Qiaofu Announces Expiration of Sixth Compensation Committee Term

1. Date of Change: 2026/06/29 2. Name of Functional Committee: Compensation Committee 3. Former Members: Independent Director: Jiang Wenqing Independent Director: Wu Jiaxing Independent Director: Cai Jinxiang 4. Former Members' Resumes: Jiang Wenqing: Chairman of Huishun Industry Wu Jiaxing: Chairman of Changjing Xingye Cai Jinxiang: Director of Yixin Industry 5. New Members: Independent Director: Cai Jinxiang Independent Director: Jiang Zongyou Independent Director: Wu Caixi 6. New Members' Resumes: Cai Jinxiang: Director of Guangcheng Industry Co., Ltd. Jiang Zongyou: General Manager of Songxun Commercial Co., Ltd.; General Manager of Diantong Precision Co., Ltd. Wu Caixi: Business Manager of Changjing Xingye Co., Ltd. 7. Nature of Change: Term Expiration 8. Reason for Change: Full Re-election 9. Previous Term: 2023/06/23 ~ 2026/06/28 10. New Term Effective Date: 2026/06/29 ~ 2029/06/28 11. Other Matters to be Clarified: None