting per incident" policy for all potential confidentiality breaches

including unauthorized disclosures leaks or theft. Upon discovering any such incident the responsible personnel During the reporting period the Company did not experience any major data security failures or customer privacy

must promptly report the factual details to both their department head and the Confidentiality Office without delay breaches.while completing the required Trade Secret Breach Incident Report Form. Concealing incidents or attempting unauthorized

remediation before official reporting is expressly prohibited.

41 42Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Supply Chain Security Supply Chain Risk Management

To further strengthen supply chain security and stability the Company has implemented a comprehensive risk identification and

The Company is committed to establishing stable and mutually trusting relationships with our supply chain partners. Through our assessment mechanism that covers all procurement stages. The Company conducts regular internal control risk identification and

Supplier Management and Procurement Control Procedure we have developed and standardized a sustainable supply chain system evaluation for key procurement processes - including raw material purchasing supplier qualification contract management and

to ensure supply chain security and stability. At the same time we actively encourage our partners to adhere to business ethics working inspection/payment - in accordance with the Procurement Cycle Internal Control Risk Assessment Form. Through systematic analysis of

collaboratively with both upstream and downstream partners to fulfill shared responsibilities and achieve mutual benefits. potential risks in procurement processes - including compliance quality delivery and cost considerations - the Company continuously

optimizes our procurement management procedures by incorporating risk-level assessments and control measure recommendations.This approach enhances proactive risk prevention and operational effectiveness ensuring both stable raw material supply and

Key Performance standardized purchasing decisions thereby providing robust support for product quality and on-time delivery.Dynamic Supplier Assessment

As of the end of the reporting period: Total number of suppliers170; Supplier localization rate: 46.5%;

The Company implements dynamic supplier assessments. We conduct annual rating and scoring of suppliers and prepare

Proportion of suppliers that signed the Anti-Commercial Bribery Agreement: 71.76%. a Supplier Evaluation Form to assess suppliers' sustainable development capabilities mitigate risks and enhance supply

chain security and stability.Supplier Evaluation

Dynamic Management Measures

Classification Dimensions

Supplier Management

Tier 1 Suppliers Priority procurement with potential for increased order volume.Quality Status

The Company has established a robust supplier quality management and evaluation system to rigorously ensure raw

Delivery Status Corrective actions required and effectiveness verified before material quality. New suppliers must pass due diligence sample testing and small-batch trial production. Only after a Tier 2 Suppliers

normal procurement resumes.comprehensive evaluation are they included in our procurement scope. We conduct annual comprehensive evaluations

Service and

of existing qualified suppliers maintain supplier assessment records dynamically update our qualified supplier list and

Environmental Corrective actions required and results verified. Based on

promptly remove non-compliant suppliers. Tier 3 Suppliers Quality outcomes we determine follow-up measures which may include

normal procurement reduced procurement or suspension.Supplier Due Diligence Sample Testing and Small-Batch Trials Supplier Evaluation Price Level

Tier 4 Suppliers Classified as non-compliant suppliers. Procurement is terminated.We collect comprehensive The Quality Department eval- After a comprehensive eval-

information on potential sup- uates samples and issues test uation by our Procurement Supplier Assessment

pliers and prepare the New results followed by small- Department Quality Depart-

Supplier Approval Form. A batch trial production to ver- ment and R&D Department Sustainable Procurement

multi-dimensional evaluation ify compliance with required the General Manager is re-

is conducted covering aspects standards. sponsible for approving qual- The Company has established a sustainable procurement management system structured around a closed loop of prevention

such as pricing supply capacity ified suppliers. termination and remediation. Prevention: We have revised our procurement policies and contract terms to explicitly include suppliers'

quality management systems ESG performance (e.g. environmental compliance labor rights workplace safety) as core criteria for qualification evaluation and

geographical proximity and renewal. This approach helps mitigate potential risks at the source. Termination and Remediation: For suppliers involved in severe

service levels. human rights violations or environmental damage we will initiate procedures to terminate the business relationship. For adverse impacts

that have already occurred we have established a grievance and remediation mechanism. Through consultation with affected parties

(e.g. communities employees) we provide fair remedial measures such as compensation environmental restoration and institutional

reforms to mitigate harm. At the same time we deepen integrity collaboration with our suppliers by signing the Anti-Commercial Bribery

Agreement and establishing feedback and whistleblowing channels. We extend ethical governance throughout the supply chain striving

Supplier Admission Process to build a transparent compliant and shared-responsibility sustainable value chain.

43 44Safeguarding the Green

Environment

The Company integrates green and sustainable development throughout all of

our operations. We strengthen our foundation through regulatory compliance and

system certifications and we have established a systematic framework that covers

environmental compliance energy management pollution prevention and resource

utilization. This is achieved through technological innovation and environmental

investments enabling clean production and efficient resource use. We proactively

fulfill our environmental responsibilities and promote long-term synergy among

compliance risk control and ecological benefits.Our Actions:

* Environmental Compliance * Pollution Prevention and

and Ecosystem Protection Control

* Addressing Climate Change *W aste Management

and Energy

* Resource Utilization and

Circular EconomyOpening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Environmental Compliance and

Ecosystem Protection

Monitoring

The Company consistently adheres to environmental compliance as our baseline. We have established a systematic management Monitoring Content Exception Handling

Area

framework that covers institutional development environmental control and emergency response across all of our operations. We

strictly adhere to national environmental regulations and strengthen standardized operations through system certifications and

environmental impact assessment (EIA) mechanisms. We systematically promote clean production risk prevention and coordinated Regular monitoring of pollutant emissions When exceedances or abnormalities

emission reductions across our value chain achieving synergistic development of economic social and environmental benefits. Pollutant (wastewater exhaust gases solid waste and noise) are detected we investigate the root

Emission through a combination of outsourced and in-house

Environmental Compliance Management causes and implement corrective Monitoring monitoring. Monitoring instruments are uniformly actions.managed and calibrated.The Company strictly adheres to national laws and regulations and upholds the principle of "comprehensive planning rational

layout integrated utilization and environmental protection" to systematically build our environmental management system. We

If health issues are identified we

have established the Environmental Protection Management Regulations and Operating Procedures which define our management Monitoring of Regular occupational health monitoring for make timely job adjustments.objectives responsibilities emergency mechanisms and performance evaluation and reward systems. The Company has also obtained Occupational employees based on the risk profile of their Confirmed occupational diseases

ISO 14001 certification for environmental management. Through institutionalization and systematic development we are committed to Health and positions. are reported as required and we

ensuring compliant operations promoting clean production and mitigating environmental risks ultimately achieving the coordinated Safety facilitate necessary treatment.development of economic social and environmental benefits.The Company has established implemented and published our QES Integrated Management Manual along with a corresponding

list of secondary procedural documents. We have identified relevant personnel and their responsibilities set forth requirements for Monitoring of Implementation of established environmental and

establishing and continuously improving our environmental management system and ensured full compliance with all applicable Uncompleted tasks require root Objectives safety objectives targets and management plans is

environmental management system requirements. cause analysis. Major changes Targets and tracked and evaluated through departmental self- to plans must go through formal

Management assessments and periodic reviews by the competent approval procedures.Plans authority.Comprehensive monitoring of management system

System document execution policy implementation For any non-conformities identified

Operation and accident and safety inspections is conducted we develop corrective actions and

Monitoring through self-checks spot checks internal audits track them through to resolution.and management reviews.Environmental When non-compliant behaviors

Behavior As needed we evaluate the environmental are identified we require the

Monitoring compliance of relevant parties and provide relevant parties to rectify them

of Relevant feedback on the results. within a specified timeframe.Parties

Environmental Monitoring Process

Note: ISO 14001 EMS Certificate

47 48Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Environmental Emergency Management

Case Emergency Drill for Liquid Nitrogen Leak

The Company places high importance on emergency management. We have established a clearly hierarchical and well-defined

organizational structure supported by comprehensive emergency training systems. Through regular practical drills we test the feasibility

of our emergency plans and enhance our team's response capabilities. These efforts enable us to comprehensively prevent various In June 2025 the Company organized a multi-department emergency team to conduct a comprehensive

safety and environmental risks ensuring personnel safety and stable production operations. leakage drill in the liquid nitrogen storage tank area. The drill simulated a pipeline flange leakage scenario.Each team completed the full response process according to our emergency plan including alert activation

Emergency Command Center (Highest Command Level) valve closure leak sealing personnel evacuation and frostbite first aid. Through this practical drill we

effectively validated the feasibility of our emergency plan and team coordination capabilities. Employees'

Accident Emergency Communication Emergency Technical

Evacuation and Medical Aid emergency response and protective skills for cryogenic hazards were improved. We also developed corrective

Handling Rescue Support Monitoring Support

Security Team Team measures to address identified shortcomings thereby strengthening production safety.Team Team TeamTeam Team Team

Be responsible Be focused Be responsible Provide logistical

for accident on accident for restricted support including

Offer technical

Be responsible for Provide solutions and

investigation source zone communication on-site treatment environmental

aftermath control demarcation material

professional

of injured monitoring data

personnel allocation advice for handling personnel personnel and at the accident

and public rescue evacuation and medical

emergency

hospital transfer site

information and initial and rescue coordination for

rescue and

coordination

release firefighting route all operational

accident

guidance units investigation

Emergency Management Organizational Structure of the Company

The Company adopts a training model that combines classroom instruction comprehensive discussion and on-site explanation. We

tailor differentiated training content for different roles ensuring comprehensive coverage of emergency knowledge and skills. This

approach strengthens our foundation of emergency management talent and enhances overall emergency preparedness across the

workforce.Training Target Training Content

Environmental pollution accident reporting procedures emergency response methods

Plant Operators escape techniques personal protective equipment (PPE) usage basic first aid Photo of the Emergency Drill for Liquid Nitrogen Leak

operations and emergency evacuation procedures

Emergency Rescue Professional skills: emergency rescue procedures firefighting techniques protective

equipment operation and casualty rescue methods; Command coordination and inter-

Personnel Key Performancedepartmental collaboration in environmental pollution accidents

During the reporting period the Company's environmental protection investment amounted to

Importance of emergency response accident reporting methods escape and

All Employees evacuation routes basics of personal protection and emergency rescue reward and RMB 2688600.penalty system

Emergency Training System

49 50Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Addressing Climate Change and Energy Management Dimension Core Actions

The Company consistently regards energy management and green energy conservation as core sustainability measures. We have built a Planning After approval the annual energy plan is broken down into monthly targets alongside

systematic end-to-end energy management system. Through institutional controls technological innovation project implementation and Quota establishing energy consumption quotas. The production department manages energy

and compliance gap-filling we achieve the multiple objectives of efficient energy utilization and low-carbon emission reduction. These Management balance and load scheduling with assessment based on meeting these quotas.efforts actively advance the development of green factories and support the nation's "carbon peaking and carbon neutrality" goals.Energy Management Categorized In electricity usage avoid idle operation and unnecessary lighting control air conditioning

Energy rationally and promote energy-saving technologies; in oil gas and steam usage appoint

Management dedicated personnel for management ensure pipe insulation and prevent leakage. Waste oil is

The Company implements the Energy Management System which focuses on energy conservation reducing consumption and Control recycled. For raw materials prioritize eco-friendly materials and increase utilization efficiency.and improving economic efficiency. A dedicated energy conservation and emissions reduction team has been established

to manage the procurement and consumption of energy sources such as electricity water and compressed air. Key Establish a hierarchical metering system; ensure metering instruments are installed according to

initiatives include quota management system-based classification and control energy efficiency inspections and regular Measurement standards and calibrated regularly; assign dedicated personnel for meter reading and maintain

meetings performance evaluations and the promotion of energy-saving technologies. This system is supported by a and Data energy consumption records and files. Regular energy analysis meetings are held to communicate

mechanism for rewards penalties and educational outreach creating a comprehensive energy management framework. Management energy consumption data and inspect quota implementation.Organization Core Responsibilities Assessment Assessments are based on quota completion; rewards are given for significant energy

and

savings while economic penalties are imposed for violations of energy usage rules and

Rewards/

wasteful practices.Penalties

General Manager Communicate national energy policies coordinate the Company's energy efforts; preside

in Charge over the Energy Conservation and Consumption Reduction Management Committee

meetings; check the implementation of systems. Energy-Saving Promote advanced technologies and equipment for energy-saving in electricity oil and

Technology water; encourage the application of new materials and processes to continuously improve

Promotion energy efficiency.Energy Conservation and Under the leadership of the General Manager in charge of energy approve energy-saving

Consumption Reduction measures discuss energy policies and check the implementation of the energy-saving Energy Management Measures

Management Committee reward and penalty system.Under the leadership of the General Manager in charge and the Deputy Technical

Energy Office Director be responsible for overall energy management and assessment; compile

energy reports; execute energy policies.Led by workshop supervisors be responsible for implementing energy

Workshop Energy management regulations formulating energy-saving plans and promoting energy-

Conservation Team saving technologies.Team Energy Assist team leaders in completing energy-saving tasks; enforce energy

Conservation Personnel conservation systems; report on energy-saving activities.Energy Management System Energy Management System Certificate

51 52Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Green Energy Case User-side Energy Storage Project

The Company focuses on the clean and efficient development of energy with electricity as the core energy carrier. We are actively In 2025 Guangxin Nano a subsidiary of the Company constructed a user-side energy storage project to

advancing green energy projects such as distributed photovoltaic systems and user-side energy storage. By complying with promote its green and low-carbon transformation. The project was registered and connected to the Zhejiang

green certificate transactions we offset the energy consumption demands brought by facility expansion. This helps establish Province Electrochemical Energy Storage Management Platform in December. The installed capacity of the

a diversified energy management model of "self-generated and self-consumed green electricity supplementation and energy project is 1 MW using 380V low-voltage grid connection and a "peak shaving and valley filling" strategy. The

storage peak shaving" thereby steadily driving the Company's green and low-carbon transformation. annual electricity production is about 730000 kWh with all stored power used internally. This project saves

approximately RMB 500000 annually and significantly improves energy utilization efficiency.Energy Usage Unit 2025

Gasoline Liter(s) 14977.86

Diesel Liter(s) 4586.65

LPG m3 4707.65

Electricity MWh 153813.81

Total purchased electricity MWh 112164.87

Self-generated renewable electricity MWh 3746.44

Clean energy usage MWh 3746.44

Clean energy usage percentage % 3.34 Photo of New Project Plant

Including: solar energy MWh 3746.44

Including: solar energy proportion % 100 Case Carport Photovoltaic Project Supports Clean Energy Substitution

Data Scope Explanation:

1. Electricity and total purchased electricity data covers operational sites including the Company and the Company's In 2025 the Company's energy-saving renovation team completed the construction and grid connection of

subsidiaries Guangxin Nano and Ningbo Guangqian Electronic Material Co. Ltd.; a distributed photovoltaic system. The installed capacity of the project is 0.38 MW with an annual electricity

2. Gasoline diesel liquefied petroleum gas self-generated renewable electricity clean energy usage solar energy and generation of approximately 400000 kWh. All green electricity generated is used for the daily operations of

solar energy proportion cover operational sites including the Company and the Company's subsidiary Guangxin Nano. the plant. This project saves around RMB 300000 in electricity costs each year and indirectly reduces carbon

dioxide emissions by approximately 230 tons. It effectively increases the proportion of clean energy used in

the plant and provides a viable path for achieving the national "carbon peaking and carbon neutrality" goals.During the reporting period

the Company's subsidiary Guangxin Nano used photovoltaic-generated electricity Greenhouse Gas Emissions Unit 2025

for5.3%， GHG emissions (Scope 1) tCO2e 141.197of its total energy consumption. The total self-generated photovoltaic electricity GHG emissions (Scope 2) tCO2e 77712.275

was2722.94MWh and the Company purchased10000MWh ， Data Scope Explanation:

1. During the reporting period the operational sites covered by greenhouse gas emissions included the Company and its subsidiary Guangxin Nano. Compared with

of green certificates effectively reducing greenhouse gas emissions the previous year the statistical scope was expanded to include the Company's headquarters and production at some factories increased. As a result GHG emissions

data showed an increase.by6750.79tons of CO2 equivalent (tCO2e). 2. The emission factors for Scope 1 GHG emissions are based on the default values in Table 2.1 of Appendix II of the Guidelines for Accounting and Reporting

Green Power Certificate Trading Voucher Greenhouse Gas Emissions from China Electronic Equipment Enterprises (Trial).

3. Scope 2 GHG emissions are calculated with reference to the national average carbon dioxide emission factor for electricity published in the Announcement on the

Release of Carbon Dioxide Emission Factors for Electricity in 2023 by the Ministry of Ecology and Environment and the National Bureau of Statistics.

53 54Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Pollution Prevention and Control Waste Gas Management

The Company has established a classified disposal mechanism for various types of wastewater and exhaust gases The Company implements a tiered and classified control system for waste gases generated during production utilizing

generated during production and operations. We strictly comply with regulations such as the Law on the Prevention methods such as collection and purification sealed operations and anomaly response measures. Additionally we

and Control of Water Pollution of the People's Republic of China and through process optimization efficient treatment establish measurable emission indicators to ensure continuous compliance with environmental protection standards

facilities and emergency control measures we achieve stable compliant pollutant emissions. This significantly reduces driving continuous improvement in environmental performance.the impact of production and operations on the surrounding environment.Waste Gas Treatment and Emission Management

Wastewater Management Category Specific Content

The Company implements a classification and tiered management system for all types of wastewater generated during

production and operations. By combining reuse after sedimentation tiered utilization and treatment via pipeline network

we achieve water recycling and compliant disposal. We continuously track environmental performance using quantified Organized Pre-collected by manifold collectors and deeply treated using bag

discharge data effectively managing water-related environmental impacts. Exhaust Gas filters with continuous emissions

Wastewater Classification and Treatment Process

Wastewater Type Management Method

Unorganized Mechanical ventilation in workshops sealed operations during

Equipment Primary and secondary sedimentation in sedimentation tanks reused Exhaust Gas packaging processes to reduce dust emissions

Cleaning Water as floor cleaning water

Floor Cleaning Processed equipment cleaning water and supplementary clean wastewater are If a bag filter is damaged (removal efficiency drops to 80%) regular

Water treated in sedimentation tanks and then reused in a closed-loop system Abnormal checks and maintenance are conducted backup equipment is

Emission

provided and immediate shutdown and repair take place after an

Response

accident to ensure emissions meet standards

Domestic Pretreated in the factory's septic tank then connected to a sewage

Sewage treatment plant for further processing

Clean Some water from the cooling system is reused for floor cleaning and Waste Gas Emission of Guangxin Nano (Subsidiary of the

Wastewater the excess is discharged as clean wastewater Unit 2025Company)

Total exhaust emission 10000 m3 57600

Wastewater Discharge Data for Guangxin Volatile organic compounds (VOCs) emission kg 2963

Nano (Subsidiary of the Company) Unit 2024 2025

Particulate matter (PM) emission kg 2462

Total wastewater discharged 10000 m3 0.89　 0.84

Including: total industrial wastewater 10000 m3 0 0

Including: total domestic wastewater 10000 m3 0.89 0.84

Chemical oxygen demand (COD) Ton(s) 0.36 0.36

Ammonia nitrogen content (NH3-N) Ton(s) 0.02 0.02

55 56Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Waste Management

Waste Disposal Process

The Company has established a closed-loop control system for waste and chemical management covering responsibilities

full-lifecycle processes systematic monitoring and quantified targets. Through process standardization and quantified

monitoring we continuously enhance the levels of reduction resource utilization and compliance effectively managing Storage Point Three dedicated storage points (areas) for different types of waste with

environmental risks. Setup clear labeling.Storage Special

Governance Requirements for Storage points must be located away from production and living areas; and Daily Hazardous Waste hazardous waste prone to chemical reactions must be isolated.Management

Daily Waste is cleaned daily from storage points and transferred to designated In accordance with the Waste Management Procedure the Company has established a multi-tiered waste management system

centralized storage areas for further sorting or disposal.that covers training supervision and on-site execution. Specific responsibilities for each step of the waste disposal process are Cleaning

clearly defined forming a systematic management mechanism with functional departments coordinating with production units.General Centrally stored at designated locations and handled by contracted waste

Waste Disposal Responsibility Allocation Waste management companies for disposal.。

Disposal Collected labeled and classified for storage; coordinated with recycling

Department Core Responsibilities Recyclable

Process Waste companies for disposal.Be responsible for staff training to ensure employees understand waste identification

EHS Department hazards and disposal methods; be responsible for waste collection classification Hazardous Pre-treatment—stored in dedicated bins/containers—then stored in

labeling and disposal in office areas. Waste hazardous waste warehouses. Disposal is contracted with certified

disposal units under clear agreements.Production Oversee the collection classification labeling and disposal of waste at production

Planning Center sites; manage the recycling of waste bins. General Disposal Waste is disposed of by licensed waste management companies. The EHS

Requirements Department coordinates with recycling companies for disposal.Production Be responsible for the collection classification labeling and disposal of waste General

Workshops during production. Requirements Based on environmental factors the Company compiles a Solid Waste Inventory; Record

Management technical and R&D departments are responsible for registering recyclable and and Record hazardous waste disposal completing Solid Waste Disposal Record Form.Analysis

Strategy Statistical Regular analyses are conducted based on waste statistics to enhance the Analysis management of recyclable waste reduce pollution and save resources.Guided by a lifecycle management approach the Company has built an integrated system for managing waste chemicals

and hazardous substances. This system incorporates elements such as classified storage process standardization record Case Nickel Powder Particle Size Adjustment Process Development Project

tracking and emergency drills covering every stage of procurement usage and disposal. This ensures comprehensive

risk management and continuously strengthens our environmental management foundation. Guangxin Nano a subsidiary of the Company adjusted the particle size classification of raw nickel powder

Waste Disposal and optimized its classification technology achieving a significant improvement in the classification yield of nickel powder at target specifications and developing a mature replicable technical solution. Through

multiple rounds of pilot-scale verification this process has been shown to optimize product structure reduce

The Company has established a closed-loop management system that covers the entire process of waste storage disposal output in product categories with lower market demand and decrease waste powder generation and raw

and record analysis. By setting up designated storage points applying differentiated disposal paths tracking records material resource consumption thereby simultaneously delivering multiple benefits in process technology

and analyzing data we ensure that all types of waste are properly controlled and utilized as resources. This reduces advancement product structure optimization and efficient resource utilization.environmental risks and promotes waste reduction and resource circulation.

57 58Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Nickel Powder Liquid-Phase Classification and Recovery Technology Enhances

Case

Resource Utilization

To improve nickel powder utilization Guangxin Nano successfully developed a liquid-phase classification and

recovery technology which has already been industrialized. This technology efficiently recovers 300nm and

80nm nickel powder waste (BS powder) generated during production using physical dispersion and liquid-

phase separation processes to recover products with qualified particle size. This has not only significantly

improved the yield of finished products of the corresponding specifications but also alleviated the pressure

of waste powder inventory. The mature process has now been handed over to the production department.The next step for the R&D team is to focus on developing recovery processes for 120nm and 180nm nickel

powder (BS powders) aiming to create a technology system for recycling waste powders of all specifications.Hazardous Chemicals Treatment Hazardous Substance Lifecycle Managemen

The Company has established a systematic management system covering the entire process of procurement storage The Company has established a systematic management system for chemicals that covers procurement storage use transportation

issuance use and disposal of chemicals. Through qualification verification standardized operations and closed-loop disposal and emergency response. Through qualification checks standardized operations compliant disposal and emergency drills

disposal we effectively control environmental and safety risks associated with hazardous chemicals. we achieve preventive controllable and closed-loop management of hazardous substances from source to end.Full-process Chemical Management Hazardous Substance Lifecycle Management

Management Stage Core Requirements Management Stage Core Requirements

Departments submit applications; verify supplier qualifications chemical quality Strictly review supplier and transportation unit qualifications retain certification

Procurement and labeling; confirm transportation unit and personnel qualifications; sign safety Procurement documents; clearly define packaging labeling and protection requirements for

management agreements. hazardous substances to ensure compliance with safety standards.Inspect and register before storage in warehouse; notify the Quality Department for

Warehouse- Store in designated warehouses/sites/containers with necessary safety features inspection before use; handle with care during loading and unloading to prevent dropping; like ventilation explosion-proof fire-proof anti-lightning and anti-permeability

in/-out use protective equipment for corrosive chemicals and explosion-proof tools for flammable Storage systems; incompatible hazardous substances must be stored separately; hazardous

chemicals; conduct regular inspections after storage in warehouse. waste must be stored away from production and living areas; post warning labels

Store in dedicated warehouses or storage rooms (cabinets) managed by designated and prohibit smoking or open flames.Storage personnel; equip ventilation explosion-proof fire-proof and other necessary facilities by

type; store incompatible materials separately; no smoking or fire is allowed inside. Ensure operators wear protective gear and follow procedures; inspect containers

Use before and after use; prevent spillage or leakage; provide fire-fighting equipment

and emergency supplies in the working area.Issuance Approval system; approved by the workshop director or above; limit issuance to daily usage quantities; ensure personal protection during issuance avoid direct contact.Transportation/ Handle carefully avoid impact or dragging; do not mix incompatible substances; take

Handling heat and moisture protection measures for reactive substances; transport internally Handle with care avoid impact or dragging; do not mix incompatible chemicals

Transportation away from high-traffic areas and entrust qualified external transport units.during transport; take heat and moisture protection measures for dangerous

& Handling goods; activate emergency measures for abnormal conditions. Hazardous waste to be disposed of by qualified units under signed agreements;

Disposal classify and store materials with proper registration; maintain disposal records and

Follow operating procedures and wear protective gear; inspect containers before transfer forms; dispose of containers and residual materials following hazardous

Use and after use; strictly prohibit spillage dumping or leakage. waste management procedures.Provide leakage emergency supplies and firefighting equipment; develop emergency

Waste Disposal Follow the Waste Management Procedure; collect waste chemicals uniformly and

Emergency

Response response plans and conduct at least two drills annually; immediately cut off the entrust qualified disposal units. pollution source collect pollutants and hire third-party monitoring post-incident.

59 60Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Impact Risk and Opportunity Management Resource Utilization and Circular Economy

Based on the Law on the Prevention and Control of Environmental Pollution by Solid Wastes of the People's Republic of

China and the Standard for Pollution Control on Hazardous Waste Storage combined with the Company's production

processes various environmental and safety risks are identified. The Company has established a systematic waste The Company has established a systematic control framework for water and material resources leveraging tiered measurement

monitoring system that covers daily inspections and emergency responses. process control and recycling initiatives to promote cascading water use. Additionally through stringent supplier reviews

incoming inspection processes and packaging recycling mechanisms the Company implements a comprehensive green

Waste Monitoring Management material management system continuously enhancing resource efficiency and environmental performance.Monitoring Stage Core Monitoring Requirements

Water Resource Utilization

Hazardous Waste Temporary Daily checks of container seal integrity label completeness; visual inspection and

Storage Warehouse simple detection tools to check for leaks and abnormal volatilization.The Company has developed a water resource management system encompassing water use norms metering quotas

Waste Classification Weekly checks of classification accuracy; monitor for odors and leachate; record and facility management. By employing tiered measurement process control and recycling the Company advances

Storage Points inspection results. cascading water usage and efficiency improvements. Additionally innovative approaches such as external water reuse

help continually reduce the intensity of water consumption.Third-Party Track monitoring reports before and after disposal; verify disposal effectiveness and

Disposal process compliance with pollutant discharge standards.Water Resource Management Process

Initial checks every 1 hour then every 2 hours once pollution control is in place

Accident Scene until two consecutive results are compliant; use portable instruments for quick Management Level Management Measures

assessment of pollution range followed by precise laboratory analysis.Monitoring Real-time feedback to the emergency command center for decision-making on leak

Data Application sealing bundling and personnel evacuation.*Prohibit continuous water flow or drainage eliminate non-production water

Data All monitoring data is included in the Solid Waste Disposal Record Form and the waste; ensure water is turned off immediately after use to prevent overflow.Water Use

Recording Emergency Monitoring Record Form. Norms & *Regularly inspect water supply pipelines valves and faucets; report and repair

leaks promptly to eliminate wastage.Exception If data exceeds standards immediately activate emergency response plans Conservation *Separate metering for production and domestic water use; unauthorized external

Handling including pollution remediation expanding the warning range etc. Requirements transfer of tap water is prohibited.Traceability Regularly summarize and analyze monitoring data to identify high-frequency *Implement wastewater reuse rainwater cascading and increase the rate of water

Optimization pollution risk points. recycling; store water in recovery ponds and reservoirs at night for standby use.Indices and Goals *Establish a three-tiered metering system: primary (company) secondary

Metering (workshop) and tertiary (equipment/process); separate metering for production

& Quota and domestic water use.During the reporting period the Company achieved its 100% waste disposal rate target. Management *Develop annual water use plans and per-product water consumption quotas

broken down by workshop/month for execution. Rewards for meeting quotas and

penalties for wastage.Waste Indicators for Guangxin Nano (Subsidiary of the

Unit 2025

Company)

Total waste generated Ton(s) 315.20 *Any new installation removal or renovation of water supply facilities shall

be submitted for approval by the energy management department before

Including: total hazardous waste Ton(s) 10.49 Facility & construction and documented upon completion.Including: total non-hazardous waste Process *Clearly assign management responsibility for dedicated facilities such as fire Ton(s) 304.71

Management hydrants and deep-well pumps and conduct regular inspection and maintenance.Total recycled/reused waste Ton(s) 304.71 *Store water as a reserve to ensure a stable supply for production during peak

water usage periods.Waste recycling rate % 96.6

61 62Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Case Introducing External Reclaimed Water to Achieve Water Savings and Cost Reduction Green and Circular Materials

In September 2025 Guangxin Nano a subsidiary of the Company

The Company has established a full-process control system for green material management covering supplier audits

actively responded to the Ningbo Municipal Government's water

incoming inspection and packaging recycling. Strict quality inspections are implemented for raw materials and packaging

resource recycling policy by engaging with the Ningbo Water

materials while the recycling and reuse of packaging materials are systematically promoted achieving coordinated

& Environment Group to introduce external reclaimed water.improvement in source quality control and end-of-life resource circulation.After sampling and testing confirmed that the water quality met

requirements the Company completed pipeline installation and Municipal reclaimed water

officially commenced water supply at the end of November using Promotion Directions for Packaging Material Recycling

reclaimed water as a substitute for tap water in cooling tower 1101 tons

replenishment. During the reporting period a total of 1101 tons of Promotion Level Specific Measures

reclaimed water were used.Recycling System Identify recyclable packaging material categories delineate recycling areas and 01 Setup storage standards and establish a process of “department collection – R&DDepartment transfer – EHS Department disposal”.Unit 2025

Simplify recycling steps establish a recycling ledger define responsibilities at

Total water consumption Ton(s) 402195 Recycling Process 02 each stage and statistical cycles ensuring traceability and quantifiable data in the Optimization

recycling process.Total net freshwater consumption Ton(s) 401094

Engage compliant recycling partners sign long-term recycling agreements prioritize

Partnership Channel

Municipal reclaimed water Ton(s) 1101 03 Expansion the reuse of intact packaging and reduce new packaging procurement costs.Data Scope Explanation:

04 Internal Management Conduct employee training set recycling performance indicators and incorporate The data in this table cover operational sites including the Company and the Company's subsidiaries Guangxin Nano and Strengthening recycling performance into departmental KPIs to enhance employee participation.

Ningbo Guangqian Electronic Material Co. Ltd.Promote the internal reuse of intact packaging materials optimize packaging

05 Resource Circulation Enhancement selections during procurement and prioritize recyclable and easily recoverable

packaging types.Regularly collect recycling data analyze recycling rates and cost savings and

06 Effectiveness Evaluation dynamically optimize recycling categories partnership channels and performance and Improvement

indicators.Key Performance

During the reporting period the packaging material recycling rate was

7.90%

63 64Employees Share in

Development Achievements

The Company comprehensively protects employees' legal rights and interests

systematically empowers employee training and career development strictly

upholds occupational health and safety standards and actively engages in rural

revitalization and community development. It has built a multi-dimensional

collaborative responsibility implementation system achieving win-win value for the

Company and its stakeholders while demonstrating its corporate social responsibility

through concrete actions.Our Actions：

* Employee Rights and Benefits * Employee Growth

* Occupational Health and Safety * Empowering SocietyOpening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Employee Rights and Benefits

Key Performance 157 Person(s) 253 Person(s) 154 Person(s)

female over 50 below

years old 30 years old

The Company regards its employees as core value partners and has established a full-chain employee rights protection system. The

Company strictly complies with laws and regulations in its employment practices always viewing employees as assets for the Company's By gender By age

sustainable development. It has established a sound compensation and benefits system and is committed to providing open platforms 690 Person(s)

for democratic communication fostering a diverse environment and fully activating internal motivation. 940 Person(s)

aged 30-50

Recruitment and Employment male

21 Person(s) 50 Person(s)Talent is the core driving force for the Company's sustainable development. Adhering to the philosophy of “utilizing talents to their 5 Person(s) 10 Person(s)Master's degree Middlefullest potential for shared growth” the Company has formulated policies including the Employee Handbook and Human Resource Doctor Senior management management

Management System. It upholds the recruitment principles of “openness fairness impartiality and merit-based selection” in seeking 124 Person(s) 156 Person(s)

talent from society maintains child labor prohibition and forced labor prevention as core bottom lines eliminates discrimination or Total employees By Bachelor's By

degree Junior

harassment and actively fosters an inclusive open shared and orderly working environment. education position management

Employee Recruitment Process 1097 level level

947 Person(s) 881 Person(s)

01 02 03 04 Person(s) Below Bachelor's General worker degree

Planning Recruitment Submitting Multi-Channel

Needs Employment Requests Recruitment Selection and Hiring Anti-Child Labor and Anti-Discrimination

*The Company determines *User departments *Internal recruitment: *Resume screening

annual operational and complete a Personnel internal referrals internal *Initial interview

development objectives Addition Request Form competitions Prohibition of Child Labor*Second-round

*Departments determine to initiate recruitment *External recruitment: assessment The Company has formulated the Child Labor Prevention Procedures strictly prohibiting the hiring of child labor in any form. Rigorous

annual recruitment plans needs online platforms on- identity verification is conducted during the recruitment and onboarding process. If an employee under the age of 16 is found the *Background check

*Reviewed by department *Approved by the site job fairs campus Company will promptly provide appropriate placement and remedies and implement related responsibilities and safeguards.heads and deputy general department head recruitment headhunting

*Offer of employment

managers in charge *Reviewed by the deputy services etc.approved by the General general manager in Non-Discrimination and Anti-Harassment

Manager charge The Company has formulated the Non-Discrimination and Anti-Harassment Procedures resolutely eliminating all forms of

discriminatory behavior throughout the employee lifecycle and ensuring equal development opportunities for all employees. The

Company implements uniform and strict conduct standards for all employees suppliers customers and any individuals entering

Company premises protecting employees from any form of physical verbal psychological or sexual harassment or abuse.Key Performance Employees may file complaints verbally or in writing to the General Manager or raise complaints during monthly union meetings.Related matters will be promptly investigated with feedback provided.During the reporting period the Company recruited 235 new employees all of whom were on labor contracts.Key Performance

As of the end of the reporting period the Company had a total of 1097employees

6 100% During the reporting period the Company recorded 0incidents of child labor or forced labor and 0 incidents of including employees with disabilities. The social security coverage rate was

employment discrimination.

67 68Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Compensation and Benefits Democratic Management

Based on the differentiated requirements of job roles and work characteristics the Company has established a The Company has incorporated employee expression and rights protection into its corporate governance agenda. It

diversified compensation management system to attract talent. Concurrently the Company continuously improves its has formulated the Whistleblowing and Complaint Management Measures of Jiangsu Boqian New Materials Stock Co.comprehensive employee benefits system demonstrating respect and regard for its employees through concrete actions. Ltd. opened communication channels and continuously improved its democratic management system laying a solid

democratic management foundation for the Company’s stable and long-term development.Employee Compensation Composition Democratic Communication Channels

Performance- Others: Overtime

Base salary based pay pay skill-based Employee suggestion box Regular employee symposiums Dedicated whistleblowing and

pay etc. complaint channel

Employee Satisfaction

Employee Benefits

During the reporting period the Company conducted employee satisfaction surveys covering dimensions such as

Statutory Benefits Living Benefits Special Benefits company management corporate culture work environment and administrative support. Based on the survey data the

Company accurately identified management weaknesses and implemented targeted optimization measures.Social insurance: Meal subsidies “Individualizedpension insurance medical compensation” for high- Key Performance

insurance unemployment Housing allowances: caliber talent:

insurance work-related for eligible employees for talent with master's During the reporting period

injury insurance maternity degrees or above or senior

insurance and housing Travel allowances: professional titles the Company’s employee

provident fund for eligible for business travel satisfaction rate was

employees Special housing allowances

Other benefits: or subsidized rental housing: 93%

Statutory paid leave:

summer benefits high- assistance in resolving

statutory holidays marriage temperature allowances families' employment issues

leave bereavement leave seniority awards holiday

work injury leave maternity the employee turnover gifts and cash gifts etc. rate was In 2025 the Company optimized its talent assessment mechanisms leave and family planning during contract renewal and probationary period conversion processes

leave etc. 9.4% implementing tripartite review meetings for contract renewals and PPT-based performance presentations for probationary period conversion.Throughout the year 25 contract renewal interviews and 22 probationary

period conversion assessments were completed supporting employee

self-development and the Company’s precise identification and

retention of talent.

69 70Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Occupational Health and Safety Strategy

The Company consistently prioritizes employee health and work safety building a robust safety and occupational health

The Company has made employee health and safety a key governance principle establishing a comprehensive control defense line through systematic and regular management practices. The Company coordinates annual role-tailored

mechanism integrating occupational health management and work safety. It continuously strengthens safety assurance health check-ups for all employees providing professional consultation and report interpretation services to achieve

capabilities effectively safeguards employees' rights and interests and supports the Company’s safe healthy and early screening and prevention of diseases thereby comprehensively protecting employee physical and mental health.sustainable development. To strengthen company-wide safety competence the Company conducts a series of activities including awareness

campaigns self-inspections and knowledge competitions centered around core themes such as the annual Work Safety

Governance Month continuously enhancing employee safety awareness and risk identification capabilities. Concurrently through

regular integrated emergency drills the Company continuously optimizes its emergency plans and response procedures.To effectively protect employee occupational health and ensure work safety the Company has formulated policies including the Work

Safety Rules and Regulations and the Occupational Health Management System. A Work Safety Leadership Group has been established Case Conducting Health Check-ups to Protect Physical and Mental Well-being

with the General Manager serving as Group Leader responsible for approving safety management goals. Department heads are

responsible for daily safety management and the EHS Department is responsible for inspecting and evaluating the implementation

of the Company’s work safety efforts. As of the end of the reporting period the occupational health and safety management system In October 2025 the Company coordinated its annual

certifications of the Company and its subsidiary Guangxin Nano remained valid. health check-up program. The check-ups covered all active

employees across various positions with customized

Work Safety Policy check-up packages tailored to the different work

characteristics of office and production roles. Professional

health consultation and examination report interpretation

services were provided. This check-up effectively built a

health protection barrier for employees enabling early

Prevention Comprehensive People- Continuous

Safety First screening intervention and prevention of diseases and

Priority Management Oriented Improvement comprehensively protecting employees' physical and Employee Occupational Health Check-up

mental health.Case Strengthening Skills through Emergency Drills to Fortify the Work Safety Defense Line

In June 2025 the Company conducted a comprehensive fire emergency drill. The drill process included

simulated smoke evacuation standardized simulated alarm calls professional fire rescue operations and

hands-on training with firefighting equipment. This drill enhanced employees' practical skills in fire escape

and equipment use standardized emergency response procedures consolidated the Company’s fire safety

defense line and effectively implemented work safety requirements.ISO 45001 Occupational Health and Safety Management System Certification Certificate Fire Emergency Drill

71 72Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Impact Risk and Opportunity Management Employee Growth

The Company has established a comprehensive occupational health and safety risk control system covering all processes. The Company has integrated talent development into its core development plan establishing clear career development

Through thorough risk object analysis risk event classification risk level grading and the development of a safety pathways. It empowers employee growth through a systematic training system integrates high-quality internal and

risk register the Company systematically identifies various occupational health and production safety risks. In daily external resources to broaden growth opportunities and fosters a caring workplace atmosphere comprehensively

operations the Company focuses on the entire production process conducting monthly systematic safety risk inspections supporting employees in achieving personal and professional advancement while building a solid talent foundation for

covering key areas continuously eliminating hazards and consolidating the safety foundation. the Company’s high-quality development.Indices and Goals Employee Promotion

Occupational Health and Safety Goals

The Company actively builds an open and transparent competitive development system creating clear career

Occupational Health and Safety Goals Completion Status advancement pathways for all employees. It defines core elements such as job families levels and competency grades

Zero personal injury accidents Achieved meeting the growth needs of different employees enhancing talent competitiveness and achieving a win-win outcome for

individual value realization and corporate development.Zero fire and explosion accidents Achieved Employee Promotion Pathways

100% awareness rate of departmental safety risk notifications Achieved Management (M) Professional (P) Sales (S) Functional (F) Worker (W)

Levels

100% pass rate for risk emergency response training AchievedManagement Processional/ Functional (Skills) ）

100% implementation of safety responsibility goals Achieved

M8 General Manager General

100% participation and pass rate for company-wide safety education and Manager

Achieved M7 Deputy General P8 Senior Engineer

training Manager Level

Associate Senior Seasoned Business

100% pass rate for emergency rescue training with drills conducted as M6 Senior Director P7 Engineer S8 Specialist Director

Achieved

planned M5 Director P6 Intermediate S7 Senior Business Engineer Specialist F8 Seasoned Specialist

Level

Occupational Health and Safety Indices M4 Senior Manager P5 Junior Engineer S6 Business Specialist F7 Senior Specialist Manager

Occupational Health and Safety Indices Unit 2025 M3 Manager P4 Senior Technician S5 Seasoned Business Officer F6 Specialist Level

Intermediate Senior Business

Fatalities due to work-related injuries Person(s) 0 M2 Senior Supervisor P3 Technician S4 Officer F5 Seasoned Clerk Supervisor

M1 Supervisor P2 Junior Technician S3 Intermediate Business Officer F4 Senior Clerk

Level

Total work safety investment RMB 10000 100.42

P1 初级技术员 S2 Junior Business Officer F3 Intermediate Clerk

Incidence of occupational diseases % 0 S1 Business Assistant F2 Clerk W3 Senior Worker

Worker Level

Occupational health checkup coverage rate % 100 F1 Junior Clerk W2 Skilled Worker

W1 General Worker

Work safety training hours Hour(s) 21106.5

Number of work safety emergency drills Session(s) 3

Number of participants in work safety emergency drills Person-times 119

73 74Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Employee Training Employee Care

The Company has built a tiered and categorized training system spanning employees’ entire careers covering new The Company integrates employee care into its corporate social responsibility system actively implementing care

employee orientation job skill enhancement and management capability development. Training is delivered through a initiatives for active employees and building emotional bonds through diverse cultural and sports activities thereby

combination of internal and external programs solidifying the talent development foundation. enhancing company-wide sense of belonging and well-being. Concurrently the Company extends its care to employees'

families providing support and assistance to employees in difficulty.Key Performance

Key Performance

During the reporting period

the Company conducted employee training training hours annual training During the reporting period the Company provided assistance to 14 employees in difficulty.a total of coverage rate per employee expenditure of RMB

69 training sessions 98.5% 31.6 hours 15 RMB10000

Case Providing Summer Cooling to Protect Health Fulfilling Responsibility to Unite People

Employee Training Plan Starting in July 2025 the Company continuously

distributed summer heat prevention supplies including

heatstroke prevention medicines salted soda water

It is conducted quarterly or semi-annually to help new employees quickly and cooling oil. This distribution effectively protected

Orientation Training acclimate to the company environment understand job responsibilities and employee health and work safety in high-temperature

master working methods. environments conveyed corporate humanistic care

and strengthened employee sense of belonging and

It is conducted monthly to enhance company-wide safety awareness and cohesion. Concurrently the Company cafeteria provided

Work Safety Training

emergency response capabilities. heat-relieving dishes to meet employees' summer Summer Cooling Initiative

dietary needs.Management Capacity It focuses on inventory management production efficiency tax risk control

Training industry analysis and IP management to strengthen employee management skills.It is tailored to the characteristics of each position to conduct skills proficiency and capability

Skills Training Case Warmth on Women's Day Saluting Women's Contributions enhancement training to strengthen professional knowledge and technical methodologies.It focuses on new product expertise and core technology iteration to deepen team

R&D Technical Training In March 2025 the Company organized a series of

technical expertise and innovation effectiveness. Women's Day care activities for all female employees

including customized holiday gifts and care activities

Preventing Misconduct through Case-Based Warnings Upholding Integrity addressing both physical and mental health needs Case to Protect Public Trust and spiritual and cultural aspirations. These activities

effectively conveyed the Company’s respect and

In October 2025 the Legal Affairs Department of the Company organized specialized training on insider trading. The care for its female employees enhanced their sense of

training focused on the legal definition identification criteria and legal liabilities of insider trading using typical cases belonging and well-being united women’s strength

from capital markets as warnings. This training clarified compliance boundaries enhanced employees’ awareness and solidified the foundation of a harmonious and

of insider information confidentiality and professional ethics and helped prevent capital market compliance risks. inclusive corporate culture. Women's Day Activity

75 76Opening Building a Strong Producing Safeguarding the Employees Share in Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.

Empowering Society

Festival Activities

While achieving its own development Boqian New Materials actively fulfills its responsibilities as a corporate citizen viewing social

contribution as an important part of its long-term value creation. It is committed to giving back its development achievements to

Dragon Boat Festival employees communities and the wider public through various forms of support including education support and community co-

development demonstrating its corporate warmth and responsibility through concrete actions and growing together with the society.During the reporting period the Company's social contribution investment was RMB 50000.Case Sponsoring Local Football Events to Support National Fitness and Community Development

In September 2025 to support the development of local sports the Company actively participated in the

promotion of the “2025 Suqian City Bawang Cup County and District Football League” (referred to as

“Suchao”). The Company provided special sponsorship primarily supporting the equipment training and

competition needs of the Suyu District representative team effectively alleviating the team’s participation

pressure and activating the players' competitive spirit. Ultimately the Suyu District representative team

won the championship with an outstanding performance. This collaboration not only facilitated the smooth

running of the “Suchao” league but also significantly enhanced the Company’s brand reputation in

the local community achieving a positive interaction between sports and corporate development and

contributing to Suqian's national fitness initiative.Mid-Autumn Festival

2025年宿迁市霸王杯县区足球联赛

2025 Suqian City Bawang Cup County and District Football League

77 78Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Conclusion Category Indicator Unit 2025

Female employees Person(s) 157

Key Performance Table Under 30 years old Person(s) 154

30-50 years old Person(s) 690

Category Indicator Unit 2025 Over 50 years old Person(s) 253

Environmental protection investment RMB 10000 268.86 Doctor's degree Person(s) 5

Master's degree Person(s) 21

Electricity MWh 153813.81

Bachelor's degree Person(s) 124

Gasoline Liter(s) 14977.86

Below bachelor's degree Person(s) 947

Diesel Liter(s) 4586.65

Senior management personnel Person(s) 10

Liquefied petroleum gas (LPG) m3 4707.65

Environmental Middle management personnel Person(s) 50

Clean energy consumption MWh 3746.44

Performance

Junior management personnel Person(s) 156

Total water consumption Ton(s) 402195

General employees Person(s) 881

Total net freshwater consumption Ton(s) 401094

Employee Turnover Rate % 9.4

Municipal reclaimed water usage Ton(s) 1101 Social Performance

Employee satisfaction % 93

Scope 1 Greenhouse gas emissions tCO2e 141.197

Total investment in work safety RMB 10000 100.42

Scope 2 Greenhouse gas emissions tCO2e 77712.275

Total hours of work safety training Hour(s) 21106.50

Number of R&D personnel Person(s) 119

R&D personnel as a percentage of total Number of work safety emergency drills Session(s) 3

%10.85

employees

Fatalities due to work-related injuries Person(s) 0

R&D investment RMB 10000 4799.40

R&D investment as a percentage of Incidence of occupational diseases % 0

%4.17

operating revenue Occupational health checkup coverage

%100

Total number of valid granted patents Case(s) 181 rate

Social Performance

Domestic invention patents Case(s) 64 Total employee training expenditure RMB 10000 15

Domestic utility model patents Case(s) 80

Employee training coverage rate % 98.5

Overseas patents Case(s) 37

Average annual training hours per

Hour(s) 31.6

Total number of employees Person(s) 1097 person

Total number of major customer

Male employees Person(s) 940 Time(s) 0complaints

79 80Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Indicator Index

Index Table of Guidelines No. 14 of Shanghai Stock Exchange for Self- Global Reporting Initiative (GRI) Standards Index Table

Regulation of Listed Companies - Sustainability Report (Trial)

Boqian New Materials has reported the information cited in this GRI content index for the

Topics Section Statement of use period from January 1 2025 to December 31 2025 with reference to the GRI Standards.Climate Change Tackling Climate Change Tackling and Energy

GRI 1 used GRI 1: Foundation 2021

Pollutant Discharge Pollution Prevention and Control

Waste Disposal Waste Management

GRI STANDARD DISCLOSURE LOCATION

Ecosystem and Biodiversity Protection Environmental Compliance and Ecosystem Protection

Introduction to Boqian New

Environmental Compliance 2-1 Organizational details

Environmental Compliance and Ecosystem Protection Materials

Management

2-2 Entities included in the organization's

Energy Usage Climate Change Tackling and Energy About This Report

sustainability reporting

Usage of Water Resources Resource Utilization and Circular Economy

2-3 Reporting period frequency and contact point About This Report

Circular Economy Resource Utilization and Circular Economy

2-4 Restatements of information About This Report

Rural Revitalization Empowering Society

Contributions to the Society Empowering Society 2-6 Activities value chain and other business ESG Management

relationships

Innovation-driven Innovation-driven

Employee Rights and Benefits;

Not applicable. The core business of the Company does not involve 2-7 Employees Occupational Health and Safety;

Ethics of Science and Technology scientific research and technology development in sensitive fields such as Employee Growth

life science and artificial intelligence ethics. GRI 2:

2-9 Governance structure and composition Corporate Governance

Supply Chain Security Supply Chain Security General

Disclosures 2021

Equal Treatment to Small and Not applicable. The Company treats SMEs equally and there is no overdue 2-10 Nomination and selection of the highest Corporate Governance

Medium-Sized Enterprises payment for SMEs. governance body

Safety and Quality of Products and 2-11 Chair of the highest governance body Corporate Governance

Safety and Quality of Products and Services

Services

2-16 Communication of critical concerns ESG Management

Data Security and Customer Privacy

Data Security and Customer Privacy Protection

Protection 2-17 Collective knowledge of the highest governance Corporate Governance

body

Employee Rights and Benefits; Occupational Health and Safety; Employee

Employees

Growth Safety and Quality of Products 2-25 Processes to remediate negative impacts

and Services

Due Diligence Risk Internal Control

2-26 Mechanisms for seeking advice and raising Business Ethics; Employee

Communication with Stakeholders ESG Management concerns Growth

Anti-Commercial Bribery and

Business Ethics 2-29 Approach to stakeholder engagement ESG Management

Anti-Corruption

Anti-Unfair Competition Business Ethics

81 82Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.GRI STANDARD DISCLOSURE LOCATION GRI STANDARD DISCLOSURE LOCATION

3-1 Process to determine material topics 401-1 New employee hires and employee turnover

GRI 3:

3-2 List of material topics ESG Management GRI 401: 401-2 Benefits provided to full-time employees that

Material Topics 2021 Employee Rights and Benefits

3-3 Management of material topics Employment 2016 are not provided to temporary or part-time employees

GRI 101: Environmental Compliance and 401-3 Parental leave

101-2 Management of biodiversity impacts

Biodiversity 2024 Ecosystem Protection 403-1 Occupational health and safety management

GRI 201: 201-1 Direct economic value generated and

system

Refer to Annual Report

Economic distributed 403-2 Hazard identification risk assessment and

Performance 201-3 Defined benefit plan obligations and other incident investigation

2016 Employee Rights and Benefitsretirement plans 403-3 Occupational health services

GRI 203: 203-1 Infrastructure investments and services 403-4 Worker participation consultation and

Indirect Economic supported Empowering Society GRI 403: communication on occupational health and safety

Impacts 2016 203-2 Significant indirect economic impacts Occupational Health 403-5 Worker training on occupational health and Occupational Health and Safety

and Safety 2018

GRI 205: 205-2 Communication and training about anti- safety

Business Ethics

Anti-corruption 2016 corruption policies and procedures 403-6 Promotion of worker health

302-1 Energy consumption within the organization 403-7 Prevention and mitigation of occupational

302-4 Reduction of energy consumption Climate Change Tackling and health and safety impacts directly linked by business

GRI 302: Energy 2016 relationships

302-5 Reductions in energy requirements of products Energy

and services 403-8 Workers covered by an occupational health and

safety management system

Resource Utilization and Circular

303-1 Interactions with water as a shared resource

Economy GRI 404: 404-1 Average hours of training per year per employee

Training and

303-2 Management of water discharge-related impacts Pollution Prevention and Control 404-2 Programs for upgrading employee skills and

Employee Growth

Education 2016

GRI 303: transition assistance programs

Resource Utilization and Circular

Water and Effluents 303-3 Water withdrawal

Economy GRI 405: Diversity

2018 Corporate Governance; and Equal 405-1 Diversity of governance bodies and employees

303-4 Water discharge Pollution Prevention and Control Employee Rights and Benefits Opportunity 2016

Resource Utilization and Circular

303-5 Water consumption GRI 406:

Economy 406-1 Incidents of discrimination and corrective Non-discrimination Employee Rights and Benefits

actions taken

305-1 Direct (Scope 1) GHG emissions 2016

GRI 305: Climate Change Tackling and

305-2 Energy indirect (Scope 2) GHG emissions GRI 413:

Emissions 2016 Energy 413-1 Operations with local community engagement Local Communities Empowering Society

305-5 Reduction of GHG emissions impact assessments and development programs2016

306-1 Waste generation and significant waste-related

impacts

306-2 Management of significant waste-related

GRI 306: Waste 2020 impacts Waste Management

306-3 Waste generated

306-4 Waste diverted from disposal

83 84Opening Building a Strong Producing Safeguarding the Employees Share in

Governance Foundation Exceptional Products Green Environment Development Achievement Conclusion 2025 Social Responsibility Report Jiangsu Boqian New Materials Stock Co. Ltd.Reader Feedback

Reader Feedback

Thank you for reading the 2025 Social Responsibility Report of Jiangsu Boqian New Materials Stock Co. Ltd. In order to

provide you and other stakeholders with more professional and valuable corporate ESG information please assist us in

answering relevant questions in the feedback form. Your feedback will help us further improve our ESG work in the future.Multiple-choice Questions (Please mark " ? " in the corresponding position)

1.Regarding Boqian New Materials what is your identity

□ Employee □ Customer □ Supplier □ Regulatory Agency □ Media □ Others (Please specify):__________

2.What is your overall evaluation of this report

□ Excellent □ Good □ Average □ Poor □ Very Poor

3.How do you think of the structure of this report

□ Excellent □ Good □ Average □ Poor □ Very Poor

4.What is your opinion on the layout design and presentation form of the report

□ Very Reasonable □ Reasonable □ Average □ Poor □ Very Poor

5.What is your evaluation of the Company's comprehensive performance on environmental topics

□ Excellent □ Good □ Average □ Poor □ Very Poor

6.What is your evaluation of the Company's comprehensive performance on social topics

□ Excellent □ Good □ Average □ Poor □ Very Poor

7.What is your evaluation of the Company's comprehensive performance on governance topics

□ Excellent □ Good □ Average □ Poor □ Very Poor

Open Question:

What are your opinions and suggestions on the Company's ESG work

8586