Bengang Steel Plates Co., Ltd. First Quarter Report 2026 The Company and all members of the Board of Directors guarantee that the information disclosedis true, accurate, and complete, and there are no misrepresentations or misleading statements, ormaterial omission. Important Notice: 1. TheBoard of Directors,the Supervisory Committee and the Directors,members of theSupervisory Committee and senior management of the Company guarantee that there are nomisrepresentations or misleading statements, or material omission in this report, and individuallyandcollectively accept full responsibility for the authenticity, accuracy and integrity of theinformation contained in this report. 2. The person in charge of the company, the person in charge of accounting work, and the person incharge of the accounting organization (accounting officer), hereby confirm that the financial reportin this quarterly report is true, accurate and complete. 3. Whether the first quarter report is audited □Yes √ No I.Key Financial Data 1. Key Accounting Data and Financial Indicators Whether the Company makes retroactive adjustment or restatement of the accounting data of the previous year □ Yes √ No 2. Items and amount of non-recurring profit and loss √ Applicable □ Not applicable Unit: RMB Yuan □ Applicable √ Not applicable There are no other items of profit or loss that meet the definition of non-recurring items for the Company. For the Company’s non-recurring profit and loss items as defined in “the Explanatory Announcement No.1 on informationdisclosure for Companies Offering their Securities to the Public-Non-recurring Profits and Losses” and its non-recurring profitand loss items as illustrated in “the Explanatory Announcement No.1 on information disclosure for Companies Offering theirSecurities to the Public-Non-recurring Profits and Losses” which have been defined as recurring profits and losses, it is necessaryto explain the reason. □ Applicable √ Not applicable None of non-recurring profit and loss items recognized as recurring profit and loss items as defined by “the ExplanatoryAnnouncement No.1 on information disclosure for Companies Offering their Securities to the Public-Non-recurring Profits andLosses” in the report period. 3. Major Changes in Financial Data and Financial Index and Reasons √ Applicable □ Not applicable Items and reasons for the changes of more than 30% compared with the beginning of the year or compared withthe same period of the previous year in the consolidated statement: II.Shareholders Information 1.Total number of common shareholders, preferred shareholders whose voting rightsrestored, and shareholding of top 10 shareholders Unit: Share □ Applicable √ Not Applicable The top 10 shareholders and the top 10 shareholders of unrestricted tradable shares have changed compared with the previousperiod due to lending/repayment of refinancing □ Applicable √ Not Applicable 2.Total Number of Preferred Shareholders and Shareholding of Top 10 PreferredShareholders □ Applicable √ Not applicable III.Other Major Events √Applicable□ Not applicable On June 20, 2023, the company disclosed the "Major Asset Replacement and Related TransactionPlan" to carry out asset replacement with Benxi Iron and Steel Company, intending to acquire 100%equity of Benxi Iron and Steel (Group) Mining Co., Ltd., and intending to dispose of all assets andliabilities of the listed company except for retained assets and liabilities. The difference between theassets to be acquired and the assets to be disposed of shall be made up by one party to the other in cash.At present, the company is conducting further demonstration and communication and negotiation onthe transaction plan. After the relevant matters are determined, the company will convene the board ofdirectors again for deliberation. IV.Quarterly Financial Statements 1. Financial Statements (1) CONSOLIDATED STATEMENT OF FINANCIAL POSITION Prepared by: Bengang Steel Plates Co., Ltd. March 31, 2026 Unit: Yuan (2) CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FROM THE BEGINNING OFTHE YEAR TO THE END OF THE CURRENT REPORTING PERIOD (3) CONSOLIDATED STATEMENT OF CASH FLOWS FROM THE BEGINNING OF THE YEAR TOTHE END OF THE CURRENT PERIOD Unit: Yuan 2. Adjustments to beginning balance due to the first-time implementation of new accountingstandards from 2026 □ Applicable √ Not applicable 3. Audit report Whether the first quarter report is audited □ Yes √ No The first quarter report is not audited.