New East: The largest shareholder and its concerted actors received the administrative supervision measures decision letter

Dongfang Materials announced that its largest shareholder, Jiangsu Teliang New Materials Technology Co., Ltd., and its concerted actor, Wuxi Hongsheng Dingrong Investment Management Partnership, received the "Administrative Supervision Measures Decision" issued by the Anhui Regulatory Bureau of the China Securities Regulatory Commission. The decision stated that Jiangsu Teliang New Materials Technology Co., Ltd. indicated in the "Brief Report on Equity Changes" disclosed on May 30, 2025, that there would be no plans for increase or decrease in holdings within the next 12 months. However, on July 1, 2025, the "Detailed Report on Equity Changes" disclosed by its concerted actor, Wuxi Hongsheng Dingrong Investment Management Partnership, showed that a resolution had been made to participate in online judicial auctions, which was inconsistent with the previously disclosed content, violating the provisions of Article 3, Paragraph 3 of the "Measures for the Administration of the Acquisition of Listed Companies." The Anhui Regulatory Bureau decided to take administrative supervision measures, including ordering corrections and supervisory talks, and to record this in the integrity file of the securities and futures market. Teliang's Chairman Xu Zhengliang and Hongsheng Dingrong's Executive Partner Chu Hongyan are required to bring valid identification to the Anhui Regulatory Bureau for supervisory talks at 9:00 AM on August 20, 2025