Shangfeng Cement elected Wang Zhi as vice chairman!

January 14, Shangfeng Cement announced that the company held the eleventh meeting of the eleventh board of directors on January 14. The Proposal on the Election of the Vice Chairman of the Eleventh Board of Directors of the Company was considered and approved

at the meeting;

It is proposed to elect Mr. Wang Zhi as the vice chairman of the eleventh session of the board of directors of the Company from the date of approval at this meeting to the expiry date of the eleventh session of the board of directors (May 15, 2028).

Consideration and approval of the Proposal on By-election of Members of the Special Committees of the Eleventh Board of Directors.

According to the composition of the board of directors of the Company and the need for standardized governance, Mr. Wang Zhi is hereby elected as a member of the Strategy and Investment Committee and a member of the Remuneration and Appraisal Committee of the Board of Directors of the Company to form the special committees of the Board of Directors of the Company together with other members of the special committees of the Board of Directors. After the by-election, the members of the special committees of the Board of Directors of the Company are as follows:

Audit Committee: Liu Qiang (Convener), Du Jian and Liu Zonghu.

Strategy and Investment Committee: Yu Feng (Convener), Liu Zonghu, Wang Zhi, Du Jian, Qu Hui.

Nomination Committee: Du Jian (Convener), Li Chen, Yu Feng.

Remuneration and Appraisal Committee: Li Chen (Convener), Liu Qiang, Wang Zhi. Resume of

Wang Zhi:

Wang Zhi, male, born in 1971, Hui nationality, Chinese nationality, member of the Communist Party of China, MBA, senior accountant. Accountant of Hefei Materials Trading Corporation from October

1993 to April 1995;

Accountant of Finance Department of Tongling Nonferrous Group from April 1995 to February 2003; From February

2003 to June 2005, he was a middle-level staff member of the Finance Department of Tongling Nonferrous Group;

from June 2005 to December 2007, he was a senior staff member of the Finance Department of Tongling Nonferrous Group; From December

2007 to September 2009, he served as the senior staff of the Finance Department of Tongling Nonferrous Group, and appointed the chief of the Finance Department of Tongguan Real Estate Company;

from September 2009 to December 2012, he served as the director of the Comprehensive Management Department of Tongling Nonferrous Finance Company (preparation); From December

2012 to January 2016, he served as the director of the comprehensive management department of Tongling Nonferrous Finance Company;

from January 2016 to April 2018, he served as the director of risk control (middle-level deputy) of Tongling Nonferrous Finance Company; From April

2018 to April 2021, he served as the deputy director of the Finance Department of Tongling Nonferrous Group;

from April 2021 to March 2023, he served as the deputy director of the Finance Department of Tongling Nonferrous Group and concurrently served as the director of the Financial Sharing Service Center; Party secretary and deputy manager of Tongguan Chizhou Company from March

2023 to October 2024;

Party secretary and deputy manager of Jiuhua New Material from October 2024 to December 2025; Since December

2025, he has served as Secretary and Minister of the Party Branch of the Finance Department of Tongling Nonferrous Group.

He is currently the vice chairman of Gansu Shangfeng Cement Co., Ltd.