Fujian Fuguang Co., Ltd. Notice of the Controlling Shareholder's Equity Change Reaching the 1% Threshold

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Stock Code: 688010 Stock Abbreviation: Fuguang Co., Ltd. Announcement No.: 2026-007

Fujian Fuguang Co., Ltd.

Notice on the change of controlling shareholder’s equity reaching the 1% threshold

The company’s controlling shareholder, Zhongrong (Fujian) Investment Co., Ltd., guarantees that the information provided to this company is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

The board of directors and all directors of this company guarantee that the content of the announcement is consistent with the information provided by the information disclosure obligor.

Important content reminder:

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1. Basic information of the information disclosure obligor and its concerted actors

2. Identity category

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2. Information of the information disclosure obligor

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3. Information of concerted actors

The above information disclosure obligor has no concerted actors.

2. Basic situation of equity changes reaching the 1% threshold

On March 17, 2026, the company received a “Notice of Equity Change Reaching the 1% Threshold” issued by its controlling shareholder, Zhongrong (Fujian) Investment Co., Ltd. (hereinafter referred to as “Zhongrong Investment”). From November 20, 2025, to March 16, 2026, Zhongrong Investment increased its shares in the company by a total of 873,041 shares through centralized bidding with self-owned and self-raised funds (including special loans for stock increases), accounting for 0.54% of the company’s total share capital.

After this equity change, the number of shares held by controlling shareholder Zhongrong Investment increased from 44,270,923 shares to 45,143,964 shares, with the proportion of the company’s total share capital increasing from 27.57% to 28.12%, reaching the 1% threshold, with the specific situation as follows:

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3. Other explanations

4. This equity change does not trigger a tender offer.

5. This equity change will not cause changes in the company’s controlling shareholder and actual controller.

6. According to the “Securities Law of the People’s Republic of China,” “Regulations on the Management of Mergers and Acquisitions of Listed Companies,” and other laws, regulations, and normative documents, this shareholder equity change does not involve the obligation of the information disclosure obligor to disclose the equity change report.

7. Our company will continuously monitor the situation of the controlling shareholder, Zhongrong Investment, increasing its shares in the company in accordance with the “Company Law of the People’s Republic of China,” “Securities Law of the People’s Republic of China,” and “Self-Regulatory Guidelines for Listed Companies No. 8 - Management of Share Changes,” and timely fulfill information disclosure obligations.

This announcement is hereby issued.

Board of Directors of Fujian Fuguang Co., Ltd.

March 18, 2026

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