Zhonghua International: Application for Extension to Respond to the Inquiry Letter Regarding the Approval for Issuance of Shares to Purchase Assets

Zhonghua International announced that the company intends to acquire 100% equity of Nantong Xingchen Synthetic Materials Co., Ltd. through the issuance of shares. On July 8, 2026, the company received an inquiry letter from the Shanghai Stock Exchange, requesting a response within 30 days. Due to the need for further verification of certain matters, and the lengthy nature of this work, the company has applied for an extension of no more than 30 days to respond, and will disclose the response document and submit it for review before the deadline. This transaction still requires approval from the Shanghai Stock Exchange and registration consent from the China Securities Regulatory Commission, and it is uncertain whether it will be approved or the timeline for approval.