Resolution Of The First EGM In 2025

ZHEJIANG YONGTAI TECHNOLOGY CO., LTD.

(GDR under the symbol: "YTT")

(a joint stock company established under the laws of the People's Republic of China with limited liability)

Resolution Of The First EGM In 2025

Special Notice

1. No resolution was objected at the Extraordinary General Meeting.

2. No changes to the resolutions of the previous general meetings were involved in the Extraordinary General Meeting.

I. CONVENING AND ATTENDANCE OF THE MEETING

(I) Convening of the Meeting

1. Time of the meeting

(1) Time of on-site meeting: 15:00 on Monday, 28 July 2025;

(2) Time of online voting: 28 July 2025;

Among which, the specific date of online voting through the trading system of the Shenzhen Stock Exchange was from 9:15 to 9:25, 9:30 to 11:30 and 13:00 to 15:00 on 28 July 2025;

The specific date of voting through the Internet of the Shenzhen Stock Exchange was between 9:15 and 15:00 on 28 July 2025.

2. Venue of the on-site meeting: conference room on the second floor of the office building of Zhejiang Yongtai Technology Co., Ltd. at No. 1 Donghai Fourth Avenue, Linhai Park, Zhejiang Chemical API Base, Zhejiang Province.

3. Method of convening the meeting: both on-site voting and online voting.

4. Convener of the meeting: Board of Directors of the Company.

5. Chairperson of the meeting: the meeting was presided over by Ms. Wang Yingmei, the chairwoman of the Company.

6. Validity and compliance of the meeting: the meeting was held in accordance with relevant laws, administrative regulations, departmental rules, regulatory documents and the provisions of the Articles of Association.

(II) Attendance of the Meeting

1. A total of 359 shareholders and shareholders' proxies, representing 282,646,484 shares or 30.5431% of the total number of shares of the Company carrying voting rights, were present at the general meeting. Of which:

(1) A total of 13 shareholders and shareholders' proxies, representing 160,154,555 shares or 17.3065% of the total number of shares of the Company carrying voting rights, were present at the on-site meeting.

(2) A total of 346 shareholders, representing 122,491,929 shares or 13.2366% of the total number of shares of the Company carrying voting rights, were present at the meeting through online voting.

(3) A total of 346 minority shareholders (excluding directors, supervisors, senior management of the Company, and other shareholders who individually or collectively hold 5% or more of the Company's shares), representing 6,603,529 shares or 0.7136% of the total number of shares of the Company carrying voting rights, were present at the meeting.

2. The Company's directors, supervisors, and senior management attended or sat in the meeting. AllBright Law Offices（上海市锦天城律师事务所） delegated lawyers to witness the meeting and issued a legal opinion.

II. CONSIDERATIONS AND POLL RESULTS OF THE RESOLUTION

The following resolution was considered and approved at the general meeting through a combination of on-site voting and online voting:

(1) Resolution on Revising the Articles of Association and Its Appendices

Voting result: 278,821,442 shares in favour, accounting for 98.6467% of the total number of valid voting shares held by shareholders attending the meeting; 3,521,344 shares against, accounting for 1.2458% of the total number of valid voting shares held by shareholders attending the meeting; 303,698 shares abstained (among which 9,400 shares are abstained by default due to non-voting), accounting for 0.1074% of the total number of valid voting shares held by shareholders attending the meeting.

This resolution is a special resolution and was approved by over two-thirds of the total number of valid voting shares held by shareholders attending the general meeting.

(2) Resolution on Revising Part of the Governance Systems

2.01 Resolution on Revising the Related Party Transaction Decision-making System

Voting result: 278,819,142 shares in favour, accounting for 98.6459% of the total number of valid voting shares held by shareholders attending the meeting; 3,521,344 shares against, accounting for 1.2458% of the total number of valid voting shares held by shareholders attending the meeting; 305,998 shares abstained (among which 11,900 shares are abstained by default due to non-voting), accounting for 0.1083% of the total number of valid voting shares held by shareholders attending the meeting.

2.02 Resolution on Revising the External Guarantee Management System

Voting result: 278,814,042 shares in favour, accounting for 98.6441% of the total number of valid voting shares held by shareholders attending the meeting; 3,522,444 shares against, accounting for 1.2462% of the total number of valid voting shares held by shareholders attending the meeting; 309,998 shares abstained (among which 15,700 shares are abstained by default due to non-voting), accounting for 0.1097% of the total number of valid voting shares held by shareholders attending the meeting.

2.03 Resolution on Revising the External Investment Management System

Voting result: 278,818,642 shares in favour, accounting for 98.6457% of the total number of valid voting shares held by shareholders attending the meeting; 3,521,344 shares against, accounting for 1.2458% of the total number of valid voting shares held by shareholders attending the meeting; 306,498 shares abstained (among which 16,400 shares are abstained by default due to non-voting), accounting for 0.1084% of the total number of valid voting shares held by shareholders attending the meeting.

2.04 Resolution on Revising the Implementation Rules for Cumulative Voting System

Voting result: 278,819,342 shares in favour, accounting for 98.6460% of the total number of valid voting shares held by shareholders attending the meeting; 3,521,344 shares against, accounting for 1.2458% of the total number of valid voting shares held by shareholders attending the meeting; 305,798 shares abstained (among which 15,700 shares are abstained by default due to non-voting), accounting for 0.1082% of the total number of valid voting shares held by shareholders attending the meeting.

2.05 Resolution on Revising the Raised Funds Management and Use System

Voting result: 278,814,342 shares in favour, accounting for 98.6442% of the total number of valid voting shares held by shareholders attending the meeting; 3,522,244 shares against, accounting for 1.2462% of the total number of valid voting shares held by shareholders attending the meeting; 309,898 shares abstained (among which 19,800 shares are abstained by default due to non-voting), accounting for 0.1096% of the total number of valid voting shares held by shareholders attending the meeting.

2.06 Resolution on Revising the Implementation Rules for Online Voting at the General Meeting of Shareholders

Voting result: 278,816,442 shares in favour, accounting for 98.6449% of the total number of valid voting shares held by shareholders attending the meeting; 3,471,144 shares against, accounting for 1.2281% of the total number of valid voting shares held by shareholders attending the meeting; 358,898 shares abstained (among which 18,600 shares are abstained by default due to non-voting), accounting for 0.1270% of the total number of valid voting shares held by shareholders attending the meeting.

2.07 Resolution on Revising the Remuneration and Allowance Management System for Directors, Supervisors and Senior Management

Voting result: 282,198,762 shares in favour, accounting for 99.8416% of the total number of valid voting shares held by shareholders attending the meeting; 128,524 shares against, accounting for 0.0455% of the total number of valid voting shares held by shareholders attending the meeting; 319,198 shares abstained (among which 18,600 shares are abstained by default due to non-voting), accounting for 0.1129% of the total number of valid voting shares held by shareholders attending the meeting.

Voting result of minority shareholders: 6,155,807 shares in favour, accounting for 93.2200% of the total number of valid voting shares held by minority shareholders attending the meeting; 128,524 shares against, accounting for 1.9463% of the total number of valid voting shares held by minority shareholders attending the meeting; 319,198 shares abstained (among which 18,600 shares are abstained by default due to non-voting), accounting for 4.8337% of the total number of valid voting shares held by minority shareholders attending the meeting.

2.08 Resolution on Revising the Shareholder Return Plan for the Next Three Years (2024-2026)

Voting result: 282,214,862 shares in favour, accounting for 99.8473% of the total number of valid voting shares held by shareholders attending the meeting; 74,324 shares against, accounting for 0.0263% of the total number of valid voting shares held by shareholders attending the meeting; 357,298 shares abstained (among which 11,800 shares are abstained by default due to non-voting), accounting for 0.1264% of the total number of valid voting shares held by shareholders attending the meeting.

Voting result of minority shareholders: 6,171,907 shares in favour, accounting for 93.4638% of the total number of valid voting shares held by minority shareholders attending the meeting; 74,324 shares against, accounting for 1.1255% of the total number of valid voting shares held by minority shareholders attending the meeting; 357,298 shares abstained (among which 11,800 shares are abstained by default due to non-voting), accounting for 5.4107% of the total number of valid voting shares held by minority shareholders attending the meeting.

(3) Resolution on the Re-election of the Board of Directors (Election of Non-independent Directors)

The Company elected Ms. Wang Yingmei, Ms. Chen Lijie, Mr. Jin Yizhong, Mr. Zhang Jiangshan and Ms. Wang Lirong as non-independent directors of the 7th Board of Directors by means of cumulative voting, with a term of three years from the date of election and approval at this Shareholders' General Meeting. Each candidate obtained the approval of more than one-half of the total number of valid voting shares of the shareholders present at the meeting. The specific voting results are as follows:

3.01 Election of Ms. Wang Yingmei as a Non-Independent Director of the 7th Board of Directors

Voting result: 279,885,402 shares in favour, accounting for 99.02% of the total number of valid voting shares held by shareholders attending the meeting; Voting result of minority shareholders: 3,842,447 shares in favour, accounting for 58.19% of the total number of valid voting shares held by minority shareholders attending the meeting;

Voting Result: Ms. Wang Yingmei was elected.

3.02 Election of Ms. Chen Lijie as a Non-Independent Director of the 7th Board of Directors

Voting result: 279,892,560 shares in favour, accounting for 99.03% of the total number of valid voting shares held by shareholders attending the meeting; Voting result of minority shareholders: 3,849,605 shares in favour, accounting for 58.30% of the total number of valid voting shares held by minority shareholders attending the meeting;

Voting Result: Ms. Chen Lijie was elected.

3.03 Election of Mr. Jin Yizhong as a Non-Independent Director of the 7th Board of Directors

Voting result: 279,892,560 shares in favour, accounting for 99.03% of the total number of valid voting shares held by shareholders attending the meeting; Voting result of minority shareholders: 3,849,605 shares in favour, accounting for 58.30% of the total number of valid voting shares held by minority shareholders attending the meeting;

Voting Result: Mr. Jin Yizhong was elected.

3.04 Election of Mr. Zhang Jiangshan as a Non-Independent Director of the 7th Board of Directors

Voting result: 279,892,359 shares in favour, accounting for 99.03% of the total number of valid voting shares held by shareholders attending the meeting; Voting result of minority shareholders: 3,849,404 shares in favour, accounting for 58.29% of the total number of valid voting shares held by minority shareholders attending the meeting;

Voting Result: Mr. Zhang Jiangshan was elected.

3.05 Election of Ms. Wang Lirong as a Non-Independent Director of the 7th Board of Directors

Voting result: 279,892,374 shares in favour, accounting for 99.03% of the total number of valid voting shares held by shareholders attending the meeting; Voting result of minority shareholders: 3,849,419 shares in favour, accounting for 58.29% of the total number of valid voting shares held by minority shareholders attending the meeting;

Voting Result: Ms. Wang Lirong was elected.

(4) Resolution on the Re-election of the Board of Directors (Election of Independent Directors)

The Company elected Mr. Zhang Weikun, Ms. Zheng Feng and Mr. Zhou Yuejiang as independent directors of the 7th Board of Directors by means of cumulative voting, with a term of three years from the date of election and approval at this Shareholders' General Meeting. The qualifications of the above independent directors have been reviewed by the Shenzhen Stock Exchange with no objections. Each candidate obtained the approval of more than one-half of the total number of valid voting shares of the shareholders present at the meeting. The specific voting results are as follows:

4.01 Election of Mr. Zhang Weikun as an independent director of the 7th Board of Directors

Voting result: 279,883,494 shares in favour, accounting for 99.02% of the total number of valid voting shares held by shareholders attending the meeting; Voting result of minority shareholders: 3,840,539 shares in favour, accounting for 58.16% of the total number of valid voting shares held by minority shareholders attending the meeting;

Voting Result: Mr. Zhang Weikun was elected.

4.02 Election of Ms. Zhengfeng as an independent director of the 7th Board of Directors

Voting result: 279,882,484 shares in favour, accounting for 99.02% of the total number of valid voting shares held by shareholders attending the meeting; Voting result of minority shareholders: 3,839,529 shares in favour, accounting for 58.14% of the total number of valid voting shares held by minority shareholders attending the meeting;

Voting Result: Ms. Zhengfeng was elected.

4.03 Election of Mr. Zhou Yuejiang as an independent director of the 7th Board of Directors

Voting result: 279,900,954 shares in favour, accounting for 99.03% of the total number of valid voting shares held by shareholders attending the meeting; Voting result of minority shareholders: 3,857,999 shares in favour, accounting for 58.42% of the total number of valid voting shares held by minority shareholders attending the meeting;

Voting Result: Mr. Zhou Yuejiang was elected.

Ⅲ. LEGAL OPINION ISSUED BY THE LAWYERS

1. Name of law firm: AllBright Law Offices（上海市锦天城律师事务所）

2. Names of lawyers: Jin Haiyan, Chen Xia

3. Conclusive opinion: The procedures for convening and holding the First Extraordinary General Meeting in 2025, the qualifications of the convenor and the personnel who attended the meeting, and the voting procedures of the meeting conformed to the requirements of the laws, regulations, rules and other regulatory documents such as the Company Law, the Rules Governing General Meeting of Listed Companies as well as relevant provisions of the Articles of Association; and the voting results of the general meeting are lawful and valid.

The Board of Directors

Zhejiang Yongtai Technology Co., Ltd.

28 July 2025