Hainan Ruize New Building Materials Co., Ltd. Financing Guarantee Progress Announcement

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Stock code: 002596 Stock abbreviation: Hainan RuiZe Announcement No.: 2026-013

Hainan RuiZe New Building Materials Co., Ltd.

Financing Guarantee Progress Announcement

The Company and all members of the board of directors warrant that the information disclosed in this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Special Notice:

The guarantee party in this instance is a wholly owned subsidiary of the Company. This guarantee matter falls within the approved额度 in the Company’s 2024 annual general meeting of shareholders. The Company’s financial risk related to this guarantee is within a controllable range and will not have any adverse impact on the Company and its subsidiaries. As of the date of disclosure of this announcement, the Company and its controlling subsidiaries’ total amount of external guarantees has exceeded 100% of the Company’s most recently audited net assets. Investors are requested to pay attention to the relevant risks.

I. Overview of the financing guarantee

On March 31, 2026, Hainan RuiZe New Building Materials Co., Ltd. (hereinafter referred to as the “Company”) signed a “Maximum Amount Guarantee Contract” with Ningbo Yingfeng Finance Lease Co., Ltd. (hereinafter referred to as “Ningbo Yingfeng”). The Company provides a joint and several liability guarantee for the financing lease business between its wholly owned subsidiary, Guangdong Lvrun Environmental Technology Co., Ltd. (hereinafter referred to as “Guangdong Lvrun”), and its sub-subsidiaries and Ningbo Yingfeng, for an amount not exceeding RMB 10,000,000.

II. Approval of the financing guarantee quota

On May 9, 2025, the Company convened its 2024 annual general meeting of shareholders, which considered and approved the “Proposal on the Company’s Debt Financing Plan” and the “Proposal on the Guarantee Quota between the Company and Its Subsidiaries,” agreeing that the Company and its subsidiaries may apply to financial institutions for additional financing not exceeding RMB 650 million (excluding corporate bonds, including the portion of existing loans due for renewal); and agreeing that the Company and its subsidiaries may set additional guarantee quotas not exceeding RMB 650 million between them (including the portion of existing guarantees that will continue to be provided upon expiration). Among them, the guarantee quota provided by the Company for Guangdong Lvrun is RMB 100,000,000, with an effective period of 12 months from the date on which this quota is approved at the Company’s 2024 annual general meeting of shareholders.

Before this guarantee, the outstanding guarantee balance for Guangdong Lvrun by the Company was RMB 35.66 million, and the remaining available guarantee quota for Guangdong Lvrun was RMB 96.83 million.

In summary, the amount of the guarantee provided by the Company for Guangdong Lvrun in this instance is within the above-mentioned quota; therefore, it does not need to be submitted to the Company’s board of directors or the Company’s general meeting of shareholders for deliberation. In accordance with relevant provisions such as the “Company Law of the People’s Republic of China” and the “Company Charter,” the above guarantee matter is not a related-party transaction.

III. Basic information of the guaranteed party

1、Name: Guangdong Lvrun Environmental Technology Co., Ltd.

2、Date of establishment: January 24, 2006

3、Registered address: No. 501, Building 3, Gaomeisi Building, Xinguang North Road 250, Xinguang Community, Dadialang Street, Shunde District, Foshan City, Guangdong Province

4、Legal representative: Sheng Hui

5、Registered capital: RMB 103.80 million

6、Company type: Other limited liability company

7、Business scope: General items: R&D of resource recycling utilization technology; sewage treatment and its reuse; atmospheric environmental pollution prevention services; water environmental pollution prevention services; soil environmental pollution prevention services; air pollution control; water pollution control; environmental protection monitoring; administration of municipal facilities; geological exploration technical services; environmental sanitation management (excluding environmental quality monitoring, pollutant source inspections, and disposal services for municipal household waste, construction waste, and kitchen waste); solid waste management; soil pollution management and remediation services; landscaping engineering construction; urban greening management; forestry harmful organism prevention services; earthworks engineering construction; property management; machinery and equipment leasing; leasing services (excluding leasing services subject to permit); sales of dedicated environmental protection equipment; sales of building materials; recycling of renewable resources (excluding productive scrap metals); sales of renewable resources; processing of renewable resources; processing and disposal of non-metal scrap and fragments; recovery of productive scrap metals; loading, unloading, and transportation handling; software development; office services; undertaking archives service outsourcing; domestic services. (For projects not subject to approval according to law, business activities may be carried out independently in accordance with law based on the business license.) Permitted projects: construction engineering construction; surveying and mapping services; operation of municipal household waste; professional operations for river dredging construction; disposal of urban construction waste (removal/transport); building demolition operations (excluding blasting operations); road freight transportation (excluding hazardous goods); transportation of hazardous goods by road; labor dispatch services. (The production and processing locations mentioned above are separately designated.)

8、Relationship with the Company: The Company directly and indirectly holds 100% of its equity. It is a wholly owned subsidiary of the Company.

9、Guangdong Lvrun’s key financial information:

Unit: RMB ten thousand

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10、Other explanations

Upon inquiry, Guangdong Lvrun is not a dishonest party subject to enforcement. Guangdong Lvrun’s overall production and operations are currently normal; its business development is relatively stable; its credit standing is good; and it has the ability to perform obligations normally.

IV. Main contents of the guarantee

1、Debtor: Guangdong Lvrun Environmental Technology Co., Ltd. and its sub-subsidiaries;

2、Beneficiary: Ningbo Yingfeng Finance Lease Co., Ltd.;

3、Guarantor: Hainan RuiZe New Building Materials Co., Ltd.;

4、Guarantee amount: not exceeding RMB 10,000,000;

5、Period for determining the creditor’s rights: from February 11, 2026 to February 10, 2028

6、Guarantee method: joint and several liability guarantee;

7、Guarantee period: from the date on which the Maximum Amount Guarantee Contract is signed until the expiry date of the performance period of the principal debt under the principal contract, plus a period of two years;

8、This guarantee has no counter-guarantee.

V. Cumulative external guarantee information

As of the date of disclosure of this announcement, the external guarantee quota of the Company and its controlling subsidiaries is RMB 171,664.52 million (including this guarantee). The actual cumulative external guarantee balance of the Company and its controlling subsidiaries is RMB 122,847.56 million, accounting for 163.91% of the Company’s most recently audited net assets. The Company and its controlling subsidiaries have not provided guarantees to units outside the consolidated financial statements. The Company and its controlling subsidiaries have no overdue guarantees, guarantees involved in lawsuits, or situations in which they are required to bear losses due to a lawsuit败诉 after being judged against them because of a guarantee.

VI. Other matters

The Company will, in a timely manner, disclose other progress or changes regarding financing and guarantee matters in accordance with relevant regulations such as the “Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange,” etc.

This announcement is hereby issued.

Hainan RuiZe New Building Materials Co., Ltd.

Board of Directors

March 31, 2026

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