Zhejiang Wufangzhai Industrial Co., Ltd.Sustainability(ESG)Repo

Stock Symbol：603237

Zhejiang Wufangzhai Industrial Co., Ltd.

Repoing Scope

Repoing PeriodThe time span of this repo is from Janua 1, 2025, to December 31, 2025 (referred to as the "Repoing Period"). Toenhance the comparability and completeness of this repo, some content appropriately traces back to previous years orincludes forward-looking descriptions.Preparation Basis

Data ExplanationThe data sources used in the repo include the original data of the actual operation of the Company, annual nancial data,relevant internal statistical statements.The nancial data in this repo is denominated in RMB (Yuan). In case of any discrepancywith the nancial statements, the nancial statements shall prevail.Conrmation and ApprovalThis repo was approved by the Company's Board of Directors on April 20, 2026, and is being released concurrently with theannual repo.The Board of Directors undeakes to oversee the contents of this repo, ensuring that it contains no false ormisleading statements, and assumes responsibility for the authenticity, accuracy, and completeness of its contents.The risks and oppounities analyzed in this repo will impact the Company over dierent time periods. The dened timeframesfor these impacts are as follows: sho-term (0–1 year), medium-term (1–5 years), and long-term (over 5 years). Thesetimeframes align with the Company’s strategic planning period denitions.Repo AvailabilityMinist of Finance of the People's Republic of China:China Corporate Sustainability Disclosure Standards GeneralStandards (Trial)Shanghai Stock Exchange Guidelines No. 14 for Self-Regulation of Listed Companies — Sustainability Repo (Trial)Shanghai Stock Exchange Guide No.4 for Self-Regulato Supeision on Listed Companies — Compilation of Sustain-able Development ReposChina Enterprise Reform and Development Society Guidelines for Sustainable Development Repos of Chinese Enter-prises (CASS-ESG6.0)The 2021 Global Repoing Initiative's Sustainability Repoing Standards (GRI Standards)United Nations Sustainable Development Goals (SDGs)

This repo can be viewed and downloaded from the Company’s website (https://www.wufangzhai.com) and the ShanghaiStock Exchange (hereinafter referred to as the "SSE") website (http://www.sse.com.cn).Contact Information

Contact Address: Building 1, Xingyao Business Plaza, 677 Muqiaogang Road, Xincheng Street, Xiuzhou District, Jiaxing City,Zhejiang ProvincePostal Code: 314000Contact Number: 0573-82083117Email: wfz1921@wufangzhai.com

About This Repo

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Corporate Governance StandardsProtection of Investors' Right and InterestsStrengthen Risk ManagementBusiness EthicsUphold the Leadership of Pay Building

Promote R&D and innovationFood Quality and SafetyOptimizing Customer SeiceResponsible Supply ChainStrictly Safeguard Information Security

Inheritance and Revitalization of IntangibleCultural Heritage

Repo Appendix

Key Peormance TableIndicator IndexFeedback Form

Harmony in Five Elements:

The Philosophy of Governance

Inheriting Heritage,Innovating for Industrial Excellece

Shouldering Revitalization Duty,Acting on Inheritance Commitment

Protect the Natural EnvironmentAddressing Climate ChangeOptimizing Resource Utilization

Guarding Pure Flavors, UpholdingEnvironmental Stewardship

Employee Rights and Interests ProtectionEmployee Training and DevelopmentOccupational Health and Safety

Uniting for Collective Well-being,Advancing Toward Shared Success

Table of ContentsMessage from the ChairmanAbout Wufangzhai

Inheritance and Revitalization of IntangibleCultural Heritage

Company ProleDevelopment HistoHonors and AchievementsCorporate CultureSustainable Development Strategy

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Message from the Chairman

Green Development: Building Low-Carbon Products and Factories.Green development sees as the core engine of Wufangzhai’s sustain-

able development. In 2025, we integrated green principles throughout the entire process of product R&D and production, achieving multiplebreakthroughs. We drove market growth through innovative product categories and embedded the concept of health deep into our brandDNA. Staing from raw material sourcing, we strictly upheld organic standards, enabling consumers to experience traditional festival culturewhile enjoying natural and healthy Chinese culina concepts. The Company was also recognized on the “2025 Zhejiang Green andLow-Carbon Facto” list, which recognizes our long-term commitment in energy conseation and carbon reduction, as well as cleanproduction. We accelerated our digital and intelligent transformation, actively practiced green procurement, promoted packaging reductionand recycling, and eectively utilized green photovoltaic electricity, contributing to climate change mitigation. Through these initiatives, westrive to build a sustainable green value chain from farm to table, achieving a win-win outcome for both economic and ecological benets.People-Oriented Approach: Promoting Harmonious Enterprise Growth. Our employees are the most valuable asset of Wufangzhai and the

inheritors of our centu-old legacy. In 2025, we fuher strengthened mechanisms for employee care and rights & interests protection,striving to foster a harmonious and responsible corporate culture. The company continuously improved its peormance appraisal system,which integrates sho-term and long-term interests, and advocated a results-oriented incentive mechanism that rewards excellence andpenalizes underpeormance. Outstanding teams and individuals who delivered notable achievements in cost reduction, eciency improve-

In the face of the dual challenges posed by global climate change andmacroeconomic unceainty, we have always believed that only bydeeply integrating business success with social responsibility can anenterprise achieve enduring prosperity. Over the past year, we havecontinued to align ourselves with the United Nations SustainableDevelopment Goals (SDGs) and, guided by our “G.R.O.W.” strategy,focused on green development, the fulllment of social responsibility,deeper open collaboration, and the pursuit of harmonious coexistence.While caring forward a centu-old legacy of craftsmanship, we haveactively embraced change, strengthened corporate governance, andachieved solid results.

Steady Progress, Renewed Vitality

Chairman of Zhejiang Wufangzhai Industrial Co., Ltd.

Li Jianping

ment, innovation and business expansion were duly recognized. In terms of occupational health and work safety, our production bases inJiaxing and Chengdu reduced labor intensity and optimized working environments through automation and intelligent upgrades, placingtechnological innovation at the seice of our people. Meanwhile, the company continued its "Liufang Yishan" care fund, providing long-termsuppo for charitable and educational causes. We contributed to rural revitalization through agricultural industrialization and expanded theboundaries of Intangible Cultural Heritage activities, ensuring that our centu-old brand remains vibrant and dynamic while consistentlydemonstrating corporate social responsibility.Compliance as the Foundation: Safeguarding Steady Operations. A robust governance system is the cornerstone of an enterprise’s sustain-able development. In 2025, we fuher strengthened our compliance and risk management framework, continuously optimized and upgrad-ed our internal control system, and reinforced risk management training to lay a solid foundation for steady development. The Companyrevised and formulated core policies, fuher enhancing the level of standardized operations. We exercised prudence in investmentdecision-making by establishing a stringent investment approval process, and deeply integrated legal compliance, risk control, and foodsafety management functions to build a full-process, closed-loop compliance management system spanning from raw material procure-ment to terminal sales. Additionally, we enhanced audit supeision, established an anti-fraud mechanism, and promoted integrity-drivenprocurement through digitalized systems, improving supply chain transparency and sustainable operational capabilities.Mutual Success Through Collaboration: Building a Better Ecosystem Together. We rmly believe that the Company’s development depends

on the conceed progress of its stakeholders. In 2025, the Company strictly complied with laws and regulations, continuously enhanced itscorporate governance capabilities, optimized paner relationships, and endeavored to achieve symbiosis, mutual benet and sharedprosperity. We eectively safeguarded investors’ right to know and right to returns, implemented dividend distributions to reward sharehold-ers, and received an A rating, the highest rating from the Shanghai Stock Exchange, for our information disclosure work. We strengthenedcommunication and collaboration with upstream and downstream paners, implemented diversied cooperation mechanisms, pilotedinnovative dealer panership companies, accelerated the rollout of the franchised chain-store model, and established an independentlyoperated Key Account Depament to optimize our rapid-response seice mechanism. In 2025, we accelerated our overseas expansion,consolidated our presence in Hong Kong, Macao, Europe and the United States, and expanded into new markets such as Singapore, South-east Asia, Japan, South Korea and the Middle East, transforming the “classic avors” of Chinese cuisine into new momentum for sustainabledevelopment.Looking ahead, Wufangzhai will continue to uphold its “Harmonious Business” operating philosophy, pursue outstanding results throughquality enhancement and eciency improvement, safeguard development through rigorous governance, and actively give back to societywhile protecting lucid waters and lush mountains. We are committed to becoming the world’s most trusted leading brand of Chinese CulinaProducts and to working hand in hand with all paners to create a better future.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

About Wufangzhai

PAGE

Founded in 1921, Wufangzhai is among the rst batch of China Time-honored Brands in the count, with its headquaers located in Jiaxing City,Zhejiang Province.Zhejiang Wufangzhai Industrial Co., Ltd. is mainly engaged in food and catering business, and was listed on the A-share MainBoard in August 2022.Over the past centu, Wufangzhai has continuously innovated based on inheriting the cultural heritage of Jiahu Fine Pastries dating back to theMing and Qing dynasties. It has formed a diversied product system with zongzi as the core, covering mooncakes, glutinous rice balls, pastries, riceproducts and others, providing consumers with healthy and delicious seasonal food and daily catering.The Company has established a comprehensive omni-channel sales network, with more than 20 sales institutions across the count. Its oinebusiness has fully entered supermarket and retail systems, while its online business covers major mainstream e-commerce platforms. Meanwhile,Wufangzhai’s catering chain has accelerated its presence in the Yangtze River Delta, Hubei, Sichuan and other regions, striving to reach a scale of1,000 stores. The Company’s international business focuses on Hong Kong, Macao, Singapore and the UK, and has expanded to Japan, SouthKorea, Southeast Asia, Europe, Noh America, Oceania and other regions.The Company boasts strong supply chain capabilities, with two self-built food manufacturing bases and logistics & warehousing centers in Jiaxingand Chengdu. Its production scale and technological level are indust-leading, and it continues to promote green and intelligent upgrading.Meanwhile, the Company has deployed several high-quality rice bases in Heilongjiang and established original ecological bamboo leaf bases inZhejiang, Anhxi and Jiangxi, laying a solid raw material foundation for the development of the whole industrial chain.The Company’s R&D and innovation capacity ranks among the top in the indust. It has established a Food Research Institute and a ZhejiangProvincial Postdoctoral Workstation, and is the rst drafting entity of the international standard, national standard and indust standard forZongzi. To date, the Company owns more than 160 patents.The Company has established a stringent quality control system and obtained authori-tative ceications including FSSC 22000 and HACCP. It continues to improve its end-to-end food safety management mechanism.The Company boasts substantial brand equity. "Wufangzhai" was recognized as a China Well-Known Trademark in 2004, and the WufangzhaiZongzi Making Techniques were inscribed on the National Representative Projects of Intangible Cultural Heritage list in 2011. The Company hasalso received numerous prestigious honors, including being named a National Key Leading Enterprise in Agricultural Industrialization, a Top 100Taxpayer in China’s Food Manufacturing Indust, a National Green Facto, a National E-Commerce Demonstration Enterprise, and a China Top100 Catering Enterprise. Actively fullling its social responsibilities, the Company has established the "Liufang Yishan · Wufangzhai Care Fund" andbeen recognized as a National Model Sta Home and a National Civilized Unit. It has also been awarded an ESG Rating of "A" by Wind in 2024.Looking ahead, Wufangzhai will continue to uphold the "Harmony Business" philosophy and the values of "Harmony, Integrity, Excellence, andInnovation". With the mission of "Preseing and Innovating Chinese Cuisine", the Company strives to become the world’s most trusted brand ofChinese delicacies.

Company Prole

Development Histo

PAGE

1921Zhang Jinquan, a merchant from Lanxi, Zhejiang, began selling zongzi in Zhangjialong, Jiaxing City, naming it "Wufang-zhai," which means "The Fragrance of The Five Grains." This marked the beginning of the centu-old brand's histo.1956In the early 1940s, Wufangzhai zongzi earned the title of "King of Zongzi" for its distinctive features: glutinous yet not mushy, fatty yetnot greasy, tender meat with a fragrant taste, and a balanced savo-sweet avor.In 1956, through the public-private joint venturetransformation, the three Wufangzhai shops merged into one single establishment named "Jiaxing Wufangzhai Zongzi Store".1985

The Jiaxing Wufangzhai Zongzi Shop underwent its rst large-scale renovation and transformation, standardizing and rening thezongzi-making techniques, thereby increasing production capacity.1995The rst specialized zongzi production facto in the count, "Jiaxing Wufangzhai Zongzi Facto," was put into operation, achievingindustrial and standardized production.1998

After restructuring, Zhejiang Wufangzhai Industrial Co., Ltd. was established, adopting a modern enterprise system and beginning toexpand into the national sales market.2004Wufangzhai was awarded the title of "Well-known Trademark in China".

2005

The Wufangzhai Industrial Park was completed and put into operation in Xiuzhou District, Jiaxing, becoming the largest and mosttechnologically advanced specialized production and distribution base for zongzi nationwide.2008

The Wufangzhai production base in Chengdu was completed and put into operation; high-quality rice bases in Heilongjiang and wildbamboo leaf bases in Jing'an, Jiangxi were established, achieving base-based production of main raw materials.

2009An e-commerce team was formed, and the time-honored brand embarked on a new model of "going online."

2010

Establish Shanghai Marketing Headquaers; become one of the catering seice providers for the 2010 Shanghai World Expo.

2011

Wufangzhai’s craftsmanship of zongzi-making is ocially included in the National Intangible Cultural Heritage List.

2014

Through capital operation, it successfully panered with Wuhan Wufangzhai, merging two time-honored brands into one.2016

It launched a brand rejuvenation strategy while building a new omni-channel marketing model encompassing commerce and trade,chain stores, and e-commerce.2018Panered with Alibaba Koubei to launch the nation's rst sma restaurant; became a paner of the Fifth World Internet Conference.

2019It fully launched the "Nuo + Strategy"; jointly established a Collaborative Innovation Center with Jiangnan University and set up anAcademician Workstation.2021Celebrating its centena, the new headquaers building of Wufangzhai was completed.2022It was listed on the A-share main board at the Shanghai Stock Exchange (SSE), becoming the rst zongzi-themed stock with the stockcode 603237.

2023The Digital Indust Sma Park was put into operation.The demonstration workshop for the digital and intelligent integrated technol-ogy of vacuum-packed zongzi also came into operation, pioneering the innovative "two-in-one" technology of vacuum cooking andsterilization.2024The Zongzi Codex Alimentarius International Standard, with the Company as the prima drafting unit, was released.

2025The Wufangzhai Seasonal Baking Base was completed and put into operation in Xiuzhou District, Jiaxing, fuher improving thesupply chain layout for seasonal products.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Honors and Achievements

PAGE

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

2024–2025 Grade A inInformation Disclosure

2025 ExcellentPractice Case of theBoard of Directors of

Listed Companies

Best ESG PracticeAward for ListedCompaniesExcellent Practice of the

2024 Annual RepoPeormance Briengfor Listed Companies

Provincial-level GreenFacto

2025 ConsumerTrusted Brand2025 Consumer Sector Blue

Chip Brand in the 2025Forbes China ConsumerSector Series Selection

TOP1002024 Top 100 Chinese

Fast FoodGolden Steed Awardfor Indust LeadingEnterprise2025 The Reputation List of

Listed Companies"Outstanding CompetitivenessListed Companies inConsumer Sector"

Flagship Enterprise,Advanced Collective forthe Construction of the"Three Major Platforms"of Xiuzhou District (2024)

The 19th China Zongzi CultureFestival National Zongzi & Rice

Cake CraftsmanshipCompetition - Grand Prize for

Rice Cake Products

Enterprise of OutstandingAchievement at the Yihai Ker

· Zhijian Fengwu 2025 3rd

National Chinese PastIndust ConferenceThe 19th China ZongziCulture Festival National

Zongzi & Rice CakeCraftsmanship Competition- Zongzi Grand Prize

iSEE Award-Products &Brands-Bronze Award

Zhejiang famous andspecial food with good

quality

Yangtze River Delta FamousQuality Food ProductsZhejiang Wufangzhai IndustrialCo., Ltd. Wufangzhai-Centu

Gift ZongziZhejiang Wufangzhai Industrial

Co., Ltd.Wufang Qiyue Light

Sweet Rice Cake Gift Box

Special Gold Award

Iconic SpecialtyFlavored Food ProductJianzhong?Ma?was?awarded?2025?CONSUMER?SECTOR?OUTSTANDING?CEO?in?the?China?Consuer?Sector?Series?

Selection.

Ranked 214th among the 500key enterprises in the 2025China Food Indust AnnualDevelopment Study, based on

annual operating income.Outstanding IRChairman—Jianping Li

Corporate CultureWufangzhai has established its vision of “Becoming A Leading Brand of Chinese Seasonal Food with Glutinous Rice-based Products at Its core”.Itfollows the "Harmonious Business" operation philosophy, upholds the principles of harmonious win-win cooperation and harmony without unifor-mity, and earnestly practices the concept of sustainable development.

PAGE

Uphold and Innovate Chinese

Culina Products

Mission

A leading brand of Chinese seasonal

food with glutinous rice-based

products at its core

Vision

HarmoniousBusiness

Harmony, Integrity,Excellence and Innovation

CoreValues

Passion forChinese Flavors

BusinessPhilosophy

BrandProposition

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Sustainable Development Strategy

PAGE

Wufangzhai consistently upholds the vision of "Cooperation for Win-Win, Sharing for Better" and the mission of "Focusing on Quality and Innova-tion, Leading Sustainable Industrial Development" as its sustainable development goals. Aligning with its business operations and the 17 UnitedNations Sustainable Development Goals, the Company has formulated the "G.R.O.W." sustainable development strategy, which stands for "Growwith Us." This strategy comprises four strategic pillars, fuher divided into 7 key issues and 14 specic actions. To eectively implement the strategy,all depaments within the Company collaborate eciently, guided by annual objectives and benchmarking against international best practices.This ensures the continuous advancement and optimization of the strategic actions, guaranteeing the successful execution of the G.R.O.W. strategy.

"G.R.O.W." Sustainable Development System

Green and GrowthPromoting sustainable growth through green practices,achieving a win-win situation of environmental protectionand economic benet growth.Green production: Adopt clean energy and energy-sav-

ing technologies, improve energy eciency, and reducecarbon emissions.Green Products: Pursue environmental friendlinessthroughout the entire product life cycle, establish greenprocurement standards, advocate for green packaging,and optimize resource utilization to reduce waste.Eciency Growth: Enhance the utilization eciency ofenergy resources, pursue a circular economy, explore newmarkets through high-quality products and seices, andachieve growth in economic benets.

Responsibility and ResilienceOpenness and OppounityWin-Win for All

Seize sustainable development oppounities throughopen cooperation.Open Cooperation: Drive policy and technological

innovation through various panerships.

Nutrition and Health: Select high-quality raw materials todevelop healthy and nutritious new products that meetconsumer needs.Market Oppounities: Enhance brand awareness andreputation through ESG practices, continuously exploringnew markets.Indust Leadership: Drive the elevation of induststandards, lead industrial progress, and promote sustain-able development across the entire sector.

Through ESG practices, ensure the fundamental rightsand interests of stakeholders are respected andsafeguarded, creating comprehensive economic,environmental, and social value. enhance the capacityto cope with unceain risks.Shareholder Returns: Improve corporate governance,ensure stable operations, prioritize investor rights andinterests, and maintain consistent dividend payouts.Paner Empowerment: Strengthen communicationand collaboration with upstream and downstreampaners, striving to achieve sustainable developmentgoals for both the Company and its paners.Stakeholder Response: We value the demands andrights of stakeholders, enhance the frequency anddiversity of communication, and actively respond andimplement improvement measures.

Fulll social responsibilities, enhance corporate resilience,and calmly face future challenges.Happy Employees: Safeguarding employee rights andproviding a fair and favorable working environment.

Social Responsibility: Actively paicipate in social publicwelfare, suppo community development, inherit andpromote traditional culture, and fulll corporate responsi-bilities.Responsible Supply Chain: Ensuring supply chaintransparency, promoting fair trade and sustainableprocurement.Resilience Building: Strengthen risk assessment andmanagement, and actively transform to enhance thecapacity to cope with unceain risks.

G.R.O.W.（Grow with us）VisionCooperation for Win-Win，Sharing for BetterMissionFocusing on Quality and Innovation，Leading Sustainable Industrial Development

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

In 2025, the Company conducted an in-depth analysis of its current sustainable development status, released the ESG Work Manual, claried the"G.R.O.W." sustainable development strategic goals, established trackable long-term and sho-term objectives and indicators, and continuouslydeepened the practice of sustainable development strategies and concepts, collectively painting a new blueprint for sustainable development.

Sustainable Development Goals

StrategicDirection

GreenandGrowth

Strategiesand Targets

Indicator

2025 Interim Targets

2025Completion StatuBy 2030, the propoion ofgreen power usage will not beless than 25%

Through wastewater recycling,reduce the use of fresh water.Based on the 2024 benchmark,by 2030, sewage discharge willbe reduced by 8%, and waterallocation will be decreased by

15%.

Sewage discharge decreasedby 5% compared to thesame period in 2024, andannual water allocationusage dropped by 10%

Sewage dischargedecreased by 7.5%compared to the sameperiod in 2024Compared to 2024,water usage in 2025decreased by 28.73%

The grammage of thelaminated paper forcorrugated gift boxes wasexpected to reduced by morethan 50 grams per squaremeter

The grammage of thelaminated paper usedfor corrugated gift boxeshas been reduced by 50grams per square meter.Packaging paper area

Sewage DischargeAnnual water allocation

Propoion of Green PowerUsage

PV power generationaccounts for more than 20%of usage

PV power generationaccounts for 20.96% ofusageBy adopting alternative materialsor adjusting material specications,the Company will meetlow-carbon and environmentalprotection requirements, with thegoal of reducing paper usage areaby 2% by 2030.

ResponsibilityandResilience

Actively paicipate in socialpublic welfare activities, care fordisadvantaged groups, with2003 as the base year, aimingto accumulate charitabledonations of RMB 38 million(incomplete statistics includingin-kind donations) by 2035.

Total charitable donations ofRMB 26 Million (incompletestatistics including in-kinddonations)

Cumulative charitabledonations RMB 26.7028Million (incompletestatistics including in-kinddonations)Total Charitable DonationsAmount

100% of suppliers are reviewedaccording to the Criteria forSupplier Management inIndustrial Enterprises.

According to the Criteria forSupplier Management inIndustrial Enterprises, theaudit supplier ratio hasreached 100%

According to the Criteriafor Supplier Managementin Industrial Enterprises,the audit supplier ratiohas reached 100%Audit Supplier Ratio

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

StrategicDirection

OpennessandOppounity

Strategiesand Targets

Indicator

2025 Interim Targets

2025Completion StatuBy 2030, the propoion ofR&D investment to operatingincome shall not be less than3%.The incidence rate of majorfood safety incidents is zero.

The incidence rate of majorfood safety incidents is zero

The incidence rate ofmajor food safetyincidents is zeroThe incidence rate ofmajor food safetyincidents

Propoion of R&Dinvestment to operatingincome

The propoion of R&Dinvestment to operatingincome shall not be less than1%

The propoion of R&Dinvestment in operatingrevenue reaches 1.10%

StrategicDirection

Win-Win

for All

Strategiesand Targets

Indicator

2025 Interim Targets

2025Completion Statu

By 2035, the propoion offemale board members andfemale senior executivesshould not be less than 50%.TBy 2035, employeesatisfaction will not be less than

85%.

Employee engagement andsatisfaction increased by

1.5% in 2025 compared with

the previous year.

Employee engagementand satisfaction increasedby 2.36% in 2025compared with theprevious year.Employee Satisfaction

Enhancing Women'sLeadership

The propoion of femaleboard members and femalesenior executives should notbe less than 30%.

Female board memberpropoion 33%, femalesenior executivespropoion 42%

By 2035, customer satisfactionwill not be less than90%;Customer complaintresolution rate reaches 99%.

Customer satisfaction

Customer satisfaction ratenot less than 85%;

Customer satisfactionrate not less than

85%;Customer complaint

resolution rate reaches

97%

PAGE

Sustainable Development Practice PeormanceSDGsWufangzhai's Sustainable Development Practices for 2025

Charitable Donations of RMB 1.2776 millionFrom 2003 to the end of 2025, the cumulative charitable donation amount reached RMB 26.7028 million (incompletestatistics including in-kind donations)Procuring from Farmers, Boosting Rural Income by Over RMB 100 million

R&D investment: RMB 24.5724 millionR&D team: 112 Persons, accounting for 3.14 %Cumulative number of authorized patents: 163 Items

Proposals reviewed and approved by the worker’s congress: 13 Items

Localization rate of suppliers: 40.77 %, Propoion of procurement from local suppliers: 47.64 %, Total volunteer activitypaicipation hours: 114 Hours

Wastewater discharge meets standards at 100 %Water consumption in 2025 decreased by 28.73 % compared with that in 2024.

Specialized Training on Customer Complaint Response: Conducted 10 times, with 748 paicipants, totaling 22.6 hours.Number of information security and privacy protection violation incidents: 0

Pollutant concentration in waste gas emissions meets standards at 100 %Noise management achieves 100 % compliance ratePromote green packaging, such as Bamboo-for-Plastic and sugarcane bagasse recycled packaging

Number of major product and seice incidents: 0 Cases；Ceied by ISO 9001, ISO 22000, GB/T33300, and HACCPsystems；Conducted 1 internal quality audit annually, with 1,274 samples sent to third-pay institutions for inspection；Organized 13 quality training sessions, involving 914 paicipants, totaling 23.1 hours；Repoed 0 work safety incidentsRectication Rate of Investigated Potential Safety Hazards is 100 %；Product recall and complaint incidents 0 cases；Investment in production safety RMB 3.4826 million

Independent directors account for 33.33 %；The Board of Directors reviewed and approved 93 proposals, with a meetingattendance rate of 100 %；Shanghai Stock Exchange Information Disclosure Class A；The implemented share repurchaseamounted to RMB 59.3996 million. The total amount of cash dividends (proposed to be implemented) and share repurchasesreached RMB 153.9054 million, accounting for 126.55 % of the net prot attributable to shareholders of the listed company inthe consolidated nancial statements for 2025；Vendor "Anti-Commercial Bribe Clause" signing rate is 100 %

Providing rural villagers with employment oppounities in agricultural product cultivation and haesting, oering over2,000 villagers in Anji County job positions related to bamboo products, including 1,200 women and 23 individuals withdisabilities

Employee training investment RMB 0.3514 millionTotal number of training sessions reached 170 sessions for employees, total training duration of 30,565 Hours

Company labor contract signing rate: 100 %New occupational disease cases: 0

Company PV project installed capacity: 4.62 MW, annual electricity generation in 2025: 234.71 kWh, reduction in GHGemissions: 1,290.88 tCO2e

Employee welfare expenditure RMB 24.9077 million

Percentage of female employees 70.87 %Return-to-work rate after maternity leave is 67.14 %Number of employees enjoying maternity leave is 70 PersonsEnvironmental protection investment RMB 1.6297 millionProvincial-level green factoEnvironmental training sessions: 10, paicipants: 600, total hours: 1,200

Product carbon footprint verication has been conductedOptimization of multiple production processes to enhance energy eciency and reduce emissions

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Sustainable Development GovernanceSustainable Development Management Framework

The Company's sustainable development management framework is a four-tier "Decision Making –Management–Coordination–Implementation"structure led by the Board of Directors. It includes the Strategy and Sustainable Development Committee, the Sustainable Development Oce, theSustainable Development Secretariat, and various depaments at the execution level.The Board of Directors sees as the highest decision-makingbody for the Company's sustainable development eos, responsible for making major decisions such as the Company's sustainable developmentstrategy. The Strategy and Sustainable Development Committee is tasked with assessing relevant risks and oppounities, providing decision-mak-ing suppo to the Board of Directors. The Sustainable Development Oce is responsible for coordinating and advancing daily sustainabledevelopment-related work. The Sustainable Development Secretariat handles cross-depamental coordination, implementation planning, andregular repoing. The execution working group, composed of representatives from various functional depaments and subsidiaries, is responsiblefor the specic implementation of tasks and the achievement of goals, with the peormance of execution personnel linked to ESG metrics.The Company proactively identies and manages ESG-related risks. Through eective control of such risks, it continuously enhances its capacityfor sustainable development and comprehensive value creation.

Team Professionalism Building

The Company organized ESG-specic learning sessions for management and employees, inviting both internal and external expes to providetraining. Various depaments of the Company conducted gap analyses on internal sustainability eos by benchmarking against global ESGguidelines and domestic and international rating standards, and developed improvement plans and solutions to continuously enhance under-standing and capabilities in ESG. During the repoing period, the Company conducted a total of 4 ESG-related training sessions.

Review, approve, and update sustainability guidelines, policies, strategicobjectives, and plans;Authorize the Strategy and Sustainable Development Committee to reviewand make decisions on the sustainability strategy, objectives, and actionplans;Review the Company's annual sustainability repo and other relateddisclosure documents.Decision-

makingLevel

Assess and identify risks and oppounities related to corporate sustain-able development, evaluate climate change risks, and formulate theCompany's carbon neutrality strategy, goals, and sho-, medium-, andlong-term plans;Evaluate the Company's major sustainability matters and oversee thecompletion of the Company's sustainability goals;Develop sustainable development goals and budget planning;Review sustainability peormance plans for each depament.

Structure

PersonnelComposition

Responsibilities

Board ofDirectors

All Directors

Strategy andSustainabilityCommittee

Li Jianping (Chair),Ma Jianzhong,ChenChuanliang,Wangwenbin,Wang Miao

ExecutionLevel

Coordinate and advance the implementation of the Company's dailysustainability management related tasks;Regularly repo to the Board of Directors on the implementation ofsustainable development initiatives;Assist various depaments in formulating sustainable development goalsand plans;Provide recommendations to the Board of Directors for setting theCompany's sustainable development goals and strategic directions.

ManagementLevel

Structure

PersonnelComposition

Responsibilities

Sustainability

Oce

Wei Rongming(Director), Wang Wei(Deputy Director), YuYingqian (DeputyDirector)

Responsible for coordinating the planning, promotion, and implementa-tion of sustainability eos across various depaments;Conduct regular sustainability meetings and work repos;Organize various sustainability-related training sessions;Prepare sustainability repos to ensure the authenticity, accuracy, andtimeliness of the Company's sustainability repo information.OrganizationalLevel

Sustainability

Secretariat

Heads of all functionaldepaments andrst-level depamentsshall be responsible forcoordinating andadvancing sustainabledevelopment-relatedmatters, in collaborationwith the Pay-MassWork Depament. XuZhe, Director of the ESGCenter, shall overseeoverall coordination andimplementation.

Formulate sustainable development work objectives and plans, andspecically implement related sustainable development tasks;Develop depamental sustainability-related peormance plans, andimprove depamental sustainability-related systems;Manage relevant sustainable development peormance data to ensure itsaccuracy, authenticity, and timeliness;Align with other sustainability-related initiatives of the Company.Sustainability

ExecutionWorking Group

Composed of executivepersonnel and liaisonpersonnel from eachdepament

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

StakeholdersKey Focus AreasResponses of the Company

PAGE

Communication with Stakeholders

Analysis of Materiality Issues

The Company deeply integrates ESG concepts into the entire production and operation process. By strengthening regular communication withstakeholders, it systematically identies key ESG management issues and uses these as a foundation to continuously optimize the managementsystem and practical approaches, promoting the synergistic advancement of corporate value and social sustainable development goals. In 2025,the Company conducted its rst specialized stakeholder suey questionnaire, providing stakeholder perspectives to inform ESG managementdecisions.

The Company, in accordance with the requirements of the Guidelines No. 14 of Shanghai Stock Exchange for Self-Regulation of Listed Companies—Sustainability Repo (Trial) and other relevant standards and guidelines, based on the actual situation of its production and operations, compre-hensively identies stakeholders and assesses materiality issues through methods such as indust research and expe discussions.

StakeholdersKey Focus AreasResponses of the Company

Customer

Food R&D InnovationPeecting the Quality SystemEnhancing After-Sales Seice

Food Taste and SafetyFood Nutrition and HealthCustomer Rights ProtectionQuality Customer SeiceProtection of Employee Rights and InterestsOccupational Health and SafetyEmployee Promotion and DevelopmentEmployee Welfare Care

Improve safety production management

Optimize Compensation and BenetsDevelop diverse vocational trainingClarify career development pathsEnrich employee activities

Protection of Employee Rights and InterestsOccupational Health and Safety

Employee Promotion and DevelopmentEmployee Welfare CareSocial ContributionLow-carbon Environmentally Friendly

Cultural Heritage

Paicipation in Public Welfare Activities

Responding to Rural RevitalizationImplementing Energy-Saving Technological Upgrades

Inheritance of Intangible Cultural Heritage

Social ContributionLow-carbon Environmentally Friendly

Cultural Heritage

Investment ReturnsRisk ManagementCorporate GovernanceInvestor Rights and Interests Protection

Corporate Governance StandardsComply with Information DisclosureInvestors Communication

Investment ReturnsRisk ManagementCorporate GovernanceInvestor Rights and Interests ProtectionBusiness EthicsSupply Chain ManagementIndustrial CollaborationSupplier Empowerment

Conduct Responsible Procurement

Strengthen Supplier ManagementEngage in Indust Exchange and Cooperation

Business EthicsSupply Chain ManagementIndustrial CollaborationSupplier Empowerment

Pay Taxes in Accordance with the Law

Promote EmploymentCompliant OperationBusiness EthicsRural Revitalization

Strengthen Corporate Governance

Enhance Risk ControlFulll Tax Obligations

Shareholdersand Investors

Supplier

Government andRegulato Authorities

Materiality Issues Analysis Process

Employees

The General Public

The Company analyzes the external objective environment and internal business activities in light ofnational policies, indust trends, and corporate strategies, identifying and understanding keystakeholders.Use the 21 issues set out in the the Guidelines No. 14 of Shanghai Stock Exchange for Self-Regulation of ListedCompanies—Sustainability Repo (Trial) as the basis for the issue list, supplemented by indust-specic charac-teristics and the Company's value chain, to rene the list of impoant topics.

Understanding the Context ofCompany Activities and BusinessRelationships

Based on the characteristics of the indust in which the Company operates and its business activities,conduct stakeholder sueys, peorm statistical analysis on the collected valid questionnaire data, and,considering input from internal management and external expes, evaluate the impoance of topics fromtwo dimensions: "Financial Materiality to the Company" and "Stakeholders Materiality."Materiality Assessment andConrmation

Develop a list of issues

Issue RepoBased on the assessment results of the materiality of the issues, form an Materiality Issue Matrix.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Environmental Compliance Management, Food Quality and Safety, Occupa-tional Health and SafetyAddressing Climate Change, Innovation-driven Development, Supply ChainSecurity

Employee Rights & Insterests and Development, Customer Rights & InterestesProtectionPollutant Discharge, Waste Management, Energy Utilization, Ecosystem andBiodiversity Conseation, Circular Economy, Water Resource Management,Information Security, Rural Revitalization, Equal Treatment of Small andMedium-sized Enterprises (SMEs), Social Contribution, Nutrition and Health,Communication with Stakeholders, Anti-Commercial Bribe and Anti-Cor-ruption, Anti-Unfair Competition, Due Diligence

1. The Company’s business operations have not had a signicant impact on ecosystems or biodiversity. Therefore, we have not yet provided

detailed disclosures on this topic.

2. The Company’s business scope does not involve scientic research, technology development, or other activities in ethically sensitive elds

such as life sciences and aicial intelligence. Therefore, “Technology Ethics” has not been included among the material topics.

Materiality Issue MatrixAnalysis Results of Issues Materiality

Materiality StatementIssue

Dual MaterialityFinancial Materiality

Financial MaterialityImpact Materiality

Impact MaterialityGeneral Mateiriality

Financial Materiality to the CompanyHigh Materiality

Addressing Climate Change?Environmental Compliance Management?Circular Economy?Energy Utilization?Water Resource Management?

Pollutant Discharge?Waste Management?Ecosystem and Biodiversity Conseation?

Employee Rights and Development?Information Security??Innovation-Driven??Food Quality and Safety??

Customer Rights and Interests Protection??

Equal Treatment of Small and Medium-sized Enterprises (SMEs)??Social Contribution??Nutrition and Health??Rural Revitalization??Supply Chain Security??Occupational Health and Safety (OHS)??

Communication with Stakeholders??Anti-Commercial Bribe and Anti-Corruption??Anti-Unfair Competition and Due Diligence??

Economic, Environmental and Social ImpactHigh Materiality

Note:

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Wufangzhai strictly adheres to laws, regulations, and regulatorequirements, including the Company Law of the People's Republic ofChina, the Securities Law of the People's Republic of China, the Code ofCorporate Governance for Listed Companies. With upholding thePay building leadership as the core guiding principle, the Compa-ny continuously renes its governance system. By consistentlyimproving compliance management, internal control, and riskmanagement mechanisms, Wufangzhai eectively strengthens itsrisk prevention and control capabilities, enhances overall gover-nance eciency, and rmly safeguards the legitimate rights andinterests of the Company and all shareholders. This has laid a solidfoundation for the Company's standardized operations and sustain-able development.

PAGE

Harmony in Five Elements:

The Philosophy of Governance

SDGs

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Corporate Governance Standardize

The Company has established a modern governance structure with clear responsibilities, authority, and ecient operations. This structure positionsthe general meeting of shareholders as the supreme authority, the Board of Directors and its specialized committees as the decision-making core,and the management as the executive body. During the repoing period, the Company strictly completed the adjustment of the board of supei-sors in accordance with laws and regulations, fuher improving the governance structure and consolidating the foundation for compliant gover-nance.

Shareholders' MeetingWufangzhai strictly complies with laws and regulations such as the Company Law of the People's Republic of China and the Rules Governing theListing of Stocks on the Shanghai Stock Exchange, as well as the requirements of the Aicles of Association and the General Meeting of ShareholdersRules of Procedure, to standardize the convening and holding of shareholders' meetings. The meetings adopt a combination of on-site voting andonline voting, and lawyers are invited to attend as witnesses and provide legal opinions, eectively safeguarding all shareholders' rights to informa-

Key PeormanceDuring the repoing period, the Company held 3 regular shareholders' meetings, including 2 extraordina shareholders'meetings, reviewing and approving 33 proposals.

During the repoing period, a total of 8 meetings of The Board of Directors were held, during which 03 proposals were reviewedand approved, with an attendance rate of 100 %. 1 meetings of the Strategy and Sustainability Committee were held, duringwhich 4 proposals were reviewed and approved; 8 meetings of the Audit and Compliance Committee were held, during which 17proposals were reviewed and approved; 2 meetings of the Remuneration and Appraisal Committee were held, during which 3proposals were reviewed and approved; 2 meetings of the Nomination Committee were held, during which 3 proposals werereviewed and approved.

Board of DirectorsThe Company's Board of Directors strictly adheres to the Board of Directors Rules of Procedure , is accountable to the shareholders' meeting, andearnestly implements all resolutions passed by the shareholders' meeting. The number and composition of the Board members comply with regula-to requirements. All directors diligently fulll their duties, attend meetings conscientiously, actively paicipate in relevant training, and continuous-ly enhance their capabilities in peorming their roles. The Board has established four specialized committees: the Strategy and SustainabilityCommittee, the Audit and Compliance Committee, the Remuneration and Appraisal Committee, and the Nomination Committee. Each committeestrictly follows its corresponding working rules, leverages its professional expeise to conduct prudent assessments of the Company's majormatters, and provides strong suppo for the Board's scientic decision-making.

General Meeting of Shareholders

Board of DirectorsBoard of Directors' OcePay CommitteeTrade UnionPay-Mass Work Depament

Operation & Management TeamChain Store Business Division

Commerce & Trade Business Center

E-commerce Business CenterInternational Business Center

Wuhan Food Company

Chengdu Food CompanyKey Account & New Business CenterSupply Chain CenterFood Research InstituteCentralized Procurement CenterStrategic Marketing Depament

Finance DepamentHuman Resources DepamentDigital Development Depament

General Manager's Oce

Legal & Food Safety Depament

Treasu Management Depament

Strategy and SustainableDevelopment CommitteeRemuneration andAssessment CommitteeNomination CommitteeAudit and Compliance CommitteeAudit Depament

Key Peormance

tion, paicipation, and voting on major Company matters. This ensures that the legitimate rights and interests of shareholders, especially minorityshareholders, are eectively exercised. All resolutions of the shareholders' meetings comply with legal, regulato, and supeiso requirements,with lawful procedures and valid outcomes, providing a solid governance foundation for the Company's scientic decision-making and standard-ized operations.

2026 Wufangzhai Organizational StructureGovernance Layer

Operation & Management Layer

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Key Peormance

During the repoing period, a total of 2 special meetings for independent directors were convened, reviewing and approving 4proposals.

PAGE

Board of Directors DiversityThe Company values the diverse backgrounds of its board members and scientically plans the composition of the board in terms of professionalexperience, indust background, and areas of expeise. The board members bring together professionals from various elds, including membersof the Chinese Communist Pay and the China Democratic League, among other diverse backgrounds. The Company is committed to enhancingthe comprehensiveness and scientic nature of decision-making through reasonable congurations of gender, age, and expeise, therebystrengthening the board's overall perspective and inclusivity.

Independence of the Board of DirectorsThe Company has established and improved the Independent Director Working System, which claries that independent directors have duciaand diligent duties to the Company and all shareholders, requiring them to peorm their duties independently without inteerence from theCompany's major shareholders, actual controllers, or other interested paies.Independent Directors on the Board of Directors play roles in decision-making paicipation, checks and balances, and professional consulting.They focus on potential major conicts of interest between the Company and its controlling shareholders, actual controllers, directors, and seniormanagement, ensuring they can independently and objectively provide professional opinions on matters such as related pay transactions, majordecisions, and issues involving shareholders' rights and interests.The Company has also established Special Meetings of Independent Directors tofuher guarantee that Independent Directors peorm their duties independently and eciently. This ensures that Board decisions align with theoverall interests of the Company, eectively safeguards the legitimate rights and interests of minority shareholders, and provides professional andobjective strategic advice for the Company's operation and development.

Board of Directors Eectiveness EvaluationThe Company consistently focuses on the overall operational eectiveness and professionalism of the Board of Directors. By optimizing its memberstructure and improving its procedural rules, the Company continuously enhances the quality of strategic decision-making and risk oversight by theboard. The Board of Directors and its specialized committees strictly adhere to regulato requirements and internal bylaws in caring out theirwork, ensuring that the corporate governance mechanism operates in a standardized and scientically sound manner, thereby providing a solidgovernance foundation for the Company’s long-term stability and sustainable development.Remuneration Management for Senior Executives

The Company has formulated the Remuneration Management System for Directors and Senior Executives, which denes the composition ofremuneration for directors and senior management. During the repoing period, the Board of Directors reviewed and adopted the Proposal on the2025 Annual Remuneration Plan for Senior Executives of the Company. The 2025 annual remuneration plan for directors, supeisors and seniorexecutives was formulated based on the Company’s actual operating conditions, market environment and the peormance of relevant personnel,with reference to indust remuneration levels, forming a remuneration system compatible with the Company’s development stage and marketpositioning.

Board of Directors Diversity Composition

Age Structure

Independent DirectorsNon-Independent Directors

3 Persons6 PersonsGender StructureMaleFemale

6 Persons3 Persons41-50 years old51-60 years old

61 years old and above

2 Persons2 Persons5 PersonsEducational Background StructurePhDMasterBachelor's degree and below

2 Persons4 Persons3 Persons

Protection of Investors' Right and InterestsInvestor Relations ManagementThe Company places a high priority on investor relations management, strictly adheres to the Investor Relations Management System, and iscommitted to communicating the Company's value and safeguarding the rights and interests of investors through high-quality communication. TheCompany has established diversied communication channels and actively engages in in-depth exchanges with investors through methods suchas holding shareholder meetings and organizing peormance briengs. At the same time, the Company relies on channels such as the investorhotline, email, and the SSE e-Interaction platform to provide timely responses and communication regarding investor concerns, eectivelysafeguarding the right to information of investors. Additionally, the Company provides feedback on reasonable suggestions from investors to themanagement, promoting a positive two-way interaction.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Information Disclosure Management

The Company strictly adheres to laws and regulations such as the Company Law of the People's Republic of China, the Securities Law of the People'sRepublic of China, the Administrative Measures for Information Disclosure of Listed Companies and the Rules Governing the Listing of Stocks on theShanghai Stock Exchange, as well as the provisions of the Company's Aicles of Association. It earnestly fullls its information disclosure obligationsand continuously improves its information disclosure management system. The Board of Directors eectively assumes prima responsibility forinformation disclosure, strictly controls the quality of disclosures, and ensures that all disclosed information is truthful, accurate, complete, timely,and fair, with no false records, misleading statements, or signicant omissions. This has eectively enhanced the Company's standardized opera-tions and market transparency.The Company rigorously implements the Internal Information Insider Registration Management System, continuously carries out the registration,ling, and condentiality of internal information insiders. Throughout the year, no illegal or non-compliant activities, such as the leakage of internalinformation or insider trading, occurred, eectively safeguarding the compliance of information disclosure and market credibility.

Note: Data for 2023 and 2024 represent actual dividend amounts.

Strengthen Risk ManagementRisk Management System

The Company attaches great impoance to comprehensive risk management. It has formulated the Enterprise Risk Management Manual, whichclaries risk management objectives, principles, key concepts, assessment tools, and responsibilities at all levels, providing systematic safeguardsfor compliant and stable operations. The Company has established a closed-loop management process covering risk identication, analysis,assessment, response, and monitoring. Through standardized frameworks and operational procedures, it achieves full-process control, enhancesrisk early warning and response capabilities, reduces operational risks, and ensures the achievement of strategic goals. Additionally, the Companycontinuously updates risk management outcomes to consistently improve overall risk awareness and peormance capabilities.

Formulate Risk Strategies and Plans

RiskLevelRiskCriteriaRiskIdentication

Collect Risk Information

Develop Risk Control MeasuresRisk Management Operation and Dynamic Monitoring

Conduct Risk Identication and Assessment

Key PeormanceDuring the repoing period, the Company responded to questions on the SSE e-Interaction platform 84 Times; held peormancebriengs 3 Times; and conducted online/oine research and paicipated in strategy meetings 5 Times.

Key PeormanceDuring the repoing period, the Company disclosed a total of 4 periodic repos and 84 interim repos. In regulato evaluations,the Company was rated Class A for information disclosure by the Shanghai Stock Exchange.

Cash Dividend Distribution in the Past Three YearsKey PeormanceUnit202320242025(Proposed)

Cash dividend per 10 shares (including tax)Total Cash Dividends (Including Tax)

RMBRMB 10,000%

13,904.44

83.89

9,675.72

68.07

Propoion of the net prot attributable to shareholdersof the listed Company in the consolidated statements

9,450.59

77.71

Risk Management Organizational System

Risk Management Oversight and Improvement

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

In 2025, the Company implemented share repurchases via centralized bidding with cash as consideration, totaling RMB 59.3996 million (excludingtransaction fees such as stamp duty and trading commissions). The total amount of cash dividends and share repurchases amounted to RMB

153.9054 million, accounting for 126.55% of the net prot attributable to shareholders of the listed company in the consolidated nancial

statements for 2025.

PAGE

Related Pay Transactions ManagementThe Company has formulated and implemented the Related Pay Transactions Decision-Making System, strictly adhering to relevant regulationsand clearly dening the review, disclosure, and execution procedures for related pay transactions. The aim is to ensure fair transactions andtransparent procedures, safeguarding the legitimate rights and interests of the Company and all shareholders, paicularly minority shareholders.

Anti-Commercial Bribe Management

The Company adheres to integrity in its operations and maintains a "zero-tolerance" stance towards corruption. Through various means such as theEmployee Handbook, the issuance of rules and regulations, and training sessions, the Company continuously promotes anti-fraud policies andethical standards to all employees, ensuring they are well-informed and comply with regulato requirements. At the same time, the Companyclearly communicates its commitment to integrity to all stakeholders, including customers and suppliers, through forms such as "Integrity Agree-ments," ensuring that anti-corruption management policies comprehensively cover the entire business value chain.

Strengthening Internal ControlThe Company has established a comprehensive internal control system, strictly adhering to laws and regulations, and formulated the InternalControl Manual, which covers key business processes such as procurement, sales, invento, nance, contracts, and information security. Thisensures that the internal control system aligns with the Company's strategy, business operations, and risk levels. The Company continuouslyoptimizes process design, claries control points and responsibilities, and strengthens management of critical business and high-risk areas.Additionally, a regular evaluation and update mechanism has been established to dynamically rene internal control procedures and measures,ensuring compliance in operations and management, safeguarding assets, and maintaining the authenticity and reliability of nancial information.During the repoing period, the Company continued to enhance its internal control system by strengthening institutional development and processoptimization. Throughout the year, the Company introduced 18 new regulato documents, revised and optimized 21 existing ones, and abolished1 outdated or redundant document. Through internal control self-assessments and special inspections, no material deciencies in internal controlsrelated to nancial or non-nancial repoing were identied.

Standardizing Tax ManagementThe Company has established a tax management system based on the Tax Management Operation Standards and the Tax Risk Internal ControlMeasures, clarifying that tax management covers all processes, standardizing the handling of tax matters for the Company and its subsidiaries andbranches, and laying a solid foundation for compliance and collaboration. In terms of the management structure, the Company has set up a TaxDepament under the Finance Center as the dedicated tax management authority, with the nance centers of each subsidia and branch seingas the corresponding depaments responsible for implementing tax-related duties within their respective units. At the same time, hierarchicalresponsibilities are clearly dened: the General Manager reviews and approves tax plans, while the Finance Center is responsible for researchingscal and tax policies, conducting tax inspections, handling corporate income tax settlement and payment, and other tasks, thereby avoidingunclear responsibilities and management confusion.In daily management, the Company implements full-process tax control and regularly conducts tax health checks. Since signing the Tax ComplianceCooperation Agreement with the Zhejiang Provincial Tax Seice,State Taxation Administration in 2019, the Company has maintained an excellentcompliance record. In terms of capacity building, the Company strengthens professional capabilities through "internal and external development":

internally, the Finance Center leads the organization of scal and tax training; externally, the Company paicipates in indust discussions. Simulta-neously, the Company optimizes processes to achieve standardization in tax management, dynamically monitors the implementation of regula-tions, standardizes tax data management, and regularly evaluates risk control mechanisms and tracks issue resolutions through the Finance Center,ensuring comprehensive and eective tax management compliance.

Business EthicsThe Company consistently adheres to the principles of integrity in operations, strictly upholds business ethics, and maintains a "zero-tolerance"stance towards all forms of corruption. Based on internal policies such as the Anti-Fraud and Repoing Complaint Management System and theAnti-Commercial Bribe Provisions, an anti-fraud work mechanism has been established. The Board of Directors is responsible for supeision andauthorizes the Audit and Compliance Committee to guide anti-fraud eos. This includes establishing fraud risk assessment and anti-fraudprocedures, setting up repoing channels, and implementing preventive measures. The Audit Depament, as the core executive depament,operates under the guidance of the Audit and Compliance Committee to car out cross-depamental and cross-level anti-fraud responsibilities,including fraud risk assessment, handling of repos, investigation and resolution, and follow-up tracking. It also assists in promoting anti-fraudawareness and system development, thereby building a comprehensive anti-fraud system that integrates prevention, control, and punishmentthroughout the entire process.The Company has incorporated fraud risk into its overall risk management framework. Management collaborates with various businessdepaments to identify and assess risks simultaneously, focusing on high-risk areas such as commerce and trade and e-commerce sales, as wellas procurement and supplier management, to evaluate the likelihood and impact of risks. By rening control mechanisms such as approvalprocesses, verication, and segregation of duties, anti-fraud requirements are integrated into business systems. Special emphasis is placed onstrengthening internal controls in critical areas such as nancial repoing, management overreach, and information systems to mitigate fraud risks.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Business Ethics Promotion Manual

Watch the Anti-Corruption Promotion Video

Paicipate in the Specialized Training on Internal Control and Anti-Fraud forEnterprises organized by the Shanghai Federation of Social Science Associations

Key Peormance

During the repoing period, the Company organized two anti-commercial bribe and anti-corruption training sessions, with atotal of 147 employees paicipating in business ethics-related training. The total training duration was 9.15 hours, with anaverage duration of 8 hours.The signing rate for the Employee Integrity and Self-Discipline Commitment Letter and the Supplier Integrity Agreement was100 %.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

InitiativesSpecic Content

Paner Supeisionand Collaboration

A Business Ethics Promotion Manual was compiled and printed, widely distributed to variousbusiness paners to clarify integrity standards and behavioral boundaries in cooperation,promoting the formation of a collaborative atmosphere of shared governance in integrity.Establish a regular supplier visit mechanism, concurrently conduct integrity evaluations, andfocus on verifying whether Company employees engage in inappropriate behaviors such asaccepting kickbacks or improperly accepting banquets during business dealings. This aims tostandardize business operations and maintain a fair and just cooperative environment. TheCompany will take measures such as terminating cooperation, pursuing economic liability, andblacklisting suppliers to prohibit future collaboration in response to illegal activities by suppliers(paners), in accordance with laws, regulations, and contractual agreements. We adhere to theprinciples of lawful and compliant cooperation, working together to uphold an honest andhealthy business environment.

Specialized Training

By developing training materials and learning platforms, and organizing relevant personnel topaicipate in specialized training on internal control and anti-fraud conducted by externalprofessional institutions, the ability to identify risks and the level of compliance in peormingduties are enhanced through cutting-edge legal practices, case law references, and digitalcompliance strategies.

InitiativesPublic Advocacy

Specic ContentProduce Business Ethics Promotion Manual and broadcast anti-corruption promotional videosto strengthen the integrity and self-discipline awareness of all employees in an intuitive andvivid manner.

PAGE

Repoing and Repoer ProtectionTo safeguard legitimate rights and interests, ensure the healthy development of business operations, and foster a clean and impaial workingenvironment, the Company has established an anti-fraud repoing and reward mechanism. This encourages all employees and external paiesengaged in economic relationships with the Company to actively repo fraudulent and non-compliant activities. Relevant individuals may submitrepos either anonymously or with their real names through on-site submissions at the Audit Depament, designated repoing email addresses,or written correspondence. The Audit Depament assigns dedicated personnel to receive and handle repoed information, promptly categorizing,registering, and conducting prelimina investigations upon receipt. If the repoed information is veried as true, the repoer will receivecorresponding rewards based on the nature of the matter and the value of the information provided. Case materials will be promptly led andarchived, and investigation results will be repoed in accordance with regulations, followed by corrective actions, disciplina measures, or referralto judicial authorities as appropriate.The Company concurrently implements measures to protect repoers, strictly maintaining condentiality regarding their identity and repoedmaterials. Any form of discrimination or retaliation is strictly prohibited. Individuals found to have disclosed information improperly or engaged inretaliato actions will face disciplina actions, including warnings, dismissal from positions, or termination of employment contracts. Cases involv-ing suspected illegal activities will be referred to judicial authorities. The investigation of repos is conducted by the Audit Depament inaccordance with the principles of independence, objectivity, fairness, and professionalism.

Chain Myste Shopper Training

Responsible Marketing

The Company strictly adheres to the Adveising Law of the People's Republic of China and relevant regulations, formulates and implements thePublicity Management System Standards, and practices responsible marketing. The Company designates the Strategic Marketing Depament touniformly oversee the review of external brand communications and adveising content, as well as the standardized management and training ofmarketing formats and content, ensuring that publicity workows are standardized and the content is truthful, accurate, and complete.The Company has established an external information approval mechanism, following the "Two-reviews, Two-proofreading" principle for contentreview and implementing categorized approvals: daily information is approved by platform catego, while impoant information undergoescentralized approval. All information released in the Company's name must comply with laws and regulations, avoiding exaggerated claims, disclos-ing Company secrets, or infringing on third-pay intellectual propey rights. This continuously improves the marketing content review system andupholds the Company's integrity responsibility to consumers and the market.

Anti-Unfair Competition and Anti-MonopolyThe Company strictly complies with the Anti-Unfair Competition Law of the People's Republic of China and the Anti-Monopoly Law of the People'sRepublic of China, adheres to the principle of fair competition, and explicitly prohibits and prevents paicipation in any unfair competition ormonopoly activities that undermine market fairness. To strengthen related compliance management, the Company has established a specializedworking group for anti-unfair competition and anti-monopoly, led by the Legal & Food Safety Depament and implemented by the Legal Depa-ment, to promote the implementation and supeision of relevant policies.The Company enhances the compliance awareness and practical capabilities of all employees through Business Ethics Promotional Manuals andspecialized training. The training content covers key areas such as the legal framework, regulato targets, behavioral identication, and legal

Key PeormanceDuring the repoing period, the Company organized training on anti-unfair competition and anti-monopoly for employeesthrough an online training platform, with a total of 32 employees paicipating and a cumulative training duration of 8.1 hours.

RepoingChannels

On-site Repoing and Complaintsto the Audit Depament

Email: wfzjubao@wufangzhai.com

responsibilities of anti-unfair competition and anti-monopoly. In line with the Company's actual operations, the compliant use of trademarks isincluded as a key module. Through case studies and practical analysis, employees are guided to gain a deeper understanding of legal require-ments, eectively prevent risks such as trademark infringement and counteeiting, and improve the Company's overall compliance level and brandprotection capabilities in market competition. During the repoing period, the Company did not experience any incidents related to unfair compe-tition or anti-monopoly violations.

During the repoing period, Wufangzhaiorganized regular "myste shopper"experience activities, providing culturalexplanations of seasonal foods, demon-strations of innovative ways to enjoythem, and cooking instruction sessions.These eos eectively educatedconsumers about traditional culinaknowledge, enhancing product experi-ence and value perception.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

“Pay-Building Coordinate” Working Model of Wufangzhai’s Pay-Building Brand

Practicing the Brand Philosophy of the “Three Aspirations, Integrities, and Commitments”

Pay Member Pioneering Positions Pay Member Responsibility ZonesOutstanding Pay Branches Pay Member Demonstration StoresHonorable Shifts and Teams

Pay Member Campaign Themed “Commitment and Accountability”Establishing the “Three” IdeologicalCoordinates for Pay Building

Launching the “One” PayMember Brand-Themed Initiative

Creating “Five” Platform-Based Carriers

The "Five Fang Unity" Brand Matrix

PAGE

Pay Organization Structure

Uphold the Leadership of Pay BuildingThe Leadership of Pay BuildingThe Company adheres to integrating Pay Building leadership into all aspects of corporate governance, establishing an organizational system ledby the Company's Pay Committee, with eight directly aliated Pay branches under it, and implementing dual management of the Pay branchesof subsidiaries, ensuring full coverage and eective extension of Pay organizations.The Company places great emphasis on Pay building work, formulating the Wufangzhai Pay Committee 2025–2027 Three-Year Plan, whichclaries the key priorities, main tasks, and specic measures for future work, providing a roadmap for high-quality Pay building to lead theCompany's development.

Zhejiang WufangzhaiIndustrial Co., Ltd.PayCommittee

Pay Branch of the Group Company (1st Branch)Pay Branch for Board of Directors Management (2nd Branch)Pay Branch for Administrative Management (3rd Branch)Pay Branch for Supply Chain (4th Branch)Pay Branch for Sales (5th Branch)Pay Branch for R&D, Quality Control and CentralizedProcurement (6th Branch)Pay Branch for Chain Store Operations (7th Branch)Retiree Pay Branch (8th Branch)Wuhan Wufangzhai Food Trade Co., Ltd.Pay BranchChengdu Wufangzhai Food Co., Ltd.Pay BranchWufangzhai Baoqing Rice Indust Co., Ltd.Pay Branch

Directly Aliated PayBranches of the Company

Dual Management of PayBranches

Key PeormanceDuring the repoing period, the Company had 1 Pay Committee, a total of 11 Pay branches, and 318 Pay members. A totalof 4 Pay Committee meetings were held, and each Pay branch conducted 34 general Meetings of Pay members.

P

ay-

Building

B

ra

n

d

Unity ofWufangzhai

WufangzhaiforIntegrity

Wufangzhai

forRecognitionWufangzhaiforGoodness

Wufangzhai

Womenin Bloom

Wufangzhai

in Action

Trad

e

U

n

io

n

Br

an

d

P

u

b

li

c

W

e

l

f

a

r

e

B

rand

C

iv

ilized

Wo

rkp

la

ce

B

r

a

n

d

Y

o

u

t

h

Vol

u

n

t

e

e

r

S

e

ice

B

ra

n

d

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Pay Building BrandThe Company has advanced the construction of its Pay building brand, establishing the core Pay building brand "Fangxin:Fullling Commit-ments" and proposing the communication concept of "Fangxin to the Pay, Upholding the City and Fullling Promises." It strives to build an integra-

tion-oriented and leading Pay building brand system and has innovatively established a “Red Three-Dimensional Coordinate” Pay building workmodel, forming a new pattern of Pay building brand with distinctive concepts, a complete system and innovative models, which has eectivelyenhanced the leading role and inuence of Pay building work.

PAGE

Wuhan Pay Branch Launches "July 1st Red Study Tour"

Pay Building ActivitiesThe Company's Pay Committee has standardized the implementation of systems such as the "Three Meetings and One Lecture" and themed PayDay activities, leveraging the 11 Pay branches to create "one branch, one distinctive feature," and innovatively caring out diverse organizationalactivities. Throughout the year, dozens of activities were conducted, including theoretical study, revolutiona education, and volunteer seice. Thebranches collectively held 34 general meetings of Pay members, 93 branch committee meetings, and 32 Pay lectures, organized 936person-times of Pay member study sessions, and conducted 24 themed Pay Day activities. The paicipation rate of Pay members remainedstable at over 95%, achieving comprehensive and thorough coverage of Pay member learning, and continuously enhancing organizationalcohesion and the advanced nature of Pay members. Simultaneously, the Company has established and improved a regular employee care mecha-nism, conducting hea-to-hea talks through channels such as the "Progress Together 100" union dialogue and the "Pay Committee SecretaDirect Line," gaining a deep understanding of and responding to employee concerns, and fostering a cohesive and aligned organizationalatmosphere.The Pay Committee actively expanded the functions of Pay-building platforms by integrating social responsibility practices, such as green publicwelfare and assistance for the disadvantaged, into themed Pay Day activities. Initiatives such as tree planting, green protection, and garbagecollection along the Yangtze River were organized. By leveraging Pay building to drive mass organization building, the vitality of mass organiza-tions was eectively stimulated, creating a synergy to promote enterprise development and fulll social responsibilities. This approach eectivelytransformed the Pay's political and organizational advantages into the endogenous driving force for the Company's sustainable and high-quality.

During the repoing period, the Company achieved multiple honors in Pay building work. Comrade Wang Wei was awarded the title of"Outstanding Pay Aairs Worker in Jiaxing City," Comrade Chen Chuanliang was recognized as an "Outstanding Pay Aairs Worker in theHigh-Tech Zone," and Comrades Fan Zhuqin and ve others were honored with the title of "Outstanding Pay Members in the High-Tech Zone."

Expanded Meeting of the Pay Committee & Themed Pay Day Activity

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Wu Fang Zhai adheres to the vision of "A leading brand of Chineseseasonal food, with glutinous rice products at its core" persistentlysafeguarding and innovating Chinese culina products. We activelyexplore innovative development paths, providing customers withhigh-quality and delicious food, we carries forward and innovate theChinese nation’s food heritage through concrete actions.

Inheriting Heritage,Innovating for IndustrialExcellece

SDGs

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Promote R&D and innovation

Strategy

Governance

Risk ManagementBy deconstructing strategic plans and annual operational objectives and aligning them with market demands, the Company formulates eectiveand feasible R&D project proposals. It also standardizes and implements management practices related to R&D funding, progress, acceptance,assessment, and condentiality. These measures ensure that limited R&D resources are transformed into product and technological innovationsthat meet market expectations, thereby eectively controlling the risks associated with R&D innovation.

R&D Innovation Organizational Structure

Wufangzhai focuses on the quality and nutrition of food products and adheres to an innovation-oriented approach. It has formulated a series ofR&D and innovation systems, including the Measures for the Approval of New Product R&D, Measures for the Approval of New Process R&D,Measures for the Administration of Design and Development, and Measures for the Feedback of R&D Achievements. The Food Research Institutetakes the lead in conducting R&D of new products under the decision-making of the Board of Directors and the management of the Operation &Management Team, so as to continuously standardize and strengthen the management process of scientic research. In order to fully mobilizeenthusiasm for research and promote the transformation of scientic and technological achievements, the Company implements an innovationincentive mechanism in accordance with the Peormance Management System for R&D Personnel and Measures for the Administration and Rewardof the Transformation of Scientic and Technological Achievements, so as to enhance the Company’s overall innovation initiative.

Board of DirectorsOperation & Management TeamFood Research InstituteProduct Development PlatformTechnical Suppo PlatformPilot Test Workshop

Zongzi Pilot Test WorkshopRice Product Pilot Test Workshop

Risk Catego

Financial Impact

Explanation

ImpactPeriod

Value Chain

SegmentAectedRisk DescriptionCountermeasures

Operational

risks

Revenue DeclineLong-term

Operationsdownstream

The food consumption and cateringmarket is highly competitive. Asconsumer demands diversify andconsumption structures upgrade, ifthe Company's products fail tomaintain innovation, keep up withmarket trends, and meet consumerneeds, it will aect the Company'smarket share.

Centering closely on customerneeds, the Company continues toinvest in R&D and innovation,optimizes its product mix, providescustomers with higher-quality andmore diversied products, andcontinuously strengthens theCompany’s core marketcompetitiveness.

TalentOppounities

Revenueincrease

Long-term

Operationsdownstream

With the rapid iteration of aicialintelligence technology, theimplementation of the Company'sinnovation-driven strategy increasinglyrelies on versatile talents who understandAI technology applications and possesscross-disciplina thinking. If the Companyhas sucient internal talent resees and awell-developed training system, employeecapabilities can suppo theimplementation of the innovation strategyand accelerate the innovation process.

The Company formulates targetedrecruitment plans, focusing onattracting composite talents withboth professional andmanagement skills, conductstraining for existing employees,provides specialized skill training forthe core team, and enhances AIinnovation strategy awarenessamong the management.

OppounityCatego

Financial

ImpactExplanation

ImpactPeriod

Value ChainSegmentAectedOppounity DescriptionCountermeasures

Marketoppounities

Revenueincrease

Long-term

Operationsdownstream

As living standards improve, consumers'demand for healthy foods is graduallyincreasing, with greater attention paid tonutritional content and the use ofadditives. Researching and launchinghealthy food products may help theCompany seize new businessoppounities.

The Company continues to focus onnutrition and health research, andhas innovatively launched a series ofnew products, such as low-sugarmooncakes, that align with the trendof healthy eating, meetingconsumers' diverse andhealth-oriented needs.

Indicators and Targets

Propoion of R&D Investmentto Operating Revenue

%0.741.221.10

Key PeormanceR&D Investment

Unit

Million RMB

2023

19.5279

2024

27.4951

2025

24.5724

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Product Innovation

Rice Cake -Wufang Shanzhen Gift Box

Each product in the gift box contains more thanone medicinal and edible ingredient, such as collacorii asini, dendrobium ocinale, lily bulb, coix seed,ginseng and so on. The gift box features a balancedmix of meat and vegetarian oerings, catering toboth taste preferences and health demands.

The Company has cooperated with Jiaxing Hospitalof T.C.M. to integrate Chinese traditional medicinalfood recipes into the sweet and healthy rice cakes,forming a distinctive series of medicinal and ediblehomology rice cake products.

Eight types of mild and precious ingredients areadded to traditional Qingtuan, creatinghealth-preseing featured Qingtuan.

Medicinal and Edible Homology Product Series

Zongzi -Wufang Tanya Gift Box

Eight Treasures Qingtuan

On the basis of traditional Tangyuan, medicinal andedible ingredients such as dendrobium ocinalepowder, colla corii asini powder and red dates areadded to create healthy Tangyuan products.

Medicinal and Edible Homology Product Series

TangyuanThe Company mainly focuses on the development of high-end, healthy and light food product lines, and continuously upholds innovation in suchtraditional food categories as zongzi products, Jiangnan-style pastries, mooncakes and glutinous rice balls, as well as convenience foods andbaked goods. It has launched a host of nutritious, safe, delicious, healthy and trendy food products to meet consumers' diversied, dierentiatedand health-focused demands.In 2025, responding to the new essential demand of the public for “Healthy Eating”, the Company integrated the concept of “Medicinal and EdibleHomology” into its product DNA. It fully upgraded its entire line of zongzi and non-zongzi products by replacing some traditional raw materials withmedicinal edible ingredients and innovatively adopting low-sugar formulas, enabling seasonal delicacies to inherently feature health-preseingfunctions.

PAGE

R&D and Innovation Achievements

Xylitol is used instead of traditional white sugar inthe production of Tangyuan, meeting the“sugar-free” requirement while preseing productsweetness.Xylitol Series Tangyuan

The Company uses healthy sweeteners to replacetraditional white sugar and maltose, achieving lowsugar content while maintaining a satisfying chewytexture.

Low-Sugar Health-Preseing Product Series

Low-SugarCantonese-Style Mooncakes

Selected organically ceied ingredients are usedto create more than ten avors of organic zongzi,including Organic Quinoa Braised Pork Zongzi,Organic Chestnut Pork Zongzi, Organic LargeYellow Rice & Red Date Zongzi, and Organic Oat,Dendrobium Ocinale & Red Bean Paste Zongzi.

Organic Product Series

Timeless Premium

Organic Zongzi

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Process InnovationThe Company rmly advances the transformation from traditional production to a process-oriented and digital enterprise, continuously strength-ens the integration of process technology innovation and production application, and improves the level of mechanization. Through years ofpractical accumulation and continuous process upgrading, the Company has mastered a number of key technologies including quantitative llingof zongzi, fresh-keeping production, ecient cooking, and automatic vacuum packaging, and has eectively conveed production technologiesinto scientic research achievements.

PAGE

R&D Team BuildingThe Company places high impoance on the echelon construction and professional development of the scientic research team. By continuouslyexpanding the talent resee, optimizing the professional structure of the team, and enhancing the overall scientic research literacy, the Companysystematically builds a talent system for technological innovation. The Company formulates and implements specialized systems such as theScientic Research Personnel Management Measures, establishing a diversied cultivation mechanism that includes training from external profes-sional institutions, internal training by indust expes, on-the-job practice, and cutting-edge technology seminars.

R&D Capability Building

Project NameImprovement ContentOptimization of Color BagInkjet Coding Inspection Process

Improvement of ZongziWrapping and Filling Line

Optimization of ZongziPositioning - Vacuum Process

By adding equipment, the post-coding inspection process for color bags has been upgradedfrom the original manual labor-intensive mode to online screening with CCD (vision) cameras,which not only ensures the product qualication rate but also improves operational eciency.The operation process after zongzi positioning has been improved: the zongzi positioningprocess is eliminated, and after cooking, the products are cooled directly in the original basketfollowed by vacuum lling, so as to reduce energy consumption.Through process improvement, pa of the workshops have been transformed intosemi-automated equipment workshops. Specically, the original manual mode with zongzilling barrel mode has been upgraded to an automatic rice feeding and lling production lineoperation mode, increasing zongzi wrapping eciency by approximately 30%.

FemaleMale

PersonPerson

Below Bachelor's DegreeBachelor's DegreeMaster's degree and above

PersonPersonPerson

By educational background

Under 30 years old (excluding 30 years old)30-40 years old (including 30 years old, excluding 40 years old)

40-50 years old (including 40, excluding 50)

50 years old and above

PersonPersonPersonPerson

By Age

By gender

Construction of R&D Platforms

The Company actively builds high-level technological R&D platforms to drive product innovation and technological transformation innovation.After years of development, it has established a number of national, provincial and municipal technological R&D platforms as well as indust-uni-versity-research cooperation platforms, and eciently advanced key scientic and technological research breakthroughs.

2006: Approved as Zhejiang Provincial Enterprise Technology Center.2007: Approved as Zhejiang Provincial Agricultural Enterprise Science and Technology R&D Center.2018: Approved as the National Professional Center for Rice Product Processing Technology R&D, andestablished Jiaxing Academician and Expe Workstation.2019: Cooperated with Jiangnan University to establish the Academician Chen Jian Workstation.2020: Established Jiaxing Key Laborato for Rice Product R&D.2022: Approved to establish Zhejiang Provincial Postdoctoral Workstation.2023: Established a Provincial Key Agricultural Enterprise Research Institute.Key IndicatorsTotal number of R&D team membersPropoion of R&D personnel to total Company employees

Unit

People

%

2025

3.14

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Focused on Innovation Research

Relying on the practical production experience accumulated over the years, the Company, on the basis of continuously strengthening its indepen-dent innovation capability, actively integrates superior external technical resources and strives to build a collaborative indust-university-researchinnovation system.By deepening technical cooperation with renowned domestic and foreign universities and scientic research institutions, itconducts joint research focusing on the eld of food nutrition and health, promotes the innovative upgrading of production processes and keytechnologies, and eectively enhances the Company's innovation strength.The Company has established stable cooperative panerships with Jiangnan University, Jiaxing Academy of Agricultural Sciences, Jiaxing NanhuUniversity and other institutions. It has also hired Japanese rice technology expes as consultants for the Technology Center to provide regulartechnical guidance. Through various forms of technical cooperation, the Company has made substantial breakthroughs in new product develop-ment, process research and improvement, basic theoretical research on food science, and cutting-edge technologies. This has provided essentialsuppo for the Company's technological innovation and development, and strengthened its technological innovation capability in the food manu-facturing sector.

PAGE

PAGE

Case

Research and Industrial Application of Key Technologies and Nutritional Health ofFermented Rice Cakes Based on Digital Processing

The Company strictly abides by laws and regulations including the Patent Law of the People's Republic of China and the Trademark Law of thePeople's Republic of China. It has formulated systems such as the Measures for the Administration of Intellectual Propey Rights, established aninternal intellectual propey management system, standardized intellectual propey management practices, and safeguarded the Company'slegitimate rights and interests to the maximum extent.

Intellectual Propey Protection

Key indicators

Cumulative Number of Valid Authorized PatentsCumulative Number of Valid Authorized Invention PatentsCumulative Number of Valid Authorized Utility Model PatentsCumulative Number of Valid Authorized Design Patents

Cumulative Number of Software CopyrightsNumber of new papers published

UnitItemItemItemItemItemPiece

2025

Pre-emptive NoveltySearch and Retrieval

Prior to R&D, project initiation, patent application or trademark registration, search and retrieval mustbe conducted through patent literature databases and ocial trademark websites, to avoid infringe-ment risks while improving innovation eciency and registration success rate.

To promote the modernization and upgrading of the traditional rice cake indust, the Company launched special research in collaborationwith Jiangnan University.Taking fermented rice cakes as the research object, the project established a scientic evaluation standard system,analyzed its core probiotics and avor substances using technologies such as bioinformatics and metabolomics, and claried their impactson product quality and health functions.Meanwhile, by introducing automated equipment and robotics technology, the project built adigital production line, achieved a systematic breakthrough for traditional fermented rice cakes from process analysis to industrializedproduction, and provided a replicable technical path for indust upgrading.

Dynamic Archive

Management

Full-process archiving is implemented for all R&D projects, covering original materials such as experi-mental data and drawings. Ledgers for trademarks, patents and other intellectual propey rights aresubject to classied management and real-time updates.

Condentialityand Authority Control

Condentiality management for intellectual propey is fully implemented, including demarcatingcondential areas and restricting access by unrelated personnel. The transmission of condentialinformation through non-secure channels is prohibited, and relevant documents must be markedwith commercial secret symbols and classication levels.Infringement Monitoringand Rights Protection

Daily monitoring of the status of granted trademarks, patents and other intellectual propey rights iscarried out. Upon detection of any infringement, investigation and evidence collection will belaunched immediately, and legal measures will be taken to ensure a rapid response to disputes.Protection Awareness

Enhancement

Intellectual propey training and publicity plans are formulated to build a long-term mechanism forintellectual propey protection publicity, and continuously enhance the protection awareness of allemployees.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Case

Wufangzhai Debuts at the 138th Canton Fair, Intangible Cultural HeritageCuisine Secures Intentional Orders from Multiple Countries

Jointly Promoting Indust Development

Indust Exchange and CooperationThe Company actively paicipates in relevant indust exchange activities, carries out external strategic cooperation, and jointly promotes thesound development of the industrial chain with indust paners.

Formulation of Indust StandardsAs a centu-old China Time-honored Brand, the Company has consistently actively paicipated in the formulation and revision of national andindust standards, transforming its extensive practical experience into standards to drive the advancement of the indust. By the end of therepoing period, the Company had cumulatively paicipated in the formulation and revision of 1 international standard, 8 national standards, 10indust standards, and 11 group standards.During the repoing period, the General Rules for Zongzi Quality, drafted by the Company as the prima drafting unit, and the Test Methods forPast Quality drafted with the Company's paicipation, were ocially released. This initiative has led the zongzi indust into a phase of high-quali-ty development, promoted zongzi enterprises to strengthen product quality, enhanced the Company's market competitiveness, and providedstrong suppo for the global indust's development.

Standard Name(paially displayed)

TypeStandard NumberIssue DatePaicipation Nature

Prima Drafting Unit

Paicipating UnitPaicipating UnitPaicipating UnitPaicipating UnitPaicipating UnitPaicipating UnitPrima Drafting Unit

2023.122024.042024.032024.032024.082024.102025.062025.08

CXS355R-2023T/CABCI 005QB/T 8006QB/T 8010T/CCOA 85-2024GB/T 20977GB/T 23780GB/T 46259

International StandardGroup StandardIndustrial StandardIndustrial StandardGroup StandardNational StandardNational StandardNational Standard

ZongziTaosu (Crisp Peach Cake)Nian Gao (Rice Cake)

Frozen TangyuanSpecial glutinous rice for ZongziGeneral Quality for PastTest Methods for Past QualityGeneral Quality for Zongzi

From October to November 2025, Wufangzhai madeits debut at the Canton Fair with three core productcategories. As a traditional food brand with acentu-long histo, Wufangzhai's paicipation inthis exhibition is a key move to accelerate its interna-tional layout. Going forward, the brand will focus onadvancing the implementation of cooperationoutcomes from the Canton Fair, fuher optimize itscross-border supply chain and overseas seicenetwork, and continuously promote intangiblecultural heritage cuisine that embodies traditionalChinese culture to enter a broader global market.

Case

Wufangzhai Appears at the 2025 China Festival in Japan,Building a Delicious Bridge for Overseas ExpansionThe 2025 China Festival series of events was grandlyheld in Tokyo, Japan in September. As an outstandingrepresentative of traditional Chinese food culture,Wufangzhai, a China Time-honored Brand, wasinvited to paicipate in the exhibition. With itsexquisite traditional cuisine and intangible culturalheritage craftsmanship, it has built a delicious bridgefor Sino-Japanese cultural exchanges. This is asuccessful practice of cultural communication. With itscraftsmanship and delicacy, Wufangzhai has madepositive contributions to promoting Sino-Japanesenon-governmental friendship and spreading the neChinese food culture.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Food Quality and Safety

Strategy

Organic Product Ceication.

The Company regards food safety as its lifeline. We formulate and continuously optimize our food safety system across the entire value chain, withthe strategic goal of ensuring compliance with national and indust legal requirements. We aim to set a benchmark for high-quality managementin the indust and foster a Company-wide awareness of quality leadership.

GovernanceThe Company strictly abides by relevant laws and regulations including the Product Quality Law of the People's Republic of China and the FoodSafety Law of the People's Republic of China. It follows the quality management policy of "Harmony, Integrity, Excellence, Innovation", and has formu-lated systems including the Control Procedure for Production and Seice Provision, Measures for the Transmission and Repoing of Quality Informa-tion, and Measures for the Administration of QC Team Activities. The Company carries out all quality-related work in a comprehensive and solidmanner, continuously improves the operational eectiveness of the quality system, and ensures the steady improvement of product quality andsafety management capabilities. In 2025, the Company did not experience any major product and seice incidents.The General Manager of the Company sees as the top manager of the quality management system and is responsible for its eectiveness. TheGeneral Manager formulates quality policies and objectives, ensures the integration of the system into business processes, approves the manage-ment system manual, organizes management reviews, appoints personnel for key positions such as the management representative, guaranteesthe provision of resources required for the management system, and drives continuous quality improvement. Food Safety Management Depa-ment is responsible for establishing an end-to-end full-chain quality system from suppliers to customers. It conducts quality inspection, acceptanceand supeision of raw and auxilia materials, semi-nished products, nished products and outsourced products, peorms regular inspectionsand risk identication at key nodes throughout the entire production process, handles internal and external quality complaints, organizes rootcause investigations, conducts regular analysis and summa of problems, and compiles complaint analysis repos and other related work.The Company actively integrates into the indust's quality ecosystem. It has successively joined the China Association for Quality Inspection,Zhejiang Association For Quality, Jiaxing Quality Association, Jiaxing Food Circulation Chamber of Commerce, and Shanghai Food Safety Federation.Through these memberships, it paicipates in indust exchanges, keeps abreast of the latest developments in quality standards, and continuouslystrengthens the Company's professional commitment and practices in the elds ofproduct quality, food safety and circulation specications.As of the end of the repoing period, Wufangzhai has obtained the ceication ofISO 9001:2015 Quality Management System, ISO 22000:2018 Food SafetyManagement System, GB/T 33300:2016 Food indust enterprises integritymanagement system, and Hazard Analysis and Critical Control Point (HACCP)System. The Company's other frozen rice and our products (eight-treasure rice,rice balls) and steamed and boiled pastries (zongzi products) have obtainedOrganic Product Ceication.

Reputationalrisk

Cost increaseRevenuedecrease

Sho,medium,andlong term

Upstream,operations,downstream

The food manufacturing indust has along production chain and numerousmanagement links, and traditionalpast production involves manymanual processes. If product qualityincidents occur due to managementnegligence or unforeseen reasons, or ifindust-wide food safety incidentsarise, it may adversely aect theCompany's brand and operations,thereby impacting the Company'sbrand reputation.

RiskCatego

Financial

ImpactExplanation

ImpactPeriod

Value ChainSegmentAectedRisk DescriptionCountermeasures

LegalRisks

Cost increase

Sho,Medium,andLong Term

Upstream,Operations,Downstream

The government's requirements forfood safety supeision and qualitycontrol are becoming increasinglystringent. Relevant laws andregulations impose strict requirementson the Company's production andoperations from various aspects.Violation of these laws andregulations may result in nes.

Establish a rigorous quality controlsystem, improve the standardization andintelligent transformation of constructionand production processes; strengthenquality control throughout the entireproduct lifecycle, implement targetedmonitoring and rectication for keyareas, and enhance the level of qualitymanagement.Improve the mechanisms for quality riskand food safety incident prevention andcontrol; enhance food traceability andrecall systems; foster a culture of quality.Strengthen supply chain managementand improve the construction ofsupplier evaluation systems.Establish a mechanism for handlingcustomer complaints, enhancecustomer communication and feedback,and regularly conduct customersatisfaction sueys.Oppounity

Catego

Financial

ImpactExplanation

ImpactPeriod

Value ChainSegmentAectedOppounity DescriptionCountermeasures

QualityImprovementOppounity

Cost increaseRevenueincrease

Sho,Medium,andLong Term

Upstream,Operations,Downstream

National regulators, the market andconsumers are increasingly raisingrequirements for food safety. TheCompany continuously improves itsfood safety prevention and controlmechanism, establishes newmanagement systems, upgradesproduct quality, builds a positive brandimage, and attracts more consumers.

Introduce a new food safetymanagement system, improveinstitutional documents, and realizePDCA closed-loop management.Upgrade laborato equipment, andintroduce testing technologies forpesticide residues, veterina drugresidues, mycotoxins and other items toguarantee product quality and safety.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

The Company strengthens whole-process management, conducts full-process foreign body inspec-tion, precisely monitors parameters of Critical Control Points (CCP) such as cooking and sterilization,and is equipped with metal detection and X-ray inspection equipment. It systematically prevents therisks of foreign body contamination, microbial count exceeding standard limits and packagingcontamination, to ensure the production process is safe and under control.

Oppounity

Catego

FinancialImpactExplanation

ImpactPeriod

Value ChainSegmentAectedOppounity DescriptionCountermeasures

TechnicalOppounity

Cost increase

Sho,Medium,

andLong Term

Operations

In the era of big data and intelligent AI,the Company can introduce Internet ofThings (IoT) intelligent acquisitionequipment and production equipment,continuously conduct monitoring,analysis and decision-making on theproduction process and workow,optimize the production processthrough data analysis, and improvemanagement eciency and theprecision of quality control.

Introduce various types of intelligentequipment, networked countingequipment, and foreign body detectionequipment with AI recognition function forquality control. Meanwhile, the Companycontinuously invests in IoT productiontraceability equipment, develops andupgrades systems to systematizetraceability information of all materials, andachieve precise control of product quality.

PAGE

The Company establishes a quality risk management process, develops procedural documents such as the Measures for the Standardized Manage-ment of Product Quality Control, Key Process Monitoring Management Measures, and Food Safety Control List, and employs the PDCA methodologyfor process management. This approach covers key aspects of the production process, identies core risks, formulates control measures for riskpoints, and ensures eective quality control.

Quality Risk Management ProcessRisk Management

RiskIdentication

At appropriate times for risk identication, quality risks are identied, including direct product quality risks andindirect product quality risks.

RiskAssessment

The identication and assessment of risks and oppounities are conducted depamentally. Each depamentrecords the results of the above risk identication, evaluation, and the planning of corresponding measures inthe Risk Identication, Assessment, and Control Checklist. The risk level is determined by evaluating thelikelihood of occurrence and the severity of consequences.

RiskResponse

The Company plans control measures for the identied and assessed high-level risks and oppounities, aswell as the results of hazard analysis. Risk response measures include risk avoidance, risk reduction, risk accep-tance and other categories.When formulating response plans, the Company takes into account optionaltechnical solutions and nancial, operational and business requirements. Among them, signicant hazards aremanaged through the HACCP Plan, while control measures for other hazards are managed through Prerequi-site ProgramPRPand Operational Prerequisite ProgramOPRP).In addition, for scenarios involvingmalicious tampering and intentional adulteration, the Company has established a Food Defense Plan as thecorresponding control measure.

RiskMonitorin

Establish the Quality Information Transmission and Repoing Method to encourage employees to promptlymonitor and repo internal operational deciencies or violations related to product quality, food safety, andcompliance obligations.

Key Hazard and Quality Risk Control

The Company has formulated the Hazard Identication, Assessment and Control Procedure, HACCP Plan, Procedure for the Prevention and Mitigationof Food Fraud and Allergen Control Procedure, with the aim of eectively controlling critical hazard points in food safety through systematic hazardanalysis.

Food Incident Emergency ManagementTo eectively prevent food safety incidents and eciently organize emergency rescue eos, the Company has established the Food SafetyIncident Emergency Response Plan Procedure. This procedure claries the content related to incident warning, monitoring, analysis, emergencyresponse procedures, and emergency drills. The aim is to minimize the harm caused by major food safety incidents, reduce losses, and protectconsumers' health and safety.

Raw MaterialAcceptance Stage

Production andProcessing Stage

The Company strictly guards the nal quality pass, fully implements product delive inspectionstandards, standardizes temperature and humidity management during storage and transpoation,and improves labeling management. It ensures that key product information is clear and accurate,prevents non-conforming products from entering the market, and protects the legitimate rights andinterests of consumers.

Finished Product

Delive Stage

The Company strictly implements source control, conducts freshness and compliance inspections onall raw and auxilia materials, strictly prevents issues such as raw material mildew, pesticide residuesand veterina drug residues. It also carries out manual screening and soing based on actual quality,to ensure that unqualied raw materials are never put into production.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

The Company has established a Procedure for the Prevention and Mitigation of Food Fraud and Allergen Control Procedure, creating a risk assess-ment-based raw material anti-fraud control mechanism. This mechanism rst identies high-risk materials through a multi-dimensional scoringmodel. Then, for these high-risk points, mandato additional safeguards are implemented, such as supplier guarantees, third-pay verication,and traceability of source information. This systematically reduces the risk of raw material adulteration and fraud, ensuring product quality andsafety from the source.

The Company has set clear quality objectives. Based on the quality control peormance in 2025, a quality improvement plan for 2026 has beendeveloped. This plan covers systematic improvement measures across the entire chain of "People, Machine, Material, Method and Environment,"aiming to continuously enhance food safety and production reliability.

PAGE

Target ContentThe Incidence Rate of Major

Incidents Is Zero.

Achieved or Not

The target has been achieved.Completion Status for 2025The Incidence Rate of MajorFood Safety Incidents Is Zero.

Indicators and Targets

The Company implements full life cycle management of product quality and safety. It has formulated and strictly implemented correspondingquality standards and procedures for all links, including supplier access and review, procurement, acceptance, warehousing and storage of raw andauxilia materials and packaging materials, production and processing operations, monitoring, inspection, storage and transpoation of semi-n-ished and nished products, environmental hygiene of the plant area and production workshops, as well as employee health and personal hygiene.A series of control measures have been taken to guarantee product quality and safety.

Full Lifecycle Quality Management

Incoming Material Control

Centering on the full chain of "supplier → procurement → arrival → inspection → warehousing", the Company realizes dual controlof quality and process from the source to the warehouse, and prevents unqualied materials from entering the production link. Themanagement covers supplier management, procurement execution, goods arrival and receipt, quality inspection and judgment,warehousing management, and non-conforming product disposal.The Company implements strict raw material inspection procedures, strengthens source supeision over the procurement of mainraw and auxilia materials by outsourced product processing suppliers, claries the access criteria, product quality monitoring andbusiness operation procedures for entrusted processing suppliers, so as to improve the processing quality of outsourced productsand reduce food safety risks.

Process Management

The Company has formulated production process quality management systems and operating procedures including the 5S Manage-ment and Inspection System for Production Sites, Measures for Foreign Body Control and Management and Self-inspection System forProduction Process, claried the management responsibilities of relevant depaments such as the Manufacturing Process QualityTeam and the Manufacturing Acceptance Quality Team, and continuously strengthened process quality management.In accordance with the Procedure for the Prevention and Mitigation of Food Fraud and Allergen Control Procedure, the Companyupdates the list of illegally used substances to reduce the risk of raw material procurement and ensure that product information islegal and authentic.The Company implements whole-process management and control of allergens and food additives to guarantee food safety.

Quality Inspection

The Company has formulated the Measures for Finished Product Inspection Management, established a product quality inspectionmechanism, and claried the delive inspection items, sampling frequency, sample size and judgment rules for various products. Ithas also formulated the Product Release Management System and set strict release conditions for dierent products.The Company is equipped with indust-leading R&D facilities such as the Zongzi Development Laborato and Senso Laborato,and guarantees the stable quality of products through a professional R&D team and inspection system.

Improvement and Enhancement

The Quality Improvement Team is mainly responsible for quality improvement work, suppoing depament-level and Compa-ny-wide overall quality improvement. Each production line of the Company has formulated the Overall Quality Improvement Plan, setoverall objectives and broken-down sub-objectives, implemented the quality improvement plan, and realized closed-loop manage-ment of quality improvement.

Digitalization Management

The Company's "Wufangzhai Catering Steward System" covers the whole process of in-store ordering and cashiering, suppos menumanagement, dish customization and diversied payment methods, helps stores achieve ecient operation, and improves consumerexperience.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

In terms of digital traceability construction, the Company has established a precise traceability system "From Farm to Table," implementing "DigitalIdentity" management for organic ingredients through the "One Piece, One Code" technology. Consumers can que the processing process,ensuring full transparency. As one of the rst hundred pilot units of the "Zheshi Chain" (Zhejiang Closed-loop Management System for Food SafetyTraceability), the Company has achieved closed-loop management of the entire process and chain of food from the eld (workshop) to the tableby connecting to the system since its activation in 2021. This initiative has pioneered a new path for food safety control, not only strengthening foodsafety assurance capabilities but also eectively enhancing consumer trust, beneting the general public.

The Company has established a series of institutional procedures, including the Food Defense Plan and the Hazard Identication, Assessment andControl Procedure, to build a food safety protection system. These measures standardize the implementation of food safety assessments andcontrol measures across all operational stages, such as sourcing, processing, storage, transpoation, and receiving. This eectively reduces the riskof food contamination or damage, ensuring the provision of safe and secure products to customers. In 2025, the Company recorded no productrecalls or complaints due to safety and health reasons.

Product Traceability and Recall

Product Traceability Management

Establish systems such as the Identication and Traceability Control Procedure to form a product traceability mechanism. Through theidentication and traceability management of materials, work-in-progress, and nished products, it ensures that problem points canbe precisely located in the event of abnormalities, customer complaints, or safety incidents, enabling timely corrective actions suchas recalls and other control measures to minimize negative impacts.

【2.80】

Key indicatorsAnnual Quality Internal Audit SessionsNumber of third-pay institution inspectionsNumber of Quality Risk AssessmentsProduct Qualication RateProduct Recall Rate

UnitSessionSessionSession%%

2025

1,274

99.80

CaseApplication of Raw and Auxilia Material Quality Acceptance SystemWufangzhai has implemented a quality system for raw and auxilia material acceptance, establishing a comprehensive quality assuranceprocess from verication to traceability through electronic acceptance standards and documentation. The system provides real-timepending inspection lists and standards for acceptance personnel, ensuring batch-by-batch verication with reliable evidence. It recordsacceptance data and non-conformities throughout the process, suppoing rapid traceability of problem sources and supplier evalua-tions. Management can dynamically monitor quality conditions through system data analysis and multi-dimensional repos, eectivelyintercepting non-conforming products, thereby reducing risks, enhancing customer satisfaction, and improving overall operationaleciency.

Food Safety Emergency Response

Implement tiered control measures for food safety incidents. Immediately after an incident occurs, take control measures such assealing o the food, raw materials, tools, equipment, etc., that caused or may cause the food safety incident. Cease the productionand sale of unsafe food, promptly notify consumers, and recall the unsafe products.

Product Recall Management

Establish the Product Recall System, develop a recall work procedure that includes processes such as recall information gathering,hazard assessment, recall registration evaluation, forming a recall team, implementing the recall, and summarizing the recall. Clearlydene the responsibilities of specic implementation depaments for each process to ensure the eective recall of products withfood safety hazards or quality issues, thereby reducing and avoiding food hazards.

Product Recall Operation Mechanism

Initiate the product recall procedure

Led by the General Manager,establish a recall team.

Hazard and Recall Level Assessment

Multi-depament collaboration toimplement recalls

Handle recalled products inaccordance with regulations

The recall team conducts a hazardassessment and determines theresponse plan based on the level.

Conduct timely recall summariesand car out recall simulation drills

PAGE

PAGE

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Optimizing Customer Seice

Customer Seice Management

The Company has established regulations such as the Operation Management Seice Manual, Product Quality Complaint Management Measures,Product Complaint Compensation Standards and Authorization Regulations, and Major Complaint Emergency Response Plan. These regulationsstandardize requirements for customer seice, complaint reception, handling, compensation, and emergency response mechanisms, aiming toprovide consumers with satisfacto end-to-end seices. The Company has established both online and oine complaint channels. By categoriz-ing consumer complaints, clearly dening crisis events, and implementing tiered management for dierent types of crisis incidents, the Company's

The Company has established the Food Safety Culture Control Procedure to enhance employees' quality awareness and foster a strong culturalatmosphere where eveone values quality. This is achieved through quality and food safety culture training, "Employee of the Month" selections,and activities such as Quality Month events. In 2025, the Company will conduct targeted quality training for personnel at dierent levels, includingon-site and sales teams. This training will cover areas such as new employee quality training, quality traceability management, and foreign objectmanagement.

Quality Culture Development

Sales Team: Quality Audit TrainingOn-Site Team: New Employee Quality Training

Key PeormanceIn 2025, a total of 13 quality training sessions were conducted, involving 914 employee paicipants, with a cumulative trainingduration of 23.1 hours.

Board of Directors and management are responsible for after-sales-related tasks. The Legal and Food Safety Depament handles the reception,assignment, and resolution of both internal and external customer complaints, with various depaments collaborating in complaint handling,forming a mature complaint resolution process.During the repoing period, the Company handled 1,041 customer feedback and complaints through multiple channels, with a resolution rate of98%. By addressing high-frequency issues through measures such as optimizing production and strengthening training, customer complaintsdecreased by 30% year-on-year.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

EnhanceProduct Quality

The Company formulated multiple specialized quality improvement plans, including the 2025Preprocessing Quality Enhancement Plan, reviewed quality pain points in workplace operations in2024, and analyzed product complaints during the same period. During the repoing period,targeted process optimization and on-site upgrade initiatives were implemented, with multiplemeasures taken to strengthen full-process quality control, eectively driving a steady decline inproduct complaint rates.

Enhance Seice

Capabilities

Through training on various topics such as team leader courses, crisis management courses,customer satisfaction courses, and shift management courses, the Company shares complaintcases and handling processes to enhance employees' ability to handle customer complaints.During the repoing period, the Company conducted 10 specialized training sessions on seicecapability improvement.

Optimize Seice

Workows

In 2025, the Company completed the closed-loop management of the entire process foraddressing complaint issues, achieving online control of all stages from problem initiation andrectication execution to verication and closure through a digitalization system. By embeddingDMS (Distributor Management System) into seice processes, seice eciency, managementtransparency, and post-sales customer experience were enhanced. Customer complaints arecentrally handled through the consumer complaint system, with automatic assignment andreal-time tracking, reducing the average processing time by half.

Emergency Complaint Q&A Experience Exchange Meeting

PAGE

Consumer Communication and PromotionThe company has always adhered to its brand proposition of "Loving the Flavors of China". It focuses on enhancing consumer experiences acrossdierent scenarios through "user insights" and actively seeks innovative changes in marketing approaches. By leveraging oine pop-up events andother methods, the Company showcases the unique features of its products to customers, allowing them to personally experience the charm of theproducts' color, aroma, and taste.

Customer Satisfaction EnhancementThe Company places great emphasis on the consumer experience, formulating the Omni-Channel Membership Management Measures based on acomprehensive marketing strategy to convey the brand's warmth of "Fragrance in Eve Bite, Warmth in Eve Home." In terms of online channels,the Company operates 50 direct e-commerce stores and over 400 paner stores. For oine channels, it has established 28 sales branches andoces, with a presence in more than 3,500 large supermarkets, 50,000 retail outlets, and over 480 dining establishments. The product coverage hasexpanded to key regions such as East China, Central China, Hong Kong, and Macau.To gain deeper insights into consumer needs, the Company has established a multi-dimensional feedback and rapid response seice optimizationmechanism. This is achieved through the Strategic Marketing Depament conducting promoter sueys, the Quality Management Depamentimplementing a consumer complaint mechanism, and various business centers caring out user satisfaction sueys. This approach enablestargeted improvements to product shocomings and accurate identication of market oppounities. Additionally, the Company has developed theCustomer Satisfaction Case Handbook, which analyzes special cases and provides seice process guidance on a monthly basis. These updates areshared simultaneously on the online learning platform.Wufangzhai collaborates with multiple third-pay research platforms to quantify seice and rating consistency indicators based on consumerfeedback from online social media and oine store research data. By leveraging big data analysis, the Company calculates consumer satisfactionwith Wufangzhai. In panership with professional market research seice providers, the Company conducts continuous myste shopper sueysat Wufangzhai chain restaurants using cove methods. These sueys comprehensively and deeply collect consumer evaluations across dimen-sions such as store environment, seice quality, ordering processes, and food quality.Key PeormanceDuring the repoing period, the number of customers sueyed by the Company was 25, accounting for 100% of the totalcustomer base, with a customer satisfaction score of 9.2/10.

Key indicatorsCustomer Complaint Response Training PaicipantsTotal Training Hours for Customer Complaint ResponsesCustomer Complaint Response Training Sessions

UnitPaicipant

HourSession

2025

22.6

PAGE

Marketing ChannelsWu Fang Zhai, with its brand proposition "Passion for Chinese Flavors" pursues a dynamic balance between heritage and innovation. The Companyactively implements a brand rejuvenation strategy, leading innovation among time-honored brands through dual-channel marketing and promo-tion both online and oine, thereby achieving continuous growth in brand value.In 2025, we were honored with Forbes China's "2025 Consumer Sector Blue Chip Brand" and "2025 Consumer Trust Brand," and were listed on the2025 The Reputation List of Listed Companies as "Outstanding Competitiveness Listed Companies in Consumer Sector" At the product level, ourstar products won the Bronze Award at the iSEE Global Food Innovation Awards, and were recognized as Famous, Special, and Quality Foods ofZhejiang Province and Yangtze River Delta Famous and Excellent Foods. Additionally, at the 19th China Zongzi Culture Festival National SkillsCompetition, we secured the Special Award for Zongzi and the Special Award for Rice Cake Products, and were designated as Iconic Products ofDistinctive Flavored Foods.

Online

Channels

OineChannels

We leverage leading Chinese social media platforms including Weibo, Xiaohongshu and Douyin to roll out productpromotion and brand building, through immersive and interactive formats including co-branded trending topics, shovideos and veical mini dramas, authentic KOL product recommendations, and coupon giveaways via livestreaming.The Company carries out product promotion and brand marketing through diverse oine scenarios including elevatoradveising, pop-up events in supermarkets and hypermarkets, handcraft experience activities in ancient towns,refreshment supply for spos events, and overseas exhibitions and sales, via interactive forms such as on-site experi-ence, check-in with complimenta gifts, and face-to-face on-site tasting.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Weilong Co-brandingYili Co-branding

The 20th Asian Marathon ChampionshipsPop-up Event at Puyuan Fashion Ancient Town

Tuntunzai Co-branding

Youthful Co-brandingPromotion

Adveisingsho videopromotion

Civic CulturalAdvocacy

Civic CulturalAdvocacy

Ode to OrganicMi Yue SeriesAI Veical

Mini Dramas

Promotional Activities

Zhejiang BA (Zhe-BA) City Basketball ChampionshipParent-Child Handcraft Pop-up Event with

Hema (Freshippo)

The 9th Chengdu International Intangible CulturalHeritage Festival of China

Jingshan Intangible Cultural Heritage Carnival

Exhibition at Zhejiang Intangible CulturalHeritage Museum

Intangible

CulturalHeritage (ICH)Events

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

StrategyThe Company systematically reviews potential variables across all stages of the supply chain lifecycle, identifying risks and oppounities such asprice uctuations, supply stability, consumption upgrades, and scenario expansion. It mitigates risks through diversied supply layouts and dynamicmanagement mechanisms, continuously strengthening supply chain resilience and value creation capabilities.

PAGE

RiskCatego

Financial

ImpactExplanation

ImpactPeriod

Value Chain

SegmentAectedRisk DescriptionCountermeasures

Risk ofFluctuations

in Raw

Material

Prices

Raw MaterialSupply Risk

Cost increaseSho-term

Revenuedecrease

Sho-term

Operations

Operations

The Company's main raw materials includeglutinous rice, pork, and bamboo leaves,among other agricultural products.Extreme weather conditions increase therisk of reduced agricultural production.Additionally, the upward trend in the hogcycle has led to a year-on-year rise in porkprices, while adjustments in plantingstructures in glutinous rice-producingregions have tightened supply, wideninguctuations in overall raw material costs.Moreover, biological pest and diseaseincidents occur from time to time, whichcan also aect the yield and price ofagricultural products, thereby impactingthe Company's operational stability.

The competition in the food industsupply chain is intensifying, with leadingcompanies seizing high-quality agriculturalproduct base resources. The productioncapacity of small and medium-sizedsuppliers is constrained by environmentalpolicies and is shrinking, posing risks ofcore raw material supply disruptions oructuations in quality batches.

Sign long-term agreements withcooperative societies in glutinous riceraw material production areas for"guaranteed purchase + price oating" tosecure core raw material supply;Establish long-term, stable frameworkcontracts for pork with leading domesticenterprises, leveraging both paies'information sources to promptly lock inand control prices;Enter into cooperation agreements withcooperative societies in high-qualitybamboo leaves production areas, and byenhancing the cooperative societies'procurement and selection standards,improve quality while reducingprocurement costs.Utilize nancial instruments such asagricultural futures to hedge against therisk of raw material price uctuations,thereby reducing cost risks arising frommaterial volatility.Leverage volume advantages tonegotiate better prices with strategicsuppliers while ensuring quality.

Establish an "ABCD Catego EvaluationMechanism" for suppliers to enhancetheir supply and seice capabilities.UpstreamOperations

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Responsible Supply ChainGovernance

The Company has built a supply chain management system covering the full life cycle of suppliers, and improved systems including the ProcurementManagement System,CriteriaforSupplierManagementinIndustrialEnterprises, Access Criteria for Raw and Auxilia Materials and PackagingSuppliers, and Comprehensive Review Criteria for Outsourced Processing Manufacturers. It has claried the whole-process management require-ments from supplier access qualication review, on-site facto audit and evaluation, to monthly and annual dynamic peormance review, realizedsystematic and standardized management of suppliers of major categories such as raw and auxilia materials and packaging materials, andguaranteed the stability of the supply chain as well as source quality and safety.The Company has established a cross-depamental Procurement Committee as the highest decision-making body for supply chain management,and its members include the heads of demand depaments, Strategic Marketing Depament, Supply Chain Center, Quality Management Depa-ment, Finance Depament, Centralized Procurement Center and other depaments. As the centralized management depament, the CentralizedProcurement Center takes the lead in supplier development, access and daily management; the Quality Management Depament is responsiblefor the qualication assessment of pre-qualied suppliers; the Finance Depament is responsible for compliance supeision and paymentsettlement. Through coordinated collaboration with clear division of powers and responsibilities among multiple depaments, the Company hasbuilt a three-in-one supply chain and procurement management system integrating decision-making, execution and supeision, which consoli-dates the organizational guarantee for the compliant and ecient operation of the supply chain.

Risk ManagementThe supply chain sees as the core foundation suppoing the stable operation of an enterprise. The Company consistently strengthens its supplychain base from multiple dimensions, enhancing its resilience and market competitiveness across the entire chain. This approach eectivelymitigates risks related to raw material supply and continuously builds a highly ecient, stable, and reliable supply chain system, adapting to marketdynamics and long-term development needs.

Indicators and TargetsThe Company has established a quantitative indicator system centered on enhancing supply chain resilience and achieving sustainable develop-ment goals. This system precisely anchors management direction to ensure the stable operation of the supply chain.

PAGE

Heilongjiang High-quality Rice Production Base

Digital Indust Sma Park

Wufangzhai Digital Indust Sma ParkAutomated Warehouse

Revenueincrease

Sho-term

UpstreamOperations

The consumption scenarios for seasonalfoods are extending from traditionalfestivals to eveday life, with demandgradually emerging in non-seasonalsettings such as breakfast and ocesnacks. Simultaneously, the growth indemand for sho-shelf-life foods throughinstant retail channels provides space forfull-day coverage of products. TheCompany can leverage its existingproduction and supply chain layout toexpand into the daily consumer market.

Oppounities forSeasonalFoodExpansionAcross AllDaypas

Develop small-scale, sho-shelf-lifeproducts tailored for daily scenarios tomeet consumption needs such asbreakfast and light meals;Optimize the packaging and distributionsystem on the production end, establisha regional distribution network suitablefor sho-shelf-life products, andimprove the timeliness of terminaldelive.

OppounityCatego

FinancialImpactExplanation

ImpactPeriod

Value Chain

SegmentAectedOppounity DescriptionCountermeasures

Revenueincrease

Long-term

OperationsDownstream

In the current food consumption market,consumers are increasingly concernedabout the quality of raw materials, withproducts featuring "Natural and Traceable"attributes being more favored. At the sametime, indust regulations and guidance onfood traceability systems have createdoppounities for brands with supply chainadvantages to dierentiate themselves inthe market.

Oppounities forHealth-ConsciousandTraceability-DrivenConsumptionUpgrades

Launch a product series thatemphasizes "Natural Ingredients + FullTraceability," establish standardizedsupply panerships at the ingredientlevel, present ingredient informationthrough packaging labels, and optimizeproduct formulations by incorporatinghealthier food elements.Integrate oine premium channels withonline content platforms to enhance thedissemination of "Quality Ingredients +Brand Stories," aligning with consumers'demands for health and transparency.

SmoothWarehousingand Logistics

Ensure RawMaterial Supply

The Company actively invests in the construction of raw material bases, establishing premium rice productionbases and alpine bamboo leaf sourcing bases in locations such as Baoqing, Heilongjiang, and Jing'an, Jiangxi.This ensures a supply of high-quality, healthy raw materials, guaranteeing product quality and stable supply fromthe source. It also helps control procurement costs and avoids the risk of raw material supply disruptions.

Establish StrategicAlliances

The Company has established strategic alliance panerships with leading meat supply enterprises in China suchas Shuanghui and Dahongmen. Suppliers stock high-quality meat ingredients based on the Company's annualdemand, ensuring a stable supply and quality safety of meat ingredients for the Company's zongzi, reducingprocurement costs, and improving the overall eciency of the supply chain.

In terms of warehousing and logistics, the Company continues to deepen its digital and intelligent layout. Thealready operational Digital Indust Sma Park integrates various warehousing and logistics functions, includingraw and auxilia material storage, nished product storage, frozen storage, e-commerce shipments, logisticsshipments, and logistics distribution. At the same time, suppoing information management software such as theWarehouse Management System, Demand Management System, Master Data Management System, andInvento-side Supply Chain Visualization has been launched. This enables unied management of warehousingand logistics, providing solid data suppo for scientic decision-making in the supply chain, fuher enhancingthe transparency, controllability, and operational resilience of the supply chain.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

In addition, the Company has continuously deepened the standardization of business processes and focused on the digital and intelligent upgrad-ing of the core value chain. It has built the Wufangzhai Supplier Collaboration Platform–the SRM (Supplier Relationship Management) system,which integrates full-functional modules including procurement management, reconciliation and settlement, and peormance appraisal. Thesystem realizes the seamless connection and data integration between the front-end and back-end systems of the supply chain, empowers the fulllife cycle management of suppliers with digital tools, and comprehensively improves the collaborative operation eciency of the supply chain.To strengthen the full life cycle management of suppliers and foify the risk barrier at the source, the Company has claried core requirementsincluding quality and safety, stable supply, price compliance and seice guarantee for cooperative categories such as raw and auxilia materials,packaging materials and outsourced processing. It has established a standardized management system covering supplier access qualicationreview, in-cooperation dynamic peormance review and whole-process management and control, to promote collaborative compliance andsustainable development of the upstream and downstream of the supply chain.

Whole-Process Management of Suppliers

Supplier Management

PAGE

Supplier Product Quality ManagementThe Company attaches great impoance to the overall peormance of suppliers. In the audit of outsourced processing suppliers, it veries theirsupply capacity by checking their production qualications, nancial and legal status, with a focus on reviewing environmental impact assessment(EIA) and quality and production-related documents. Meanwhile, focusing on product quality, the Company strengthens the supeision ofoutsourced production, traces quality problems of suppliers through internal and external complaints, and consolidates the food safety barrier.

Key indicatorsTotal Number of SuppliersLocalization Ratio of SuppliersRatio of Procurement Expenditure to Local Suppliers

Unit202320242025Unit

%%

51.24

49.93

42.42

44.60

40.77

47.64

TenderingManagement

Based on the Supplier Classication Standards and Procurement Tendering ClassicationManagement Rules, the Company implements routine tendering management for suppliers.Suppliers are classied into core suppliers, new suppliers, and general suppliers based on factorssuch as years of cooperation, evaluation grades, and supply volume or value. Meanwhile, tomitigate procurement risks and ensure supply stability and product quality during peak deliveperiods, the Company imposes corresponding control requirements on the procurement tender-ing volume for dierent types of suppliers.

AccessingManagement

In accordance with the Access Criteria for Raw and Auxilia Materials and Packaging Suppliers,Access Criteria for Outsourced Processing Manufacturers and other regulations, the Companyimproves supplier evaluation and access specications, reviews the authenticity and legality ofsuppliers' qualications and credibility. Suppliers can only be included in the Qualied Supplier Listafter completing the full process of pre-qualication review, on-site audit, rectication based onscoring, and access approval.

File Management

The Company compiles the Qualied Supplier (OEM Manufacturer) List in accordance with theMeasures for the Management of Qualied Supplier List, conducts systematic maintenance andupdate of suppliers' names, addresses, bank information and other details. It also collects,archives and updates relevant qualication documents of all suppliers in accordance with theSpecication for Source Document Verication Management of Suppliers.

EvaluationManagement

In accordance with the requirements of the CriteriaforSupplierManagementinIndustrialEnterprises, Comprehensive Capability Review Criteria for Outsourced Processing Manufacturersand other regulations, the Company organizes relevant depaments to conduct regular andannual reviews of suppliers in terms of product quality, cost, contract peormance and otherdimensions. Suppliers are classied into Grades A, B, C and D according to the review scores, andthe review results are feedback to the suppliers. If the rectication of a supplier fails to meet theCompany's requirements, it will be removed from the Qualied Supplier List.

Strict Pre-selection

Issue Resolution

Pre-selected manufacturers are required to obtain ceications for quality systems such as ISO 9001, ISO 22000and HACCP. Manufacturers that have been notied by government regulators or exposed by the media due toproduct quality issues, or that have had major non-conformities in unannounced inspections by governmentregulators, shall not be included in the Company’s prelimina selection scope for a ceain period after resumingproduction.

In the event of quality problems such as the illegal addition of prohibited substances or the use of expired rawmaterials, accountability shall be pursued in accordance with the Detailed Rules for the Handling of QualityProblems of Raw Materials, Packaging Printed Materials and Outsourced Products.

Based on the characteristics of outsourced products, the Company conducts risk identication throughout theentire production process of outsourced processing manufacturers, covering raw materials, productionprocedures, nished product distribution and warehouse management. When necessa, it organizes relevantdepaments to set up a joint coaching team to provide sho-term on-site coaching to manufacturers.Unannounced inspections and daily supeision are carried out. For manufacturers with frequent or recurringproduction quality problems, the frequency of supeision and inspection is increased or on-site personnel areassigned to oversee rectication.Process Control

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

The Company thoroughly integrates ESG concepts into supplier management. During the supplier access and review stage, it takes environmentalimpact assessment (EIA) compliance as a key inspection item in facto audits: it focuses on verifying whether suppliers have legally obtained theSewage Discharge Permission (including ling of pollutant discharge registration forms), relevant approval documents or ling procedures forenvironmental impact repos of construction projects, and conrms that the Pollutant Discharge Permit is valid and in eect.Suppliers that fail theEIA compliance review are directly determined as “not recommended for adoption” by the Company. The Company controls the environmentalcompliance of the supply chain from the access source and urges suppliers to jointly fulll their green and environmentally friendly responsibili-ties.During the repoing period, the Company conducted one ESG-related training session for 272 suppliers to convey ESG concepts and enhancetheir ESG compliance and practice capabilities.

Supplier ESG Management

The Company has formulated the Omni-channel Distributor Management Measures to improve the management of distributors.During the repo-ing period, the Company attached great impoance to feedback on its products from distributors. Through systematic sueys of multiple distribu-tors in such dimensions as product quality and stability, market competitiveness and rationality of product line planning, the Company gained anin-depth understanding of product peormance in the terminal market and actual evaluations from distributors, providing an impoant basis forproduct strategy optimization and channel collaboration.

Distributor Management

The Company always adheres to the principle of fair cooperation in daily operations, treats all small and medium-sized enterprise (SME) panersequally, and actively builds long-term and stable cooperative relationships based on mutual trust and win-win results. During the repoing period,the Company strictly fullled its payment agreements, and no overdue payment to SMEs occurred.Digitalization of the Supply ChainThe Company continues to deepen the digitalization of its supply chain, focusing on process eciency and data-driven decision-making. Byempowering the entire business chain through digitalization, it drives collaborative eciency improvements across all supply chain segments,aiming to enhance operational eciency and resilience. This lays a solid digital foundation for achieving agile response and lean management.During the repoing period, the Digital Development Depament made signicant progress in standardizing supply chain business processes andenhancing the informatization of core value chains, while ensuring the stable operation and security of the Company’s networks, systems, and data.In terms of business processes, the Company has completed the organization and standardization of three core business processes: supply chainworkshop management, logistics management, and master planning management. In terms of system construction, the self-developed TMSlogistics tracking system and POS supply chain system have been successfully launched, enabling real-time tracking and visualization of distributor

Equal Treatment of Small and Medium-sized Enterprises (SMEs)

Ingredients are the foundation of food quality, taste, and health. The Company is deeply committed to the principles of green and sustainabledevelopment, continuously improving its green supply chain management system to ensure that the raw materials used in food production arepurely natural and cultivated sustainably. This approach strengthens both product quality and ecological protection from source to end product.The Company has continuously deepened the "Company + Base + Farmer" model at the raw material end, and operates a rice base in Baoqing,Heilongjiang and a bamboo leaf sourcing base in Jing'an, Jiangxi. Among them, the premium rice nuured by the black soil in Noheast Chinaendows zongzi with a unique glutinous and fragrant taste. The high-quality bamboo leaves strictly selected from the natural wild environment ofJing'an, Jiangxi contain a variety of trace elements and active substances benecial to the human body. Wrapping zongzi with these leaves canretain the natural avor, bringing consumers a safe and reassuring tasting experience.The Company has accelerated the green transformation of the production and logistics links, and was successfully selected as a 2025 ZhejiangGreen and Low-carbon Facto. By upgrading the manual zongzi lling barrel mode to an automatic rice lling and feeding production line throughdigital and intelligent integration, the Company has improved eciency while reducing resource waste. The Company has built distributed PVprojects on the rooftops of its logistics plants to replace traditional energy sources, and rolled out "Bamboo Pulp + Bagasse" environmentally friend-ly packaging with natural biodegradability, so as to reduce environmental impacts across the entire life cycle.

Natural Farm

The Company has established the Procurement Management System, building and continuously improving the internal supeision and controlmechanisms for the entire procurement process. By specifying supplier behavioral standards through contract terms, the Company actively practic-es the concepts of clean procurement and green procurement, collaborating with suppliers to jointly build a sustainable supply chain ecosystem.

Responsible procurement

Green Supply Chain

PAGE

order logistics, and improving the accuracy of store invento management. In terms of data collection in production processes, the deployment ofautomated equipment and systems plans to complete real-time data collection in key areas such as the zongzi-wrapping workshop, packingworkshop, and pre-treatment workshop (leaf-washing workshop, meat-preparation workshop), laying a data foundation for transparent controland eciency improvement in the production process.RPA (Robotic Process Automation) tools have been implemented in the procurement function, realizing the automation of procurement payables,procurement payments, and manual/Kingdee invoicing, which has signicantly improved the eciency of procurement settlement and invoic-ing.Meanwhile, the nance team has leveraged RPA to achieve end-to-end process automation, including automatic settlement of salescollections, breakfast sales–accounts receivable management–voucher generation, and franchise store sales–accounts receivable management–invoicing, eectively enhancing the eciency of daily settlement operations.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Paner CommunicationThe Company upholds the core philosophy of "Harmonious Business", creates customer value with integrity and pragmatism, and deeply strength-ens close collaboration with paners. It pools development momentum through sincere cooperation, jointly builds a value chain ecosystem, andachieves a sustainable development pattern of mutual benet and win-win results for all paies.To continuously improve the quality and eciencyof cooperation, the Company holds regular monthly communication activities with suppliers, conducts in-depth analysis of problems exposed inreviews, and jointly discusses and implements practical improvement measures. Meanwhile, relying on the SRM system, the Company promptly andaccurately informs suppliers of policy requirements and new system functions in accordance with the latest policy updates, and distributesstandardized operation manuals simultaneously. This ensures that suppliers fully grasp relevant policies, regulations and operation essentials ofnew functions, and strictly abide by cooperation requirements.

Normal Information Security Management

IntegrityProcurement

GreenProcurement

The Company ensures the integrity and fairness of the procurement process by signing Transparency Agreements insales and procurement contracts, clearly outlining commercial compliance requirements. In the procurement biddingprocess, tasks such as supplier selection, facto audits, price comparisons, and bidding are assigned to dierentdepaments. The procurement process is conducted through a digital procurement system, minimizing humaninteention to ensure fairness and impaiality in procurement.The Company actively selects materials with environmentally friendly and low-carbon characteristics, procuring greenpackaging materials and other eco-friendly supplies based on the standards and requirements provided by depa-ments and demand paies, in order to reduce the environmental impact of packaging waste.

Strictly Safeguard Information Security

Information Security ManagementTo ensure the secure, reliable and stable operation of information systems, the Company has formulated and continuously improved institutionaldocuments including the Information Security Management System, Personal Information Collection and Management Measures and InformationSecurity Management Measures – Account Management Measures in light of actual business operations. It reduces or prevents security threats tothe condentiality, integrity and availability of the Company’s information systems posed by human and natural factors from multiple dimensionssuch as management, technology and processes.The Company has established the Digitalization Development Depament as the core depament for the overall planning and implementation ofinformation security management. It has three subordinate depaments: Basic Operation and Maintenance Depament, Project ManagementDepament and Supply Chain Digital Operation Depament, which are fully responsible for the organization, coordination and implementation ofinformation system security management across the Company. It is mainly responsible for information system planning, infrastructure and opera-

tion security, data security management, network security protection, supplier security management, and emergency response to informationsecurity incidents.The Audit Depament independently peorms supeiso duties. It regularly organizes annual reviews on the adaptability,adequacy and eectiveness of information security strategies, and launches special reviews when there are major changes in the Company’sstructure or business model, so as to ensure that the strategies and systems continuously align with the Company’s development and regulatorequirements.Key Peormance

During the repoing period, the Company’s investment in information security amounted to RMB 0.1397 million, and the number ofinformation security and privacy protection violations was 0. The Company conducted 2 information security training sessions with620 paicipants, covering 15.82% of its employees.

Management ApproachSpecic Measures

InformationSystemSecurityManagement

Physical andEnvironmental

Security

Strengthen the security management of computer rooms by implementing protective measures inthe physical surroundings and entrances to ensure the physical security of information systems.

Asset

Management

Establish an asset ledger and conduct regular invento, with equipment users identifying assets.Record device information uniformly through the device management module to achieve full deviceledger management and status monitoring.

Network andCommunication

Security

Regularly inspect network equipment and back up conguration les;Strengthen internal, external, and internet security management, such as implementing zoneisolation, restricting software installations, and encpting data transmissions.

Device andTerminal Security

Management

Maintain comprehensive device information through the device management module to achievedevice classication and status tracking.

Dene the security levels for system operation, establish user identication and verication mecha-nisms, and formulate corresponding strategies;Conduct regular security checks on system operation, regularly back up critical systems, congura-tions, and applications, and standardize backup management.Implement zero-trust tunnel application protection to isolate and control access to business applica-tions, and centrally manage the activation and monitoring status of applications through an applica-tion publishing platform.

Access Control

and Opera-tional SecurityAccess Control

and Opera-tional Security

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Management ApproachSpecic Measures

Account and

AuthorityManagement

User RoleManagement

Unied management of user/role information, organizing user groups by depament, linkingaccount permissions, and achieving corresponding control between roles and users

Standardizingthe AccountUsage ProcessRegularly Review

Account

Authorities

Manage Company information management accounts centrally, and depaments must apply forusage.Regularly review accounts and permissions at both the application and system levels, promptly cleanup accounts, and handle accounts promptly when employees leave.Strengthen useraccount password

management

User account passwords are kept strictly condential, with requirements set for length and complex-ity, and are changed regularly.

Customer Privacy ProtectionThe Company has established a sound management system for the protection of members’ personal information in accordance with theOmni-Channel Membership Management Measures. The Member Management Depament under the Omni-channel Marketing Center, as thecore executive depament, coordinates the full life cycle management of members’ personal information, and ensures that all links of informationcollection, storage and use comply with the principles of lawfulness, legitimacy, necessity and minimization, thus building a solid line of defense formembers’ information security from the institutional source.At the specic business implementation level, the Omni-channel E-commerce Sales Center is responsible for the management of personal informa-tion on Internet e-commerce platforms such as Tmall, JD.com and Pinduoduo; the Warehousing and Logistics Depament of the Supply ChainCenter focuses on the protection of consumers’ information in the delive process; and the Product Center strictly manages the personal informa-tion actively collected in market research. All depaments collaborate and consolidate their protection responsibilities within their respectivebusiness scopes, so as to protect the personal information rights and interests of consumers and members in an all-round way.

Emergency Incident ManagementThe Company strictly abides by laws and regulations including the Cybersecurity Law of the People's Republic of China and the Emergency ResponsePlan for Cybersecurity Incidents, and has established a systematic information security emergency response mechanism. In accordance with theEmergency Information Security Incident Disposal Process, it has claried the denition and classication of information security incidents, andestablished a tempora disposal team consisting of the person in charge of the Digital Development Depament, information security post, seeroperation and maintenance post, and software operation and maintenance post. The team is responsible for the closed-loop management of theentire process from the detection, assessment and emergency disposal of information security incidents to post-incident rectication repos,ensuring rapid response and eective disposal in the event of security incidents involving customer privacy, so as to minimize negative impacts.To proactively enhance protection capabilities and prevent security incidents, the Company continuously optimized its technical protection systemduring the repoing period. In response to issues identied in external attack and defense drills, such as excessive exposure of external networksuaces and limited threat identication capability, the Company has planned and promoted a number of improvement measures, includingdeploying a threat intrusion detection system, building a centralized log audit and analysis platform, and reducing the exposure of public networkseices.By adopting both technical reinforcement and process optimization, the Company is committed to building a more proactive andintelligent security defense system to provide solid protection for consumers' personal information and the Company's core data assets.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

SDGs

PAGE

Guarding Pure Flavors,Upholding EnvironmentalStewardship

Wufangzhai has fully recognized the profound impact of environ-mental and climate factors on the food indust, and activelyresponds to national environmental protection and the goals of"Carbon Peaking and Carbon Neutrality". To mitigate the negativeimpacts on the external environment, guided by the principle of“Energy Conseation, Carbon Reduction and Clean Production”, theCompany is committed to promoting near-zero emissions of pollut-ants and greenhouse gases. Meanwhile, it strives to build a moreresilient system to address environmental and climate risks. Fromgreen raw material procurement to clean production, from cleanenergy substitution to the development of a low-carbon logisticsnetwork, the Company fully promotes the low-carbon transforma-tion of the value chain through technological innovation and modelupgrading, and continuously enhances the climate adaptability ofproducts throughout their full life cycle.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Protect the Natural Environment

Governance

The Company consistently adheres to the environmental management philosophy of "Ecological priority and Green development," strictly complieswith relevant laws and regulations such as the Environmental Protection Law of the People's Republic of China, and fully integrates the concept ofgreen ecological protection into all aspects of its production and operations. With sustainable development as the core focus, the Companyscientically formulates environmental goals and implementation plans, prioritizing three key directions: reducing pollutant emissions, advancingenergy conseation and carbon reduction, and optimizing resource utilization. By establishing and improving a systematic environmental gover-nance system, the Company coordinates eos in work safety, environmental protection, and energy conseation and carbon reduction, whileensuring eective implementation by responsible depaments. The Company incorporates environmental peormance into the peormanceevaluation system of relevant management personnel, continuously monitors and drives improvements in environmental management, anddiligently fullls its environmental responsibilities.

Park Safety, Environmental Protection and Energy Work (including Chengdu Base and Wuhan Base – under construction)

Oce Building Environmentaland Energy Work

Organizational Structure of the Safety,Environmental Protection and Energy Group

Supply Chain Center

Wuhan Food Company

Chengdu Food Company

Food Research Institute

Centralized Procurement Center

General Manager’s Oce

DigitalizationDevelopment Depament

Human Resources Depament

ResponsibilitiesDepament

General Manager’s Oce

As the leading depament of the Safety, Environmental Protection and Energy Group, it formulates theCompany’s environmental management policies and objectives, and supeises the implementationand completion of environmental protection work. In addition, it is responsible for energymanagement, wastewater and waste management of the oce building, and formulates water andelectricity conseation targets and plans for the oce building.

Food Research Institute

Conducts research on green design and green packaging, provides standards for emission reduction,energy conseation and resource utilization to production and procurement depaments, and oersplanning suggestions for the Company’s environmental work.CentralizedProcurement Center

Formulates green procurement plans, and establishes targets and plans for waste recycling andreduction.

Human ResourcesDepament

Responsible for environmental protection and energy conseation-related training and publicity forthe oce building and parks.

DigitalizationDevelopment Depament

Coordinates with the General Manager’s Oce to formulate green oce plans, and reduces emissionsin oce areas through digitalized means.

Chain Center,Wuhan Food Company,Chengdu Food Company

Conduct strict acceptance inspections in accordance with environmental protection standardsprovided by the Food Research Institute to ensure production processes comply with environmentalprotection requirements.Manage pollutants, carbon emissions and safety risks generated during the production of zongzi andnon-zongzi products, implement emission reduction and water conseation measures, and formulateemission reduction targets, safety objectives and plans for product production.Manage waste generated in the logistics process, and formulate targets and plans for waste recyclingand reduction.Manage waste generated in the logistics process.

During the repoing period, the Company has passed the ISO 14001 Environmental Management System ceication and been awarded the titlesof Provincial Green Facto.

Wufangzhai Environmental ManagementSystem ceication

Provincial-level Green Facto

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Impact, Risk, and Oppounity Management

Strategy

Leakage RisksCost increase

Medium tolong term

Operations

Unforeseen factors such asnatural disasters and equipmentfailures may lead toenvironmental accidents likepollutant leakage, which notonly cause severe pollution tothe surrounding environmentbut may also result in severepenalties from regulatoauthorities.

Establish and improve the emergencyresponse plan system, develop detailedemergency response procedures andhandling measures for potentialpollutant leakage accidents caused bynatural disasters, equipment failures, etc.,to ensure a rapid and eective responsein the event of an accident.

Technical RisksCost increase

Medium tolong term

Operations

Abnormal operation ofenvironmental facilities may leadto the direct discharge ofpollutants such as wastewaterand waste gas into theenvironment without adequatetreatment, thereby adverselyaecting ecological balance andpublic health.

Regularly inspect and maintainenvironmental protection facilities toensure their normal operation andcompliance with emission standards;Establish and improve environmentalmanagement systems and operationalprocedures, conduct environmentaltraining to ensure that employeesoperate in accordance withspecications and meet environmentalrequirements.

Risk Catego

Financial Impact

Explanation

ImpactPeriod

Value ChainSegmentAectedRisk DescriptionCountermeasures

Legal RisksCost increase

Medium tolong term

OperationsAs environmental laws andregulations become increasinglystringent, companies need tomitigate environmental risks andprevent penalties andreputational damage resultingfrom environmentalnon-compliance.

The Company continues to invest inenvironmental protection, managing thegeneration of pollutants and reducingthe resulting negative impacts;The Company closely monitors andkeeps up with the latest environmentalpolicies and regulato developments,promptly adjusting and optimizing itsenvironmental protection plans.

Oppounity

Catego

Financial ImpactExplanation

ImpactPeriod

Value Chain

SegmentAectedOppounity DescriptionCountermeasures

MarketOppounities

Revenueincrease

Medium tolong term

OperationsBy strengthening environmentalcompliance management, theCompany can fuherdemonstrate its socialresponsibility, enhance its brandimage, and increase consumertrust.

Continuously increase investment inenvironmentally friendly facilities,optimize and upgrade environmentallyfriendly facilities to ensure ecienttreatment and stable, compliantdischarge of pollutants generated duringthe production process; regularlydisclose environmental information,actively accept social supeision, andstrive to enhance the Company'senvironmental credibility.

Environmental Impact Identication and AssessmentThe Company has established the Environmental Factors and Hazard Source Identication and Assessment Procedure, which claries the processfor identifying and assessing environmental risks. It provides scientic and eective guidance for recognizing potential environmental risk factors,conducting reasonable evaluations, and subsequently formulating and implementing targeted response measures.

Environmental Risk Assessment Flowcha

Establish a workinggroup for environmental

aspect and hazard

source identication

Investigate and

identifyenvironmentalaspects andhazard sources

Reviseenvironmentalaspects andhazard sourcesFormulate controlmeasures for signicantenvironmental aspectsand major hazardsourcesEvaluate and conrmsignicant environmentalaspects and majorhazard sources

Select activities,products,or seices

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

The Company regularly compiles and publishes the Environmental Risk Assessment Repo based on the environmental risk assessment process,conducting comprehensive pollutant identication across the production processes of various products and accurately pinpointing key stageswhere pollutants are generated. Based on the assessment results, the Company formulates targeted optimization plans and emission reductiongoals to ensure the systematic and eective management of environmental practices.The Company conducts environmental impact assessments for construction projects in accordance with the law, prepares environmental impactassessment documents, and submits them for approval following the prescribed procedures. At the same time, the Company strictly implementsthe "Three Simultaneities" system, ensuring that environmental protection facilities are designed, constructed, and put into operation simultane-ously with the main project. This eectively prevents and controls environmental pollution risks, ensuring that construction projects comply withnational and local environmental protection standards.

Indicators and TargetsThe Company has set clear wastewater reduction targets: by 2025, the Company's sewage discharge will decrease by 5% compared to the sameperiod in 2024. During the repoing period, the Company has already achieved the target, with wastewater discharge decreasing by 7.5%compared to 2024(Note: Data only includes Jiaxing and Chengdu bases.).

Strengthening Environmental AwarenessThe Company irregularly conducts environmental protection training for employees across various depaments, covering topics such as environ-mental laws and regulations, interpretation of policies and standards, as well as environmental risk points and corresponding prevention andcontrol measures in daily operations. Through professional explanations and case analyses, the training helps employees intuitively understand theimpoance of environmental protection and ensures they can respond quickly and accurately in emergency situations, thereby eectively reducingthe Company's environmental accident risks. During the repoing period, the Company organized 10 environmental protection training sessions,with 600 Paicipants and a total training duration of 1,200 Hours.

In addition, the Company regularly conducts quantitative environmental risk assessments in accordance with the Enterprise EnvironmentalEmergency Risk Classication Method, compiles and publishes the Environmental Emergency Risk Assessment Repo, and identies and classiesthe Company's environmental risks. Based on the assessment results, the Company scientically allocates emergency resources at correspondinglevels to ensure that emergency response eos are more targeted and ecient.

Environmental Emergency Response ManagementThe Company has prepared the Compilation Instructions for Emergency Response Plans for Sudden Environmental Incidents and the InvestigationRepo on Emergency Resources for Sudden Environmental Incidents, establishing and improving the emergency response mechanism for environ-mental pollution incidents. By setting up an emergency command headquaers for sudden environmental incidents, clarifying the emergencyorganizational structure, division of responsibilities, and response procedures, a systematic emergency response plan is formed. This ensures timelyrepoing of pollution incidents and the rapid and eective organization of personnel evacuation, on-site cleanup and decontamination, environ-mental monitoring, dynamic tracking of pollution, information dissemination, as well as ecological and environmental impact assessment andrestoration, minimizing accident losses and environmental harm to the greatest extent possible.

Emergency Drill for Gas Storage Tank Leakage IncidentEmergency Drill for Steam Pipeline Leakage Incident

Key indicatorsTotal Environmental Protection InvestmentEnvironmental Violations and Illegal IncidentsMajor Environmental Pollution IncidentQualication Rate of Pollutant Monitoring

UnitMillion RMB

Piece

Piece%

2025

162.97

Wastewater Management

The Company strictly adheres to the Water Pollution Prevention and Control Law of the People's Republic of China and has established regulationssuch as the Wastewater Discharge Control Procedures and the Wastewater Management System. These regulations clarify the division of responsi-bilities for wastewater treatment and standardize the operational procedures for the separation of clean and polluted water. The Company hasestablished a pollution prevention and control organizational structure that spans from the general manager to specialized depaments, eectivelymanaging the compliant discharge of pollutants.

Pollution Prevention and Control

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

The Company implements wastewater reduction and recycling. Through advanced water treatment technologies, the daily cleaning wastewater ispuried and recycled for the production process, which eectively improves water resource utilization eciency, reduces the consumption of freshwater resources, and ensures the hygiene of water used for food cleaning. The Company has promoted the renovation of production equipmentsuch as the water-saving bamboo leaves cleaning production line and the upgraded rice washing production line, increasing the internal recyclingof cleaning water and fully realizing the rational utilization of production water resources.

Wastewater Recycling Measures

The wastewater generated by the Company mainly includes production wastewater, domestic sewage and steam condensate.The Company hasbuilt its own integrated sewage treatment station for advanced sewage treatment. The euent complies with the Integrated Sewage DischargeStandard, and key indicators such as ammonia nitrogen and phosphorus are controlled to meet the requirements of the Indirect discharge foremission limitation of nitrogen and phosphorus for Industrial Wastewater. The treated wastewater is safely discharged into the municipal sewagepipe network.During the repoing period, the Company’s wastewater treatment facilities operated stably. All treated pollutants met the Class III dischargestandards specied in the pollutant discharge permit, achieving 100% compliant discharge.

Note: The environmental data is calculated on a basis covering all production bases of the company, which has resulted in signicant changes in some datacompared with last year. Unless otherwise specied, the environmental data in the following sections shall be consistent with this calculation scope.

IndicatorWastewater Discharge VolumeWastewater Discharge per Million Revenue

Chemical Oxygen Demand (COD)Ammonia Nitrogen EmissionTotal Phosphorus (TP)Total Nitrogen (TN)

Unit

TonTon per Million RMB revenue

Ton

Ton

Ton

Ton

2025368,656.11

164.41

50.80

1.15

0.59

0.42

Waste Gas ManagementThe Company strictly abides by the Atmospheric Pollution Prevention and Control Law of the People's Republic of China, and has formulated systemsincluding the Waste Gas Emission Control Procedures and Wastewater Management System. It claries the control and monitoring procedures forwaste gas emission, standardizes the operation procedures of waste gas treatment equipment, and ensures that all indicators of waste gasemission comply with relevant national standards.In terms of management responsibilities, the Safety and Environment Depament is responsiblefor the supeision, management, inspection, assessment and upward repoing of air pollution prevention and control. The Production Manage-ment Depament is responsible for the operation, management and synchronous scheduling of pollution prevention facilities, and implementsproduction suspension and restriction measures during periods of heavy air pollution.The waste gas generated in the Company’s production area mainly includes oil fume from workshops, natural gas combustion waste gas, odor fromproduction and the sewage treatment station, as well as canteen oil fume.Eve year, the Company entrusts qualied third-pay testing institutionsto monitor the emission of air pollutants, and implements classied treatment for various types of waste gas.

Organizational StructureGeneral Manager

Responsibilities

Holds overall responsibility for sewage treatment and integrates water pollution prevention into theCompany’s development plan. Organizes the formulation of sewage treatment plans, objectives andimplementation schemes, supeises all depaments in implementing relevant measures to ensure thenormal operation of facilities, conducts regular inspections and solves problems, and provides neces-sa personnel and equipment to suppo the work.

Other Depaments

Production Depament: Reduce wastewater generation, optimize production processes and lowerpollutant emissions.Equipment Management Depament: Conduct regular inspection and maintenance of sewagetreatment facilities to ensure stable and normal operation.Human Resources Depament: Strengthen personnel training and improve the professional skills ofrelevant operators.

Environmental

ProtectionDepament

Implements sewage treatment in practice; responsible for the daily operation, maintenance andmanagement of treatment facilities, monitors operational data to ensure compliant discharge, carriesout technical renovation, equipment procurement, installation and commissioning of facilities, andrepos work progress on a regular basis.

MeasuresSpecic Content

The cooling water from the sterilization kettle is recycled into a 33 m? cooling water tank,cooled by a cooling tower and then reused. This can save 132 m? of water per day and reducesewage discharge.Recycled Water Recycling Systemfor Cooling Water of Breakfast

Porridge Sterilization Kettle

Tap water is treated by the RO system and stored in a mixing water tank (90 m? in volume) forrepeated use by the sterilization kettle. About 320 m? of water can be saved per day during thepeak production period, with a corresponding reduction of 320 m? in sewage discharge.

Water Recycling forSterilization Kettle

The rice washing machine realizes internal water circulation through pumping for ricecleaning. 6.4 m? of water can be saved per day during the peak production period, reducingsewage treatment and discharge.The spray water during the cleaning process is collected and returned to the water collectiontank at the bottom of the equipment for recycling. 97.2 m? of water can be saved per dayduring the peak production period, reducing sewage discharge.Water Recycling for BambooLeaves Cleaning Machine

Water Recycling for RiceWashing Production Line

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Waste Gas TypeDisposal Measures and Standards

Workshop Oil Fume

Complies with the Emission Standard of Cooking Fume (Trial)(GB18483-2001). Gas collecting hoods(collection rate ≥ 85%) and oil fume puriers (purication eciency ≥ 85%) are installed in the stirfing and fing areas. The treated waste gas is discharged through a 15 meter high exhaust pipe.Natural Gas Combustion

Waste Gas

Complies with Grade II standards of the Integrated Emission Standard of Air Pollutants(GB16297-1996). The waste gas is collected by gas collecting hoods and discharged at high altitudethrough the shared pipeline with oil fume waste gas.Canteen Oil FumeWaste Gas

Complies with the Emission Standard of Cooking Fume (Trial) (GB18483-2001). The stoves areequipped with high eciency oil fume purication facilities (treatment eciency ≥ 90%).

Odor Treatment

Complies with Grade II standards of the Emission Standard for Odor Pollutants (GB14554-93). Allodor generating units in the sewage treatment station are fully enclosed and collected. The odor istreated by two stage spraying and discharged up to standard through a 15 meter high exhaust pipe,ensuring no obvious odor outside the plant bounda.

Noise Management

The Company strictly abides by the Law of the People's Republic of China on Prevention and Control of Pollution From Environmental Noise, and hasformulated the Noise Control Procedures to manage the noise generated during the operation of various production and public utilities such aswater pumps, generators, air compressors and other equipment. Specic control measures include giving priority to low-noise equipment, install-ing vibration isolation pads and silencers during the installation phase to reduce vibration and noise transmission, and adopting special soundinsulation or isolation treatment for key equipment such as generators and air compressors. The Company has also established a daily noisemonitoring mechanism to continuously track the eect of noise control.During the repoing period, the noise at the plant bounda stably met the requirements of Class 3 standards in the Environmental Noise EmissionStandard for Industrial Enterprises Noise at Bounda (GB12348-2008), and no adverse impact was caused to the surrounding environment.

Waste Management

The Company strictly abides by the Law of the People’s Republic of China on the Prevention and Control of Environmental Pollution by Solid Wastesand other relevant laws and regulations, and has formulated the Solid Waste Control Procedures and Solid Waste Management System. Thesedocuments clearly specify the classication standards, collection and treatment procedures of wastes, ensure the legality and compliance of thetreatment process, and keep Waste Disposal Records to eectively prevent and control environmental pollution.All depaments generating solidwastes are responsible for implementing classication, reduction and resource utilization at the source, systematically caring out collection,storage, transfer and ledger management, so as to realize the standardized disposal of wastes in the whole process.During the repoing period, all wastes of the Company were disposed of in accordance with national laws and regulations, and no major adverseimpact was imposed on the surrounding environment.

Hazardous

waste

CategorWaste TypeManagement Measures

General solid waste generated fromemployee life and oce activities, aswell as general solid waste fromequipment maintenance

Ordina waste is entrusted to a third pay for unied removal anddisposal.Cardboard boxes, waste packaging, etc., are irregularly organized andsent out for disposal by the qualied suppliers contracted by the park'slogistics seice depament with the centralized procurement center.Chemicals temporarily stored are sealed and placed in designatedlocations, arranged neatly, and properly labeled and recorded.The water treatment sludge is entrusted to designated units for regularremoval and disposal.

Waste engine oil, ink caridges,toner caridges, etc.

Set up dedicated recycling containers for the classied collection ofhazardous waste.Entrust qualied institutions to car out regular removal and disposal.Conduct regular inspections to ensure that all depaments handlehazardous waste in accordance with regulations.

Waste paper, waste plastic, wastefabric, etc.

Each depament shall set up recyclable waste bins and label them forcollecting recyclable waste.The laborato shall set up chemical recove containers.Oce buildings and factories are equipped with corresponding wasterecycling bins.Takeout disposals are conducted irregularly and uniformly to achieveresource recycling and utilization.

GeneralNon-recyclable

Waste

Recyclable

Waste

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Indicator

NOX

VOCPM

TonTonTon

0.29

0.16

0.03

Unit2025

PAGE

Green Operations

Energy-Saving Building Renovation

To achieve energy conseation and consumption reduction while meeting the relevant requirements of food safety regulations, the Companyimplemented hardware renovations for its production workshops. Through these upgrades, the overall thermal insulation peormance of theworkshops has signicantly improved, and temperature uctuations have been minimized. While reducing the energy consumption of airconditioning and heating, these measures also provide more stable and compliant operating conditions for the production environment.

Green OceThe Company advocates for green oce practices, encouraging employees to adopt environmentally friendly ways of working to collectively createa green, healthy, and sustainable work environment. Additionally, the Company actively carries out environmental protection promotional activities,such as posting environmental awareness posters and displaying environmental knowledge on electronic display screens, to actively promoteenvironmental concepts. Employees are paicularly encouraged to choose green commuting methods like cycling or taking public transpoationto reduce carbon emissions.

Key Peormance

During the repoing period, the Company generated 383.06 Tons of general waste and 0.32 Tons of hazardous waste.

Green Oce InitiativesPaperless Oce, promoting electronic le and paperless voucher management, eectively reducing the use ofconsumables such as paper and ink, while also lowering energy consumption during storage and transpoation.Through electronic and digital management methods, the Company has successfully integrated the concept ofsustainable development into daily operations, making substantial contributions to environmental protection.Promote the concept of water conseation and enhance employees' awareness of water saving.Implement shared printers to reduce the number of printers; reset printers to eliminate ineective printing causedby blind serial connections, and set limits on the oce expense budget for each depament.Promote the use of electronic displays.Oce buildings and public areas are equipped with green plants to beautify the environment, and the surroundinggreene is regularly trimmed and maintained.

Batte recycling bins are set up in oce areas, and the collected batteries are uniformly recycled and processedby suppliers.

A smoke-free oce zone is established, and smokers are required to use outdoor smoking rooms.

Green Oce InitiativesAll types of ordina and high-power light tubes have been replaced with LED lighting, reducing electricityconsumption for illumination. During work breaks (or lunchtime), all electrical equipment (including lighting) isturned o.Air Conditioning Usage Requirements and Restrictions: Cooling activation requires indoor temperature to remainconsistently above 28°C; heating activation requires indoor temperature to remain consistently below 3°C.Additionally, the cooling set temperature must be above 26°C.

Optimizing the building envelope: 60% of the workshop's original windows were conveed into walls, eectivelyreducing heat loss through windows and enhancing thermal insulation.Upgrading window thermal insulation: All remaining windows were replaced with double-glazed insulating glass tofuher reduce heat exchange between the interior and exterior, maintaining stable temperatures within theworkshop.

Ecological Environment and Biodiversity Conseation

Wufangzhai suppos the protection of ecosystems and biodiversity, fullling its corporate responsibilities by advancing green production andsustainable supply chain management. The Company actively carries out energy-saving and carbon-reduction retrots as well as cleaner produc-tion to reduce pollutant emissions, while improving resource utilization eciency through the establishment of a waste soing and recyclingsystem. Fuhermore, the Company emphasizes supply chain sustainability by prioritizing the procurement of eco-friendly raw materials, promot-ing eco-friendly practices in the agricultural sector, and optimizing logistics and packaging to minimize environmental impacts throughout theentire value chain. Through these systematic initiatives, Wufangzhai indirectly suppos ecosystem health and biodiversity conseation on thebasis of compliant operations.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Addressing Climate ChangeGovernanceAgainst the backdrop of intensifying global climate change and the deep advancement of China's "Carbon Peaking and Carbon Neutrality" goals,the state has successively introduced policies and regulations such as the Action Plan for Carbon Dioxide Peaking Before 2030, encouragingenterprises to incorporate climate governance into their long-term development strategies. Wufangzhai strictly adheres to relevant national andindustrial laws and regulations, actively addresses climate risks, and is dedicated to driving a green and low-carbon transition through institutional-ized and professional management.StrategyIn accordance with relevant guidelines and standards, the Company proactively identies climate risks and oppounities from aspects such as rawmaterials, production, logistics, and consumption trends, and develops corresponding measures.

ChronicRisks

Cost increase,revenuedecrease

Long-term

Upstream,operations,downstream

Rising temperatures lead to intensied pestand disease pressures in major producingareas for glutinous rice and bamboo leaves,compromising yield and quality stability inthe long term.Uneven seasonal precipitation in theYangtze River Basin disrupts the haestingcycles of bamboo leaves and escalates rawmaterial storage costs.

Implement energy-saving andemission-reduction actions,establish a sustainabledevelopment committee, andinclude environmental work infuture strategic planning.

Risk Catego

FinancialImpactExplanation

ImpactPeriod

Value ChainSegmentAectedRisk DescriptionCountermeasures

Physicalrisks

Acuterisks

Costincrease

Sho,Medium andLong Term

Upstream,Operations,Downstream

Production facility damage: Naturaldisasters such as gale-force winds, heavyfog, and typhoons may cause damage toequipment and facilities, leading toproduction disruptions and increased costs.Supply risk: Frequent extreme weatherevents (such as oods, droughts, andtyphoons) may aect the yield andtranspoation eciency of core agriculturalproducts like glutinous rice and meat,leading to disruptions in raw materialsupply or increased costs

Develop emergency planssuch as on-site disposal plansfor natural disasters, lightningstrike accidents, and collapseaccidents, and establishemergency responseprocedures for natural disasterincidents.

Market

Risks

Cost increase,

revenuedecrease

Medium tolong term

Upstream,operation,downstream

Climate change may increase the frequencyof oods and droughts in major producingareas for agricultural products like glutinousrice and pork, triggering price uctuationsand driving up raw material procurementcosts；With rising environmental awareness,consumers and clients are increasinglyfavoring green and low-carbon products.Consequently, products lacking sustainableattributes may lose their competitive edgein future market competition.

Accelerate the R&D and iterationof green and low-carbonproducts, strengthen greenbrand marketing and marketpromotion, and communicatethe Company’s sustainabledevelopment and ESG practicesto the market

Technical

Risks

Cost increase,revenuedecrease

Medium tolong term

operations,As the industrial chain transitions towardslower emissions, it faces challenges such asimmature emission reduction technologies.

Implement green procurement,install green power facilities,and reduce carbon emissions.

Risk Catego

FinancialImpactExplanation

ImpactPeriod

Value Chain

Segment

AectedRisk DescriptionCountermeasures

TransitionRisks

PolicyRisks

Cost increaseLong-termOperationsDomestic and international carbon pricingmechanisms (e.g., carbon taxes and the EUCarbon Border Adjustment Mechanism, orCBAM) may increase corporatecarbon-related costs, paicularly posingchallenges to the competitiveness ofexpo-oriented businesses.

Selected products feature greenpackaging under the"Bamboo-for-Plastic" initiative,eectively reducing thegeneration of packaging waste.Prioritizing energy conseationand carbon reduction, theSustainable Development Oce(SDO) conducts regularmonitoring and research onoverseas ESG policydevelopments.

TechnicalOppounities

Costdecrease

Medium toLong Term

Upstream,OperationsEnhance climate resilience by collaborating withupstream paners to strengthen the disasterresistance of raw agricultural products, therebyreducing the supply risks of raw materialscaused by climate risks.

Build a sustainable supplychain to reduce supply risks.

Oppounity

Catego

FinancialImpactExplanation

ImpactPeriod

Value ChainSegmentAectedOppounity DescriptionCountermeasuresMarketOppounities

Revenueincrease

Medium toLong Term

OperationsImplement ESG, promote low-carbonconcepts, and meet the ESG supply chainrequirements of major clients.

Practice low-carbon Principles,Improve ESG Ratings.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Product Carbon Footprint (PCF) Verication Statement

Installing rooftop PV systems

Photovoltaic(PV) Project ConstructionThe Company actively utilizes clean energy and develops PV projects to reduce the consumption of traditional energy. PV power generation equip-ment has been installed by utilizing the rooftop space of facto buildings. As of the end of the repoing period, the Company’s installed PV capac-ity reached 4.62 MW. In 2025, the total power generation amounted to 2,347,100 kWh, resulting in a reduction of 1,290.88tCO2e in greenhousegas (GHG) emissions.

Impact, Risk, and Oppounity Management

Indicators and Targets

The Company, in reference to the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), analyzes the risks posed byclimate change to the Company's operations, supply chain, market, regulations, and other aspects across three major categories: physical risks,transition risks, and oppounities, while also identifying potential oppounities in the low-carbon transition. For the identied risks and oppouni-ties, the Company develops response measures and action plans to ensure it has sucient capabilities and resources to address climate changerisks, seize climate change oppounities, and establish a closed-loop management mechanism for climate change risks.

Establishment of Carbon Management SystemTo achieve scientic management of carbon emission reduction targets, the Companyhas completed product carbon footprint verication and is actively planning corpo-rate-level carbon invento. Through systematic invento of the Company’s carbonemissions, we will map out emission reduction pathways, set clear carbon emissiontargets, and conduct regular monitoring and evaluation of emission reductionprogress, so as to ensure the orderly advancement of carbon management work.

The greenhouse gas (GHG) calculation standards are formulated with reference to the Requirements of the Greenhouse Gas Emission Accounting and Repo-ing—Food, Tobacco, Alcohol, Beverage, and Rened Tea Enterprise (Trial) issued by the National Development and Reform Commission (NDRC). The GHGemission data are conveed and calculated based on the energy consumption data.

Key indicators

Total GHG Emissions(Scope 1 and Scope 2)Scope 1 Total GHG EmissionsScope 2 Total GHG EmissionsGHG Emission IntensityGHG Emission Reduction (Photovoltaic Power Consumption)

UnittCO2etCO2etCO2e(tCO?e/Million RMB Revenue)

tCO2e

2025

9,913.842,170.837,734.00

4.42

2,016.26

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

The air conditioning systems and vacuum cooling units in the production workshops have been conveed to share centralized cooling from icewater units, supplemented by plate heat exchangers and cold water storage tanks for storing chilled water. This design allows vacuum coolers touse RO water as the cooling source, while air conditioning units use normal-temperature tap water, replacing the original low-eciencyone-to-one air-cooled module cooling mode. The system adopts a combination of xed-frequency and variable-frequency operation that can beadjusted according to seasons. The two units are installed in parallel with redundant backup capability; if one unit fails, the other can continueoperating to avoid production interruption.

Centralized Cooling Water Supply

Firstly, linked control of the unmanned cooking line and exhaust system. Stainless steel exhaust air ducts are installed above cooking pots. Bycollecting the pot-opening signal, the variable-frequency fans connected to corresponding valves are activated in a linked manner to dischargesteam outdoors in a timely manner. The exhaust system stops operating when the cooking pots are not in use, helping to maintain the coolingcapacity of the workshop air conditioning. Secondly, temperature control in the lling stir-fing room. Compared with the old workshop’s coolingmethod of air supply combined with large-volume exhaust, the pilot workshop is equipped with air supply hoods outside the smoke exhausthoods. The air supply volume is less than the smoke exhaust volume, forming an air cuain isolation in the smoke exhaust area, which improveslocal temperature control and reduces energy consumption.

Temperature and Humidity Linked Control

Through R&D investment, the Company has innovatively adopted a high-temperature steaming process for cooking zongzi, integrating the originalmultiple processes including cooking, bag lling, water injection, vacuum packaging and sterilization into two main processes: vacuum packagingand sterilization. This process achieves sterilization while cooking zongzi, helping to reduce the thread-loosening rate of zongzi, improve the qualityof vacuum-packed zongzi products, and reduce water, electricity and gas consumption as well as wastewater discharge during cooking.

Integrated "Cooking-Vacuum" Production Process

Governance SystemThe Company is committed to building a resource-conseing and environ-ment-friendly development model. It strictly abides by the Energy Conseation Lawof the People's Republic of China and other relevant laws and regulations, andactively carries out the construction of an energy management system.The Compa-ny has formulated the Resource and Energy Control Procedures. The Supply ChainCenter takes overall charge of the control and management of the Company'senergy consumption, and each user depament is responsible for the rational useand control of resources and energy in the areas under its management. As of theend of the repoing period, the Company has obtained the ISO 50001 EnergyManagement System Ceication.

Energy Saving and Consumption Reduction PracticesIn the eld of energy saving and carbon reduction, the Company has formulated a clear and systematic plan that runs through full-processmanagement from the front end to the back end, to ensure the ecient achievement of emission reduction targets.

In the production link, the Company continuously invests resources to advance process improvement and technological innovation. Throughcontinuous innovation in production processes and the introduction of advanced production technologies and equipment, the Company hasfuher optimized the production ow, eectively improved energy utilization eciency, and reduced energy consumption per unit product.

Optimizing Resource UtilizationEnergy Management

Energy Management System Ceication

Optimization of Production Processes

Heat recove renovation has been implemented for the unmanned rice dumpling cooking lines and bamboo leaf cooking pots. During operationand pressure relief, the cooking pots and bamboo leaf cooking pots generate a large amount of high-temperature steam condensate (with atemperature above 100℃). By recovering this pa of heat, the tap water in the hot water tank is preheated. The preheated hot water is used forpersonnel washing and disinfection in the workshop and R&D laborato, as well as for bamboo leaves cooking, thereby cutting down energyconsumption from additional heating.

Heat Recove of Cooking Lines

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

%

Key indicators

Natural GasSteamTotal Electricity Consumption

Purchased HeatRenewable Energy Consumption

Total Energy ConsumptionEnergy Consumption Intensity

Unit

10,000 m?10,000 m?

KwhKwh%GJTon of standard coal equivalent

%Ton of standard coal equivalentTons of standard coal perMillion RMB revenue

2025 (Aggregated Data of All Bases)

Photovoltaic power consumption (including purchased volume)Propoion of photovoltaic power consumption

(including purchased volume)

Propoion of Renewable Energy in Total

Energy Consumption

100.30

36,787.6517,493,080.363,665,931.66

20.96

1,255.19

450.54

13.21

3,411.27

1.52

Energy Management Objectives

The Company focuses on green development and prot growth as its core strategic direction, actively caring out special research on energyconsumption to understand the actual energy usage of each depament, identify energy-saving potential, and improve energy utilization ecien-cy. In 2025, the Jiaxing base of the Supply Chain Center formulated an implementation plan for electricity conseation measures, promoting thephased implementation of energy management plans and tracking the achievement of targets year by year.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Note: The calculation of total energy consumption is based on General Principles for Calculation of Comprehensive Energy Consumption (GB/T 2589-2020).

Energy Use Strategic TargetsIndicatorsStrategies and Targets2025 Interim Targets2025 Target AchievementPropoion of GreenPower Used

By 2030, the propoion ofgreen power used shall beno less than 25%.

The propoion of PVpower generation usedshall exceed 20%.

Photovoltaic poweraccounted for 20.96% of totalelectricity consumption.

战略与目标

Electricity Conseation Measures Implementation Plan

Conduct Research on Electricity

Consumption Resources

Promote Energy-SavingEquipment and Technologies

Conduct Electricity

Conseation Publicity

Car out a detailed investigation of electricity consumption in various depaments,including equipment power, operating hours, etc.Analyze and determine adjustment directions based on research results, introduceadvanced energy-saving production equipment and upgrade energy-savinglighting.Enhance employees’ awareness of electricity conseation, ensure no or minimal idleoperation of equipment, and turn o lights when leaving.

MeasuresSpecic Content

Water Resource UtilizationWufangzhai actively responds to the national "Water Conseation Priority" strategy, reducing production water consumption costs. In accordancewith regulations such as the Water Law of the People's Republic of China, the Chengdu Water Conseation Management Regulations,and theWater-saving Requirement for Food Fabrication Plant, the Company has formulated the Water Conseation Management System, the Water UseMeasurement Management System, and the Water Conseation Target Responsibility and Assessment System. Guided by the fundamentalprinciples of "Hierarchical Management, Circular Utilization, Full Sta Paicipation," the Company strictly controls water resource utilization acrossall depaments and water usage processes.The Company has established a Water Conseation Management Leading Group, with the General Manager as the group leader and the headsof the Equipment Team, all workshops and the Logistics Team as members. The group is responsible for approving annual water conseationtargets, holding regular special meetings on water conseation, and coordinating capital investment in water-saving technological transforma-tion.In April 2025, the Company entrusted a third-pay institution to conduct a water balance test, which passed the acceptance inspection.

PAGE

Water Conseation Goals

The Company actively promotes water conseation equipment and technology, explores potential water conseation points and sets waterconseation goals, establishes a water resources database, regularly tracks completion progress, records water usage by each depament, andprovides a scientic basis for water resources management decisions.

Key indicatorsTotal Fresh Water WithdrawalTotal Water ConsumptionWater Recycling and Reuse VolumeWater Recycling and Reuse Rate

UnitTonTonTon

%

2025337,600.30385,430.30

15,484

4.02

Circular EconomyThe Company actively implements the green concept in material use, and has formulated the Measures for Material Recycling Management. TheWarehouse Depament, Logistics Depament and Administration Depament are jointly responsible for material management, and standardizethe recycling, classication, treatment and reuse processes of recyclable materials in warehousing and logistics links, so as to reduce material loss,cut environmental waste and improve the resource recycling and reuse rate.The Company continuously innovates and develops green and environmentally friendly packaging, actively collaborates with packaging suppliers,and uses natural plant materials for packaging production to reduce ecological damage. It ensures that packaging is environmentally friendly andpollution-free through measures including the "Bamboo-for-Plastic" initiative, the application of degradable packaging and packaging reduction.

Water Conseation MeasuresThe Company's production and domestic water supply is entirely sourced from municipal water supply networks, with no direct extraction fromnatural water bodies such as rivers and lakes. Additionally, all operational sites are located far from water source protection areas. This ensurescompliance with water usage regulations at the source and eectively avoids potential impacts on the surrounding water environment andecological protection zones due to water extraction activities.In the course of production and operations, the Company fully considers the water resource caring capacity to avoid overuse and waste. Itreduces water consumption by replacing sterilization equipment, adding water storage tanks, recycling brush cleaning water, establishing sewagetreatment systems, and collecting and redistributing steam condensate.

战略与目标Water Conseationin Production Processes

Optimize raw material cleaning processes to enhance water-saving eciency;Install condensate recove systems for steam boilers to improve recycling;Rene ushing procedures to reduce the frequency of ushing.Install water-saving ush valves in restrooms and enhance inspections to prevent leaks andspills; set up "residual water collection buckets" for bottled water and water dispensers to beused for mopping oors and watering plants;Tableware cleaning follows a three-step method: "centralized soaking → ecient rinsing →disinfection"; an oil-water separator is installed, and the treated wastewater is used for cleaningthe garbage room.The greening of plant area utilizes an intelligent drip irrigation system, with rainwater collectiontanks prioritized for water supply during non-rainy seasons.

Training and Promotion

Auxilia WaterConseation Measures

New Employee Onboarding Training adds a "Water Conseation Operation Procedures" course;Eve March (National Water Conseation Awareness Week), water conseation promotion.

战略与目标

"Bamboo-for-Plastic"Initiative

Increase the propoion of environmentally friendly and recyclable materials such asbamboo baskets and paper rattan in the packaging materials of zongzi gift boxes, toreduce the use of plastic consumables.

Optimize packaging structure to reduce the use of plastic consumables. The gramweight of plastic trays is reduced on the premise of ensuring product quality. Atpresent, the gram weight of plastic trays for mung bean cakes has been reduced byabout one-third, and that for Qingtuan has been reduced by one-quaer.Packaging Reduction

Vest bags, straws and other materials used in takeaway packaging are all made ofdegradable materials.Degradable Materials

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Water Resources Utilization GoalsStrategies and Targets2025 Interim Targets2025 Target AchievementBased on the benchmark year of 2024, waterallocation is targeted to decrease by 15% by 2030

Compared to 2024, water usage in2025 decreased by 28.73%Annual water allocation usagedecreased by 10%

PAGE

SDGs

Uniting for CollectiveWell-being,Advancing Toward Shared Success

Wufangzhai attaches great impoance to the value of talents. Itfocuses on talent development and team building, cares for employ-ees' occupational health and rights and interests, and stimulates theinnovation vitality of the team.On the one hand, the Companyoptimizes its talent structure to meet the needs of strategic goals; onthe other hand, it adheres to the "internal rst, external second"principle, builds a dual-channel career development systemcovering management and professional tracks, provides a safe andcomfoable production and oce environment as well as compen-sation and benets matching employees' value contributions, so asto enhance employees' sense of professional well-being andbelonging.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Employee Rights and Interest Protection

Talent Recruitment and AttractionThe Company strictly complies with theLabor Contract Law of the People's Republic of Chinaand other relevant laws and regulations. It hasestablished a comprehensive human resources management system, including theEmployee Handbook,Recruitment Management Measures, andTraining Management Measures, to eectively protect the legitimate rights and interests of both the Company and its employees. In 2025, theCompany's labor contract signing rate reached 100%.The Company strictly prohibits any form of forced labor. By implementing a standardized identity verication process, it explicitly forbids the hiringof individuals under the age of 18 to prevent the recruitment and inadveent hiring of child labor. During the repoing period, the Company hadno incidents of child labor misuse or forced labor.The Company has always regarded excellent talent as a cornerstone of the enterprise. To attract outstanding individuals, it actively builds diverserecruitment channels. It demonstrates diversity and innovation in its recruitment approaches and methods, attracting multifaceted talent throughvarious channels such as university campus recruitment, social recruitment, internal referrals, and Liepin. During the repoing period, the Companyrecruited 1,393 new employees.

Equality and Inclusion in the WorkplaceThe Company attaches great impoance to building an equal and inclusive workplace. In the recruitment process, it always adheres to the principleof "Openness, Equality, Competition and Merit-based Selection", ensures that no dierential consideration is given to candidates based on theirgender, race, religious belief or recommender, and guarantees equal oppounities for all applicants.During the repoing period, the Companyrevised the Employee Handbook, added a chapter on "Employee Rights and Interests Protection", and formulated relevant regulations coveringanti-discrimination and anti-harassment, forced labor prevention, and management of child labor and juvenile workers, to continuously advancethe development of a harmonious and inclusive workplace.

Campus Recruitment

Introduce outstanding graduates through the Management Trainee program, seeking "avorcreators" with innovative spirit and professional capabilities to jointly drive brand rejuvenation andinnovative development. In 2025, the Company recruited 16 management trainees.Actively establish school-enterprise panerships with major universities to ensure a stable inow offresh talent. For example, the Company has established a panership with Jiangnan University, aprestigious institution specializing in food science, to recruit graduates majoring in food researchand development, food safety, and related elds.

Social Recruitment

Break down the barriers of time and space by developing social recruitment channels such ashuman resource seice companies, headhunters, and recruitment websites.

Diverse Recruitment

Conduct recruitment targeting veterans and individuals with disabilities, actively providingcomprehensive suppo and care for potential candidates, including veterans.

Internal Referral

Publish internal job postings on the intranet and encourage current employees to recommendoutstanding talent, thereby broadening talent sources through employees' social networks.

EmployeeAnti-Discrimination

andAnti-Harassment

Forced LaborPrevention

Management of Child

Labor and Juvenile Workers

All members of the Company shall be free from any form of discrimination and harassment in theworkplace, so that all members can fully leverage their professional expeise and maximum potential withpeace of mind, and safeguard their physical and mental health. The Company commits to providing aharassment-free workplace environment and adopts a zero-tolerance policy towards any form ofdiscrimination and harassment. The Company takes issues of discrimination and harassment repoed bymembers seriously, and ensures such issues are eectively resolved.

The Company commits to strictly implementing the Provisions on the Prohibition of Using Child Labor andother applicable laws and regulations. It has formulated corresponding policies and procedures, andcommunicated them to all employees and other stakeholders. For juvenile workers, the Company strictlyabides by the Special Provisions on the Protection of Juvenile Workers.The Company has set up age verication in the recruitment and onboarding processes. Candidates arerequired to ll in and sign the job application form (including ID card information). After a candidate isoered employment, the incoming sta shall provide the original and copy of their ID card as pa of theonboarding materials for the nal pre-employment age verication.

The Company commits to providing a safe, healthy and fair working environment for employees,promoting labor-management harmony and achieving sustainable development. Any depament orindividual in violation of relevant regulations will be severely dealt with in accordance with laws andregulations.

The Company has set up a dedicated repoing email address for the above-mentioned human rights-related incidents:

gonghui@wufangzhai.com

PAGE

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Health Science Popularization and Free Clinic Activitiesfor Female Employees

PAGE

%

Key indicatorsNumber of Labor Discrimination Incidents

Number of Employees with DisabilitiesNumber of Ethnic Minority EmployeesPropoion of Ethnic Minority EmployeesNumber of Ethnic Minority Employees in Management

UnitCasePersonPerson%Person

2025

2.55

Employee Diversity Structure

During the repoing period, adhering to the diversity and inclusive employment philosophy, the Company actively recruited outstanding talents ofdierent ages and educational backgrounds. Among them, the Company hired 137 pa-time employees and did not hire any dispatched employ-ees.

The Company strictly abides by laws and regulations including theLaw of the People's Republic of China on the Protection of Rights andInterests of Women. It has established prenatal check-up leave,maternity leave and breastfeeding leave for female employees, toensure they get sucient rest during special periods and eectivelysafeguard women's rights and interests.The Company has set upmother and baby rooms to provide private spaces for breastfeedingfemale employees and their children, to meet the needs of femaleemployees during special periods.In addition, the Company organiz-es annual specialized gynecological physical examinations for femaleemployees, distributes International Women's Day gifts to all femaleemployees, and holds a variety of festive activities such as owerarrangement events and lectures, to fully implement care measuresfor female employees.2,530PersonTotal Number of Employees3,570PersonFemale

1,040Person

Employee

GenderStructure

Male

1,041PersonUnder 30 years old (excluding 30)

695Person

Employee

AgeStructure

460Person

1,374Person

30-40 years old (including 30, excluding 40)40-50 years old (including 40, excluding 50)50 years old and above

517Person

Master's Degree and Above

2,529Person

EmployeeEducationBackgroundStructure

477Person47Person

Bachelor's DegreeJunior College DiplomaBelow Seconda Technical School

218Person

Production

1,634Person

EmployeeProfessional

Structure

92Person119Person

1,507Person

SalesTechnicalFinanceAdministration

11Person

Mainland China

EmployeeGeographicDistribution

5Person

3,554Person

Hong Kong, Macao and Taiwan Regions of ChinaOverseas Regions

International Women's Day Series Activities

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Employee Remuneration and Benets

The Company adheres to the philosophy of "pay for position, pay for competence, pay for peormance", has formulated the Measures for Remuner-ation Management, optimized the remuneration structure, and continuously improved the remuneration and benet system. Guided by strategicpeormance and centered on value creation, it has built a scientic and fair incentive and restraint mechanism to stimulate employees' enthusiasmand creativity, and improve their work eciency.If employees have any objection to the peormance appraisal results, they may rst communicatewith their direct supeisor. If the communication fails, they may fuher submit an appeal to the Human Resources Depament. The HumanResources Depament will launch an investigation procedure after accepting the appeal, complete the verication and give feedback on the nalhandling opinion within three working days.In accordance with relevant national laws and regulations, the Company has clearly stipulated working hours, holidays and attendance manage-ment in the Measures for Attendance Management. The Company lawfully implements the corresponding working hour management systemaccording to the production and operation characteristics and actual conditions of dierent positions.The Company has built a multi-level and multi-dimensional employee welfare system, which mainly consists of four categories: statuto benets,general benets, special benets, as well as commendation and incentive benets. It eectively practices the corporate values of "Harmony, Integri-ty, Excellence, Innovation". Through a design that attaches equal impoance to material security and spiritual incentives, and balances universalcoverage and targeted suppo, the Company continuously enhances employees' sense of belonging and organizational cohesion, and injectstalent vitality into sustainable development.

Key PeormanceIn 2025, the propoion of female employees in management was 50.41%, and the propoion of female employees reached

70.87%. The number of employees who took maternity leave was 70, with a return-to-work rate after maternity leave of 67.14%.

Key PeormanceIn 2025, the Company’s social insurance coverage rate was 100%, and employee welfare expenditure was RMB 24.9077 million .

Key PeormanceIn 2025, the number of proposals reviewed and adopted by the Company’s Workers’ Congress was 13 .

Employee Democracy and CommunicationThe Company fully leverages the function of its trade union organizations, establishing and improving the Workers' Congress system. Throughchannels such as the Workers' Congress and employee symposiums, it eectively safeguards the legitimate rights and interests of employees andenhances their sense of belonging. During the repoing period, the Company implemented the "Progress Together 100" annual trade uniondialogue initiative, where the Union Chairman randomly selected 100 employees for face-to-face communication, promptly addressing and resolv-ing practical diculties faced by employees. Concurrently, members of the Pay Committee Committee also connected with external Pay branch-es to consolidate development synergy. The Company convened a total of 3 employee representative symposiums. In response to 13 suggestionsand opinions raised by employees concerning talent development, remuneration and benets, and other areas, the Pay Committee and tradeunion provided detailed responses and solutions. During the Workers' Congress, concerns were addressed directly through on-site Q&A sessions.Information regarding major decisions, rules and regulations, and welfare distributions that aect employees' immediate interests was disclosedpromptly through internal websites, work group chats, and team meetings, ensuring employees' rights to information, paicipation, and supei-sion.

PAGE

The Company grants Long Seice Awards to employees with a length of seice of 5, 10, 20 and 30 years withthe Company eve year.At the end of each year, the Company conducts consolation visits to the families of seconded employees andpresents gratitude and consolation gifts.The Company holds quaerly retirement commendation ceremonies, and issues a retirement honor ceicateand retirement souvenir to each retired employee.Other Benetsand Welfare

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

The Company advocates for an open-door policy and a harmonious and friendly work atmosphere, encouraging employees to le complaints withrelevant depaments when their personal interests are improperly infringed upon or when they discover any violations of Company regulations.Depaments and employees receiving complaints must maintain strict condentiality for the complainant, handle the complaint promptly, andprovide a response.

PAGE

Employee SatisfactionBeginning in 2025, the Company optimized its satisfaction suey eos. Guided by employee engagement and satisfaction metrics, it sueyedindividual employee engagement and satisfaction levels, as well as the drivers of these metrics. The Company generated comprehensive employeeengagement and satisfaction repos for all sta, analyzed the driving factors, and implemented improvements to foster the mutual growth anddevelopment of both employees and the Company. During the repoing period, the Company conducted an engagement/satisfaction sueycovering all 2,737 employees. Overall employee engagement and satisfaction increased by 2.36% year-on-year.

Employee SatisfactionAdhering to a people-oriented philosophy, the Company organizes multiple employee care activities annually. These activities give back to employ-ees, acknowledge their hard work, and promote a balance between work and rest. The Company strives to ensure eve employee achieveswork-life balance and is committed to building a happy workplace lled with a sense of belonging and identity.Based on in-depth research into employee interests and needs, the Company's trade union has established various types of clubs and interestclasses and invested funds in suppoing facilities for employees' recreational activities. The Company houses the Wufangzhai Branch of JiaxingCultural Center and the Wufangzhai Branch of Xiuzhou District Cultural Center. Within the Wufangzhai Branch, there are eight activity areas, includ-ing a tness center, reading room, table tennis room, and spinning room, all dedicated to fully meeting employees' needs for spos and a healthylifestyle, helping them balance work and life. The Wufangzhai Branch of Jiaxing Cultural Center oers 11 club courses, including calligraphy,guzheng (a traditional Chinese musical instrument), dance, traditional Chinese painting, band, choir, yoga, spinning, football, basketball, andbadminton. By the end of 2025, the clubs had provided 385 training sessions, with a total of 2,265paicipants and 385 training hours.

Case

Convening of the Fouh Workers' CongressOn March 28, 2025, the rst meeting of the Fouh Workers' Congressof Wufangzhai was successfully held at the headquaers. The meetingreviewed four documents, including theGroup Business RepoandtheTrade Union Work Repo, repoed on the handling status ofproposals from 2024, voted on the draft proposals for 2025, andrecognized trade union activists. Employee representatives raisedproposals concerning issues of interest, and relevant depamentsprovided responses one by one. This fully leveraged the role ofproposals in connecting with employees and consolidating strength,eectively safeguarding employee interests.

Commend the 2024 Annual Trade Union Activists

2025 Spring Festival Welcome Employee Symposium

Spinning ClubGuzheng Club

Wufangzhai "1921" BandDance Club

Trade Union Email

Human Resource Depament Email

gonghui@wufangzhai.comrenliziyuanbu@wufangzhai.com

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Employee Training and DevelopmentEmployee Training SystemThe Company places great emphasis on the cultivation and development of its talent teams. It systematically and institutionally constructs itstraining system to build a learning organization. This involves conducting valuable training and eectiveness evaluations, emphasizing the feedbackand output of learning outcomes in business results. A train-the-trainer mechanism has been established to enhance the implementation oftraining eectiveness, ultimately empowering talent and improving peormance results. Through digitalized training management, a learningmechanism involving multiple paicipants—including business paners (BPs), HR, employees, managers, and corporate coaches—has beenformed. This enhances the eciency of training operations and ensures the eective implementation of the learning operation process.The Company has established theEmployee Hardship Assistance Policyto eectively suppo employees facing diculties and address theirpractical needs and alleviate diculties. In 2025, the Company put into practice the principle of "Care, Concern, and Compassion" by organizingpersonnel to extend holiday greetings and best wishes to employees in diculty, conveying the "Family-like" suppo of the trade union as their"home". In 2025, the Company provided assistance to 1 employee in diculty, with total hardship assistance amounting to 3,000 Yuan.

10th Employee Fun Spos MeetingRetirement Honor Ceicate"Coolness in High Temperature"

Condolence Activity

Wufangzhai Learning & Development System Construction Objectives

01 Value Positioning

02 Construction Logic

07 Infrastructure Suppo

03 Learning Programs04 Learning Eectiveness05 Faculty Team06 Organizational Operations

Achievement ofCorporate Strategy

Realization ofBusiness Objectives

Suppo forTalent DevelopmentImprovement ofCompetence and PeormanceStrategic Business Objectives& Job Qualication Require-ments

Talent Assessment/Invento

Curriculum System &

Learning Roadmap

Training Management &Institutional System

Knowledge Management &

Internal Courses

Learning Platform &Digital Management

Leadership

Work

Faculty PoolCourse Libra

BP SuppoIn-house Trainers

LearningProfessional CompetenceNew Hires(Social Recruitment)Management Trainees(Campus Recruitment)

General Competence/

Learning Activities

Organizational/Employee Competence Gaps

Learning &Development System

Integrationof Trainingand PracticeSummarization&Accumulation

ExternalFaculty

InternalLecturers

Learning &Development

BusinessDepamentsMentors &CoachesExperienceAccumulationCourseDevelopment

ManagementMeasuresLearningPlatformTools &Processes

Organizational

Drive

Resource

GuaranteeOperationalSuppo

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Employee Growth Empowerment

To build a systematic learning and development system and meet the needs of employee training and business operation, the Company hascompleted the selection, framework construction and internal launch of the learning platform.Through measures including continuous courseupdating, extraction and accumulation of internal knowledge, and activity operation optimization, the Company has eectively improved employ-ees' learning paicipation and job-related professional skills. As of December 31, 2025, the learning platform had 3,273 courses, including 1,161internal knowledge courses and 2,112 external courses.The Company has established a full-process evaluation and assessment mechanism covering all links of pre-training, during-training andpost-training. Through a scientic and systematic evaluation method, it ensures that the training content is closely aligned with employees' careerdevelopment plans, business needs and corporate strategy, so as to stimulate employees' enthusiasm and improve overall team eectiveness.

PAGE

Through the design and implementation of various training programs, the Company optimizes and institutionalizes its operational processes,ultimately forming the"Wufangzhai Curriculum System"that aligns with business development needs and is recognized by employees.

The Company has built a comprehensive and multi-level training curriculum system to provide growth and development suppo for all employees.The training content is rich and diversied, which precisely matches the needs of dierent positions and career development stages.For newly hired employees, the Company has designed new employee training programs to help them quickly integrate into the corporate cultureand master basic skills. For managers at all levels, the Company provides leadership training from junior to senior levels, to improve their leadershipcapabilities and drive team development.In addition, the Company has launched targeted training programs. By analyzing the competencies required for "key business tasks", it identiespersonnel in key positions and customizes learning programs for them. At present, targeted training has covered areas including marketingcapabilities, production management, quality control and food safety, Finance/Human Resources BP, chain store operations and visual design.To promote the eective inheritance and management of employees' knowledge and skills, the Company has cultivated and built an ecient,professional and innovative in-house trainer team. As of December 31, 2025, the in-house trainer team had a total of 45 members, with 50 existingin-house training courses.

Pre-trainingPre-trainingPost-training

The Company identies trainees'training needs and interests throughquestionnaires and one-on-oneinteiews with trainees, and denesthe priorities and core content of thetraining accordingly.

The Company conducts evaluationsthrough written tests, practicaloperation assessments and groupdiscussions, and optimizes thetraining content and methods basedon the evaluation results.

The Company assesses trainees'actual maste of the trainingcontent through two approaches:

feedback questionnaires andpractical application evaluation.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Training Curriculum SystemTraining MethodOnline Training, Oine Training, In-person Training, Remote Training, etc.Trainer Resource

TypeLeadershipDevelopmentProgram

ProfessionalCompetenceEnhancement

GeneralCompetenceLearning

New Hires &Management

Trainees

Training for new hiresfrom social recruitment

Thinking trainingOce software skillsWorkplace professionalism

Managementtrainee training

Frontlineemployee training

New Hire Journeyfrom social recruitment

Structured thinking, innovative thinking,

logical thinking, etc.

Annual Targeted Learning Programs

In-house Trainer / Mentor Courses

Learning Maps

Excel, Word, PowerPoint,AI comprehensive eciency improvement, etc.

Presentation skills,cross-depamental communication,workplace professionalism, etc.Company development histo,corporate culture,Company policies and regulations, essential knowledge & required skills, etc.

ManagementTrainee CampOnline new hirecurriculum systemLearningActivity / Program

Skill competitions &

practical contests

Debate competitionsSand table team building

Outdoor development

activities

Online community

Learning activities?Training integratedwith practice

?Sand table simulation& training outreach

?Knowledgecompetitions

Leadership

model

Senior ManagersMiddle ManagersJunior Managers

plan formulationsystem buildingteam leadingstrategy planning

?MBA Program

?Senior Leadership

Excellence Program?Middle LeadershipAdvancement Camp

?Targeted ManagementCompetence Improvement

?New ManagersTransition Camp

?Team LeaderDevelopment Program

Curriculum SystemTraining Programs / Course Module

Internal Instructors, External Indust Expes

in-housetrainers

mentorsand coaches

knowledge andexperience extractionInternal knowledge andexperience accumulation

chainoperations

trade andcommercee-commercekey accountmanagement

R&Dsupply chainJob qualication

requirements

Business objective

requirements+

Suppo for Continuing EducationThe Company has established in-depth cooperation with the College of Continuing Education of Jiaxing University, set up the Wufang Academy,and fully developed a College-to-bachelor's Degree continuing education program for employees.The establishment of Wufang Academy hasenhanced Wufangzhai's reputation in talent development, built a premium employer brand image, and improved the comprehensive quality of theCompany's junior managers and core technical backbones. Meanwhile, through school-enterprise cooperation and the integration of indust andeducation, it suppos the attraction, retention and motivation of key grassroots talents.In 2024, Wufang Academy organized employees to take the National Adult Higher Education Entrance Examination, with 34 employees nallypassing the exam and gaining admission. In the spring of 2025, Wufangzhai's exclusive college-to-bachelor's degree advancement class ociallycommenced.The launch of Wufang Academy not only elevates Wufangzhai's reputation in talent cultivation and builds a strong employer brand, but alsoupgrades the overall competence of the Company's grassroots management personnel and core technical talents, while facilitating the recruitment,retention and incentive of key grassroots talents.

Occupational Health and Safety

GovernanceThe Company complies with the requirements of laws and regulations such as theWork Safety Law of the People's Republic of Chinaand theLawof the People's Republic of China on the Prevention and Control of Occupational Diseases. It conscientiously implements the safety policy of "SafetyFirst, Prevention Foremost," and has established and implemented an occupational health and safety management system in accordance with therequirements of GB/T28001. This ensures employee occupational health and safety and fosters a safe and healthy work environment. During therepoing period, the Company experienced no major work safety accidents or work-related fatalities.The Company has formulated a comprehensive set of management systems, including the Measures for the Management of Work Safety Responsi-bility System, Measures for the Management of Hazardous Operations and Measures for Occupational Health Management. These systems ensurestandardized implementation of work safety and occupational health management, comprehensively strengthen risk prevention and control inrelevant elds, eectively protect employees' life and health, and build a safe, stable and harmonious working environment.The Company clearlydenes the occupational health and work safety management responsibilities of each depament. The Work Safety Leading Group, as the supremesafety governing body, is responsible for policy formulation, supeision and coordination, peormance appraisal organization, and accidentinvestigation. The Oce of the Work Safety Leading Group, as the permanent executive body, takes charge of daily safety supeision, inspection,training, hidden danger identication and rectication, and professional safety management. The Occupational Health Leading Group is responsi-ble for formulating occupational disease prevention and control plans, establishing management systems, organizing monitoring and evaluation,and emergency management. General Manager / General Manager of Supply Chain Center see as the prima persons responsible for worksafety, with overall accountability for safety management, ensuring sucient resource investment and eliminating potential safety hazards. As of

Clear Development Pathways

The Company suppos the personal development of employees and provides them with well-dened career development paths, divided into amanagement track and a professional track, enabling employees to select the most suitable career development route based on their interests andstrengths. Meanwhile, the Company has established an internal job transfer mechanism, which encourages and suppos eligible employees toswitch development tracks and achieve cross-track development upon passing competence ceication.The Company is committed to providing broad career development prospects for eve employee, and addresses diverse career developmentneeds through the establishment of multi-dimensional promotion tracks. The management track oers a clear growth path from junior to seniorlevels for employees aspiring to take on management roles, with core responsibilities including team member promotion and peormance apprais-al. The professional track is tailored for employees dedicated to deepening their expeise in specialized elds, covering 40 job categories across 13job families including marketing and branding, R&D, production and manufacturing, sales and seice, etc., empowering employees to fullyleverage their professional skills in targeted elds.

PAGE

%

Key indicatorsEmployee Training InvestmentNumber of Training SessionsTotal Number of Trained EmployeesOf which: Total Number of Trained Female Employees

Of which: Total Number of Trained Male EmployeesTotal number of people receiving trainingEmployee Training Coverage Rate

Total Training HoursAverage Annual Training Hours Per EmployeeOf which: Average Training Hours Per Female Employee

Of which: Average Training Hours Per Male Employee

UnitMillion RMB

SessionPersonPersonPersonPerson

%

HourHours/PersonHours/PersonHours/Person

2025

0.3524

2,5481,737

6,531

67.94

30,565

11.99

12.08

11.81

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Strategy

RiskCatego

FinancialImpactExplanation

ImpactPeriod

Value Chain

SegmentAectedRisk DescriptionCountermeasures

Legal

Risks

Costincrease

Likelihood

ofOccurrence

Medium

Sho toMediumTerm

Size

ofImpact

HighOperations

The Company may face riskssuch as penalty nes or ordersto suspend operations forrectication due tonon-compliant operations,potentially leading tohindered normal productionand business activities,increased operational costs,and damage to the brandimage.

Establish and improve the worksafety and occupational healthmanagement system; closelymonitor updates tosafety-related laws, regulations,and standards; strengthenemployee training to ensure fullcompliance in all operations.

RiskCatego

FinancialImpactExplanation

ImpactPeriod

Value ChainSegmentAectedRisk DescriptionCountermeasures

Operational

Risks

Costincrease

Likelihood

ofOccurrence

Medium

Sho toMediumTerm

SizeofImpact

High

Operations,Downstream

If a re or other safety incidentoccurs at the Company, itcould lead to asset loss,business interruption,production stoppage, andsupply chain disruption,subsequently aectingmarket supply and the abilityto meet customer demand.

Establish and improve anemergency responsemechanism for accidents;conduct regular safetyinspections and maintenance;promptly eliminate potentialsafety hazards; strengthenemployee safety education andtraining to comprehensivelyenhance safety awareness andemergency response capabilitiesamong all sta.

Costincrease

Medium

Sho toMedium

TermMediumOperations

During high summertemperatures, excessively hightemperatures in workshopswithout adequate ventilationor cooling, or prolongedworking hours inhigh-temperatureenvironments, may causeheat-related illnesses such asheatstroke among workers.

Implement enhanced heatdissipation and coolingmeasures in workshops;develop emergency responseplans for heatstroke incidents.

RiskCatego

FinancialImpactExplanation

ImpactPeriod

Value ChainSegmentAectedRisk DescriptionCountermeasures

Work SafetyStandardizationOppounities

Operational

costdecrease

Likelihood

ofOccurrence

Medium

Sho toMedium

Term

Size

ofImpact

HighOperationsImplementing worksafety standardizationto enhance the level ofsafety management.

Improve the occupationalhealth security system;strengthen safety skillseducation and training;enhance the safety and qualitymanagement system.

PAGE

%

Indicator

Number of Safety Training SessionsTotal Person-Times of Safety Training Paicipation

Total Safety Training HoursAverage Safety Training Hours Per EmployeeEmployee Coverage Rate of Safety Training

Benchmark UnitSessionPerson-time

HourHour

%

2025

1,0674,593

4.3

28.45

the end of the repoing period, the Company has obtained ISO 45001 Occupational Health and Safety Management System ceication.The Company has formulated the Measures for the Administration of Work Safety Education and Training to standardize safety education andtraining. It ensures that all employees have the necessa safety knowledge and skills, are familiar with national safety laws, regulations andstandards, as well as the Company's safety management rules and safety operation procedures, and master job-specic safety knowledge andoperation skills, to prevent and reduce work safety accidents, and protect employees' life safety and the Company's propey safety.During the repoing period, the Company delivered targeted training on work safety, occupational health and job-specic professional skills forpersonnel in key positions, especially frontline employees, to enhance their work safety awareness. Meanwhile, the Company dispatched employ-ees in safety management functions to paicipate in external specialized training, to improve the Company's overall safety risk prevention andcontrol capacity.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Indicators and Targets

In terms of occupational health and work safety, the Company has set an annual target of zero major accident rate. During the repoing period,this target was fully achieved, and relevant work has been continuously optimized.

Impact, Risk, and Oppounity ManagementSafety Risk Management and Control

The Company has formulated systems including the Measures for Risk Assessment and Control Management and Measures for Hazard SourceManagement, which clarify the processes of risk identication, assessment and control. It timely registers and les the identied hazard sources,and regularly carries out inspection, assessment, testing and ling work, to ensure the standardized and orderly implementation of risk manage-ment, and comprehensively improve the Company's risk prevention and control capacity.

Hidden Danger Identication and RecticationThe Company has formulated systems including the Measures for Hidden Danger Identication and Rectication Management and Measures forSafety Inspection Management, which clarify the workow and responsibility division for hidden danger identication and rectication. It ensuresthat identied problems are timely recorded, eectively fed back, and rapidly responded to and rectied, to guarantee the Company's work safety.In2025, the Company carried out work safety hidden danger inspections and compiled the Checklist for Safety Hidden Danger Identication andRectication. The work safety risks identied in the inspection mainly included issues such as incomplete protective equipment and exposed wires,and the rectication and implementation rate of related issues reached 100%.Emergency ManagementThe Company has formulated systems including the Regulations on Emergency Response to Work Safety Accidents and Measures for the Adminis-tration of Emergency Plans for Work Safety Accidents. These systems clarify the emergency response process, responsibility division and coordina-tion mechanism for work safety accidents, and standardize the full-process management of emergency plans including formulation, review, ling,drill and revision, to ensure that emergency rescue operations can be carried out quickly, orderly and eciently in the event of an accident.The Company irregularly organizes emergency drills throughout the year, which eectively improves the emergency awareness and emergencyresponse capacity of all employees. Employees' capabilities of risk prevention and control and rapid response to emergencies have been signi-cantly enhanced, providing a solid guarantee for the Company's work safety. During the repoing period, the Company organized a series ofspecialized emergency drills including conned space accident drills, elevator entrapment drills and forklift accident drills. Through simulated actualcombat, the emergency plans were eectively tested and optimized, and the emergency response and coordinated rescue capabilities of person-nel in relevant positions were practically improved.

Key indicatorsAmount of Work Safety Investment

UnitMillion RMB

2025

3.4826

Emergency Drill for Elevator Trapping AccidentFire Safety Training

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

PAGE

Occupational Health Protection

The Company strictly abides by laws and regulations including the Law of the People's Republic of China on the Prevention and Control of Occupa-tional Diseases and the Measures for the Supeision and Administration of Employers’ Occupational Health Sueillance. It has formulated theMeasures for Occupational Health Management, established complete employee health archives, and conducts annual physical examinations foroperators in posts with occupational hazard factors, to fully safeguard employees' physical health and eectively prevent and control occupationaldiseases.The Company has also established a comprehensive management system including the Measures for Physical Examination Management of Postswith Potential Occupational Disease Hazards and Measures for the Management of Hazardous Operations. It sets up safety warning signs in hazard-ous areas, implements strict access control for personnel, and provides corresponding labor protective equipment for eve employee exposed tooccupational disease hazard factors. For these employees, the Company builds dedicated occupational health archives to document their succes-sive physical examination results and exposure histo to occupational disease hazards, and develops targeted prevention and control measuresbased on examination results, to fuher reduce the incidence of occupational diseases.In 2025, the Company arranged physical examinations for all male and female employees, with a total of 2,393 employees completing the examina-tions.

Strengthening Safety Assurance

The Company continuously improves its multi-level safety protection network to prevent and reduce the occurrence of safety accidents, andcomprehensively safeguard the health and life safety of employees.

On-site SafetyManagement

The Company has formulated the Measures for the Management of "Three Types of Violations",organizes the investigation and punishment of illegal command, illegal operation, and violationof labor discipline during operations. It widely publicizes the impoance of abiding by rules anddisciplines and the harm of violations, exposes "Three Types of Violations", and imposespenalties according to the severity of the circumstances and the degree of harm caused. Itguides and educates employees to develop good safety behavior habits, so as to ensure thestability of work safety conditions.

Special OperationSafety Management

The Company has formulated the Measures for the Safety Management of Special Operations,which standardizes the safety requirements for special operations such as hot work, work atheight, and conned space operation. It identies hazardous and harmful factors in theoperation site and process, carries out job hazard analysis, formulates and implements safetyrisk management and control measures, including equipment and facility treatment, wearing ofpersonal protective equipment (PPE), and provision of emergency facilities, to strengthen theeective management and control of special operations and prevent accidents.

Related PaySafety Management

The Company has formulated systems including the Measures for Related Pay Management tostandardize the safety behaviors of related paies. Before the sta of operations, it compre-hensively reviews their safety qualications to ensure that related paies have project executioncapabilities and good safety peormance. It also regularly organizes training for related paiesto improve their safety awareness and operation skills, so as to ensure the safe and smoothprogress of the operation process.

Amount of Work Inju Insurance InvestmentWork Inju Insurance Coverage RateNumber of New Occupational Disease CasesNumber of Employees Suering from Work InjuriesNumber of Workdays Lost Due to Work-related Injuries

Million RMB%CasePersonWorkdays

0.9446

89.30

1,124

1.1511

84.47

1.233

93.51

1,119

Key indicatorsUnit202520242023

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

SDGs

Shouldering Revitalization Duty,Acting onInheritance Commitment

Wufangzhai actively assumes social responsibility, dedicating itselfto charitable causes and rural revitalization, and preseing itsintangible cultural heritage. Always acting as a pioneer, it gives backto society, constructing a practical paradigm of doing good throughbusiness.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Social Public Welfare

Practicing Charity and Public Welfare

The Company deeply integrates corporate development with social responsibility, giving back to society through concrete actions and demonstrat-ing the responsibility and commitment of this China Time-honored Brand .

The Company is committed to charitable and public welfare activities. Adhering to the philosophy of "Fullling Commitments with Responsibility," itactively undeakes social responsibilities, suppos social public welfare causes, and sincerely gives back to society. From 2003 to the end of 2025,cumulative moneta and in-kind donations totaled RMB 26.7028 million.In 2025, leveraging its "Liufang Yishan" brand and Care Fund, the Company systematically advanced its public welfare and charitable endeavorsthrough multiple dimensions, including establishing physical charitable spaces, providing targeted assistance to patients in need, organizingemployee volunta blood donations, and suppoing educational development. These eos covered various social elds such as medical careand education suppo, forming a sustained, in-depth, and brand-distinctive system of philanthropic practices. The Company established the"Liufang Yishan" Care Fund, which is specically designated for charitable activities such as povey alleviation, public welfare assistance, andpaired-up suppo within and outside the province, suppoing social public welfare causes through concrete actions. During the repoing period,the Company was recognized as "Jiaxing Outstanding Contribution Collective for Charity and Dedication" and "Jiaxing Advanced Unit for VoluntaBlood Donation."

PAGE

Case

Wufangzhai "Liufang Yishan" Charity Spaces:

Building a Localized Public Welfare Seice NetworkThe Wufangzhai "Charity Space" project is a key charitable initiative developed since 2024. The project funds the creation of a series ofcharity spaces throughout Jiaxing City. By leveraging diverse venues such as schools, public spaces, and charitable organizations, andintegrating their unique characteristics, these distinctive and richly featured charity spaces are established. This multi-location deploy-ment of charity spaces shapes and promotes more charitable benchmarks,promoting the high-quality development of Jiaxing's charita-ble sector. As of December 2025, 15 physical spaces have been successfully established in Jiaxing, Zhejiang, forming a public welfareseice system covering diverse scenarios.Precisely Meeting the Needs of Dierent Groups: Sees outdoor workers at Federation of Trade Unions seice stations; establishesmakerspaces in schools to stimulate student innovation; creates rest areas and children's play zones in hospitals to alleviate the stressassociated with medical visits; upgrades public facilities in communities to promote neighborly interaction; and most recently, set up the"Buyi Jiaojiao" rest corner at the South High-speed Rail Station to provide brief respite for travelers, extending seices to transpoationhubs.

Case

Wufangzhai "Liufang Yishan" Charity Spaces:

Building a Localized Public Welfare Seice NetworkLayout and Diverse Co-creation Model: Collaborates with institutions such as trade unions, schools, hospitals, and communities to

ensure the long-term sustainable operation of each space. By manifesting in physical form, it makes public welfare "visible, perceptible,and usable," upgrading corporate philanthropy from one-way output to an open platform. This creates a warm network integrated intothe city's fabric, continuously transmitting the philosophy that "eveone can be charitable, and charity can be found evewhere." OnSeptember 9, 2025, Wufangzhai launched the fouh batch of "Liufang Yishan" charity spaces at Jiaxing First Hospital, specically includ-ing the "Anxin Post" (Peace of Mind Station) and "Nuanxin Post" (Warm Hea Station).

Build the "Liufang Yishan" Charity Space

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

CaseCharitable Assistance for Vulnerable GroupsOn December 11, 2025, Wufangzhai paicipated in the "WarmHea Medical Aid" charity assistance ceremony in XiuzhouDistrict. For the year 2025, the Company distributed a total ofRMB 0.23 million in relief funds and condolence supplies torepresentatives of 77 female uremia patients aged over 60 whomet the assistance criteria (originating from households withminimum living security, households on the margin of minimumliving security, and families with expenditure-based povey).This marked the third consecutive year since 2023 thatWufangzhai has donated to and suppoed this specic group,beneting nearly 300 individuals with a cumulative total ofRMB 0.66 million.

CaseSuppoing Education through Scholarship and Teaching Award FundsWufangzhai continuously pursues charitable initiatives in the eld of education. These eos include establishing the "WufangzhaiScholarship" at Jiaxing No. 1 High School, panering with Dulan County Senior High School in Qinghai to establish the "WufangzhaiTeaching and Research Center," and setting up the "Wufangzhai" Scholarship and Teaching Award Fund at Jiaxing University. OnSeptember 19, 2025, the Deputy Pay Secreta of Wufangzhai was invited to attend the opening ceremony for the Class of 2025 atJiaxing Nanhu University and presented awards to 37 recipients of the "Wufangzhai" Outstanding Student Scholarship. This scholarshiporiginated from a university-enterprise cooperation agreement signed between Wufangzhai and the university in 2024, involving adonation of RMB 2 million to establish the "Wufangzhai" Award for Outstanding Teaching Masters, the Award for Teaching Rising Stars,and the Outstanding Student Scholarship. This initiative is scheduled to be implemented over ten years. The fruitful results of thiscooperation were vividly demonstrated at the 2025 freshman opening ceremony.

CaseOrganizing Volunta Blood DonationOn June 19, 2025, the Wufangzhai Trade Union organized the 14th Volunta Blood Donation Day event, with 33 employees activelypaicipating. Adhering to the Company's communication philosophy of "fullling commitments with responsibility," the Volunta BloodDonation Day activity has been carried out for 14 consecutive years, with a cumulative total of 1,262 volunteer paicipants.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Volunteer Seice Brand

The Company focuses on building its mass organization brands, including those of the Trade Union, Youth League Members, Women's Federation,and Public Welfare Charities, closely linking corporate social responsibility with the Company's Pay-building eos. Adopting a "Pay Building +Social Responsibility" approach, the Company established the "Wufang Youth Volunteer Seice Team." This initiative fully leverages the guiding roleof Pay-building, integrating the development of the Pay brand with youth volunteer seice activities. Volunteer activities are incorporated intoroutine management, with the commitment to building a youth volunteer team characterized by "Youthful Dedication and Willingness to Contrib-ute."

Rural Revitalization

The Company actively responded to the national policy call for rural revitalization, making targeted eos across multiple dimensions such asindustrial revitalization, cultural revitalization, talent revitalization, and ecological revitalization. Through concrete actions, it has consolidated andexpanded the achievements in povey alleviation, continuously injecting vitality into rural revitalization.

PAGE

Case

Environmental Protection:

"Protecting the Yangtze River Ecology" Themed Pay Day Activity

In 2025, the Second and Third Pay Branches of Wufangzhai carried out a themed Pay Day activity focused on "Protecting the YangtzeRiver Ecology" at the Wusong Paotaiwan National Wetland Park, located at the Yangtze River estua. After receiving training on tidaldebris collection, Pay members divided into groups to clean up such as plastic bottles and glass along the shoreline. The activityintegrated Pay-building eos with environmental protection. Through the Yangtze River No. 11 Themed Post Oce, they connectedwith volunteers from post oces along the Yangtze River to share experiences in ecological conseation. This activity marked the thirdconsecutive year of Wufangzhai's paicipation in Yangtze River protection initiatives, demonstrating the Company's social responsibilityin practicing green development guided by the leadership of Pay building.

Key Peormance

In 2025, the Company conducted 2 volunteer activities, with 57 paicipant engagements, totaling 114 hours of volunteeractivities.

Leveraging its strengths in the food indust, the Company promotes the coordinated development of upstream anddownstream industries, helping farmers increase their income. By directly sourcing raw materials from individual farmers andagricultural cooperatives, the Company ensures stable earnings for farmers during the planting and haesting stages. As ofDecember 31, 2025, the Company has directly purchased agricultural products woh RMB 105 million, laying a solidfoundation for farmers' income growth from the source of the industrial chain.In addition, the Company actively engages in live-streaming activities to suppo agriculture, expanding sales channels andbreaking geographical barriers to bring its products to the national market. Through online live-streaming, the Companyshowcases the quality and characteristics of agricultural products in a direct and engaging manner, enhancing consumer trust.Suppoing Farmersin Increasing Incomeand GeneratingRevenue

Providing employment

oppounitiesand positions

Wufangzhai collaborates with paners and suppliers to distribute orders to rural villagers, thereby creating employmentoppounities. For example, through cooperation with the Jiansanjiang Beidahuang Planting Base, the Company engages inconstruction and grain storage businesses, providing farmers with training and job oppounities related to haesting andplanting.In Anji County, we collaborate with packaging material suppliers to create employment oppounities for local residents. Thetask of producing bamboo basket materials is assigned to underprivileged farming households, suppoing their home-basedproduction. Meanwhile, suppliers provide technical training, raw material supply, and sample suppo to ensure orderfulllment. By 2025, this assistance model has been in place for several years, cumulatively addressing the employment needsof over 2,000 surplus rural laborers in Anji County, including 1,200 women and 23 individuals with disabilities.In Lishui County, the Company has launched the "Mountain-Sea Collaboration, Boosting Common Prosperity" initiative,creating seasonal exible employment oppounities to help local farmers increase their income by haesting and selectingbamboo leaves. Currently, Lishui is one of the Company’s eight designated bamboo leaves supply regions.In Luotian County, the Company purchases chestnuts, a key ingredient for zongzi, from local farmers. This initiative providesemployment oppounities for farmers through haesting, thereby increasing their income.In panership with Jiaxing Lvjia Agricultural Development Co., Ltd., we jointly established Hetianxia (Jiaxing) Agricultural andSideline Products Co., Ltd. The Company selects distinctive agricultural products under the "One County, One Product" initiative,creating nine high-end gift series under the "Wufang Selection" brand to help specialty agricultural products achieve premiumsales. In 2025, the second batch of Jiaxing’s top ten souvenirs (such as Tongxiang Hangju chsanthemum tea and Shenduangyellow wine) were introduced to over a hundred stores in Jiangsu, Zhejiang, and Shanghai, with cumulative procurementexceeding RMB 0.03 million. This initiative continues to build a market platform for local specialty agricultural products,enhancing their market competitiveness.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Inheritance andRevitalization of Intangible Cultural Heritage

The Company has internally established the Measures for the Administration of Representative Inheritors of Intangible Cultural Heritage andestablished an Intangible Cultural Heritage Master Studio, providing organizational suppo for the protection and inheritance of intangible culturalheritage and the revitalization of traditional crafts. Over the years, the Company has actively suppoed events such as the China Zongzi CulturalFestival and Jiaxing Dragon Boat Festival Folk Culture Festival, endowing intangible cultural heritage skills with new contempora connotations andguiding more people to experience such skills in an immersive way. By the end of 2025, the Company had 7 representative inheritors of intangiblecultural heritage and 560 zongzi masters. Among them, 5 were inheritors of the intangible cultural heritage of Wufangzhai zongzi-makingtechniques, and 2 were inheritors of the intangible cultural heritage of Wuhan Wufangzhai tangyuan-making techniques.The Company attaches impoance to fullling its inheritance responsibility as a guardian of intangible cultural heritage, and is committed to revital-izing the millennium-old culture in contempora society through innovative practices, eectively enhancing cultural condence and identity.In2025, the Company systematically promoted the living inheritance of intangible cultural heritage skills through festivals and cultural events, skillexhibitions, study tours, cross-border integration and other forms, deepening the public’s understanding and emotional connection with traditionalculture.

PAGE

By organizing seasonal cultural activities in rural areas, traditional seasonal culture is brought to the countside, allowingvillagers to gain a deeper understanding of the connotations and signicance of traditional festivals and enhancing culturalcondence. In 2025, over 30 visits and study tours were hosted, including the "Zongzi Joy" parent-child wheat haesting studyactivity, which attracted families from Shanghai to paicipate in agricultural experiences. This initiative reinforced the modernvalue of farming culture and strengthened the recognition of its signicance in contempora society, contributing to therevitalization of rural culture.CulturalRevitalization

The Company deeply understands that talent is the key pillar of rural revitalization and continues to car out educationalsuppo initiatives. In collaboration with Dulan County High School in Haixi Prefecture, Qinghai Province, the Companyestablished the "Wufangzhai Teaching and Research Center," donating RMB 0.25 million annually for teaching and researchfunding. This project is planned to donate a total of RMB 1 million in four phases, with a cumulative donation of RMB 0.75 millionby 2025. It fully suppos the educational counterpa assistance between Jiaxing and Dulan, providing resource guarantees forcultivating rural talent in remote areas.TalentRevitalization

The Company adheres to the environmental management philosophy of "Ecological priority and Green development" andpaicipates in suppoing public welfare activities for the protection of the Three Rivers Source. In May 2025, through the"Protecting the Yangtze River Ecology" series of activities, the Company donated materials woh RMB 0.03 million to "GreenRivers." As of December 2025, the cumulative donations exceeded RMB 0.08 million, demonstrating the Company'scommitment to promoting green development along the Yangtze River and contributing to the goal of "Ensuring Clear WaterFlows into the East Sea," thereby highlighting the Company's ecological responsibility through concrete actions.EcologicalRevitalization

As a long-term paicipant and sponsor of this iconic cultural festival, the Company suppos and sponsors the "Wufangzhai Cup"dragon boat race, tabai boat peormance race and other traditional water events.Meanwhile, it holds the "Wufangzhai Cup" zongziwrapping competition at main venues including Zicheng Square, with inheritors oering on-site guidance, enabling citizens to experi-ence the joy of zongzi wrapping at zero distance and eectively revitalizing the millennium-old Dragon Boat Festival traditions.

Jiaxing Dragon Boat Festival Folk Culture Festival

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

The 9th Chengdu International Intangible CulturalHeritage Festival of China

"Intangible Cultural Heritage Tea Space" Made Its Debut atZhejiang Provincial Intangible Cultural Heritage Museum

Jingshan Intangible Cultural Heritage Carnival

Case

Skill Inheritance:

Building a Multi-level Inheritance and Education SystemLittle Zongzi Masters Study Practice:In cooperation with local authorities including the New Era Civilization Practice Institute, theCompany jointly held the "Fragrant Zongzi Leaves · Ingenuity Inheritance" Little Zongzi Masters experience activity at Wufzhai Intangi-ble Cultural Heritage Experience Hall.Through guided tours and hands-on zongzi wrapping, children experience the craftsmanship spiritin fun practices and cultivate cultural identity.From the Dragon Boat Festival to the Golden Autumn season, Wufangzhai has taken pa in various exhibitions with its bamboo leavesand tea fragrance.The Company paicipated in the Cultural and Natural Heritage Day events held in Jiaxing, Wuhan and other citiesthrough intangible cultural heritage demonstrations and food exhibitions and sales.

Paicipation in Exhibition Activities

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Case

Space Empowerment:

Building a Platform for Cultural Inheritance and Integrated InnovationWufangzhai Intangible Cultural Heritage Experience Hall: As a core venue for the living inheritance of traditional culture, the Hall was

successfully selected into the second batch of Zhejiang Provincial "Intangible Cultural Heritage Tea Spaces" in 2025. In addition to regularstudy tours, it launched innovative activities such as the "Joyful Zongzi Experience" parent-child wheat-haesting study tour and culturalexchange workshops for American teenagers. It also integrated Jiaxing’s local intangible cultural heritage resources to provide experi-ences including silk fan making and palm-leaf weaving, promoting the in-depth integration of intangible cultural heritage and culturaltourism. In 2025, the Intangible Cultural Heritage Experience Hall hosted more than 50 visits and study activities, reaching over 5,000people."Zongyun Nuoxiang" Intangible Cultural Heritage Tea Space: In 2025, the space planned activities themed on the 24 solar terms. Itregularly invited tea culture expes and intangible cultural heritage inheritors to hold master classes, and provided ICH experiences suchas Xiuzhou peasant painting and Jinhuidui brick rubbing.Nearly 10 events were organized throughout the year, attracting over 1,000paicipants, successfully balancing historical heritage with modern needs.

Case

Cross-border Innovation:

Expanding the Contempora Expression and Inuence of Intangible Cultural HeritageThe Company actively explores the integrated model of "Intangible Cultural Heritage +", enabling traditional culture to reach the publicin a more contempora way.As the ocial sponsor of the 20th Asian Marathon Championships & 2025 Jiaxing Marathon, the Company set up energy supplystations along the race track, integrating traditional Intangible Cultural Heritage foods such as zongzi and Dingsheng Cake into theevent.With the blessing message of "Yi Ju Gao Zong, Ding Sheng Tiao Zhan" (Succeed with Zongzi, Win the Challenge), traditionaldelicacies have become a unique cultural symbol suppoing the spirit of spos."Intangible Cultural Heritage + Media Communication" In 2025, focusing on digital intelligent production and Dragon Boat Festivalculture, the Company organized more than ten inteiews with central mainstream media including People's Daily Online and XinhuaNews Agency. The related topics achieved over 10 million exposures. Relying on authoritative media platforms, the Company widelycommunicated the charm of intangible cultural heritage and strengthened the brand's cultural image and social responsibility.

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

PAGE

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Note: The 2025 data is based on the proposed prot distribution plan, and the actual implementation shall prevail.

Note: The environmental data covers all production bases of the Company, resulting in noticeable changes in some gures compared with the previous year.

Repo Appendix

IndicatorsUnit202320242025

IndicatorsUnit20242025

Governance Peormance

IndicatorsUnit20242025

Environmental Peormance

Economic Peormance

Shareholder MeetingsBoard of Directors MeetingsAttendance Rate of Board Members

Special Committee MeetingsSigning Rate of Integrity AgreementsPublicly Disclosed Announcements & DocumentsRated for Information Disclosure by the SSEPropoion of Independent Directors

Propoion of Female Directors

Cash dividend per 10 sharesCash Dividend AmountCash Repurchase Amount

SessionSession%Session%Copy

-%%YuanMillion RMBMillion RMB

%%

A

33.33

22.22

96.7572

47.9509

101.81

A

33.33

33.33

94.5059

59.3996

126.55

Key Peormance Table

Operating income

Total Assets

Million RMBMillion RMBMillion RMB

2635.3083

165.7376

2335.6990

2251.3550

142.1413

2258.6527

2242.3291

121.6186

2312.6903

Shareholder Meetings

Board of Directors MeetingsAttendance Rate of Board Members

Special Committee MeetingsSigning Rate of Integrity AgreementsPublicly Disclosed Announcements & DocumentsRated for Information Disclosure by the SSEPropoion of Independent Directors

Propoion of Female Directors

Cash dividend per 10 sharesCash Dividend AmountCash Repurchase AmountSocial Peormance

R&D InvestmentPropoion of R&D Investment in Revenue

R&D Personnel

Million RMB%Person

27.4951

1.22

24.5724

1.10

Environmental Protection InvestmentEnvironmental Protection Training SessionsPerson-Times of Environmental Protection TrainingHours of Environmental Protection Training

Electricity ConsumptionTotal Energy ConsumptionEnergy Consumption IntensityTotal GHG Emissions (Scope 1 & 2)GHG Emission IntensityFresh Water ConsumptionWastewater Discharge VolumeWastewater Discharge per Million RMB RevenueChemical Oxygen Demand (COD)COD Emissions per Million RMB of RevenueAmmonia Nitrogen Emission

Million RMBSessionPaicipantHourKwh

tCO2eTonTonTonTon

1.6592

6,979,285.13

997.60

0.44

3,442.76

1.53

313,273.01398,653.66

177.07

32.48

0.01

1.07

1.6297

1,20017,493,080.363,411.37

1.52

9,913.84

4.02

337,600.30368,656.11

164.41

50.80

0.02

1.15

Net Prot Attributable toShareholders of The Listed Company

Propoion of Total Dividends in NetProt Attributable to ShareholdersSigning Rate of Anti-Commercial Bribe

Clauses with Suppliers

Ton of standardcoal equivalenTons of standard coal per

Million RMB revenueTons of standard coal perMillion RMB revenue

Tons of standard coal per

Million RMB revenueTon per Million RMB revenue

PAGE

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

IndicatorsUnit20242025IndicatorsUnit20242025

Propoion of R&D PersonnelCumulative Number of Authorized PatentsLabor Contract Signing Rate

Work Safety InvestmentRectication Rate of Investigated Potential Safety HazardsNumber of New Occupational Disease Cases

Major Safety AccidentsPerson-Times of Quality TrainingTotal Hours of Quality Training

Quality Training SessionsAnnual Internal Quality Audit SessionsTimes of Entrusting Third-Pay Institutions for InspectionPerson-Times of Customer Complaint Response TrainingCustomer Complaint Response Training SessionsCustomer Complaint Response Training Sessions

Product Recall RateTotal Number of EmployeesPropoion of Female EmployeesEmployee Welfare ExpenditureWork Inju Insurance InvestmentPropoion of Female Management StaTotal Employee Training InvestmentEmployee Training Coverage RateAverage Training Hours Per Person

%Item%Million RMB%CaseCasePaicipantHourSessionSessionSessionPaicipantHourSession%Person%Million RMBMillion RMBItem%Million RMB%Hour

2.52

7.2003

761.5

1,039

540.5

3,565

71.42

25.5281

0.9446

49.16

1.7481

52.40

14.28

3.14

3.4826

23.10

1,274

22.60

3,570

70.87

24.9077

1.2330

50.41

0.3514

67.94

11.99

Total Number of SuppliersLocalization Ratio of SuppliersPropoion of Procurement from Local Suppliers

Charitable Donations AmountPerson-Times of Volunteer Activity Paicipation

Number of Volunteer ActivitiesTotal Hours of Volunteer Activities

Unit%%Million RMBPaicipantSessionHour

42.42

44.60

1.3945

40.77

47.64

1.2776

Number of proposals reviewed and adopted

by the Company’s Workers’ Congress

PAGE

Zhejiang Wufangzhai Industrial Co., Ltd.

Sustainability(ESG)Repo2025

Aicle 29 to Aicle 33

306-1/306-2/306-3/306-5

/305-7/304-2E2.1/E2.2/E2.3/E2.4Aicle 35 to Aicle 37

302-1/302-3/302-4/303-3/

303-4, 303-5/301-3E3.1/E3.2/E3.3

Aicle 49、Aicle 50

403-1/403-2/403-3/403-5/

403-6/403-8/403-9S4.2

Aicle 21 to Aicle 27305-1/305-2/305-4/305-5E1.1

Aicle 42Aicle 47Aicle 47Aicle 45Aicle 48

/416-1/416-2/ 417-1/417-2

416-1204-1/308-1/308-2

418-1

S2.1S3.3S3.3S3.1S3.4

Aicle 49、Aicle 50Aicle 49、Aicle 50

401-1/401-2/401-3/405-1404-1/404-3S4.1S4.3Aicle 40Aicle 39Aicle 39

203-1

203-2

203-1S1.2S1.1S1.2

Thank you for taking time from your busy schedule to read the Zhejiang Wufangzhai Industrial Co., Ltd2025 Sustainability (ESG) Repo.We highlyvalue and look forward to hearing your valuable opinions and suggestions regarding the Company's sustainability eos and management. Yourfeedback sees as an impoant basis for us to continuously improve our sustainability work and enhance our sustainability management. Wesincerely invite you to share your feedback with us through the following channels. Thank you once again for your tremendous suppo for oursustainability eos!0573-82083117wfz1921@wufangzhai.comAddress:Building 1, Xingyao Business Plaza, 677 Muqiaogang Road, Xincheng Street, Xiuzhou District, Jiaxing City, Zhejiang Province

Aicle 51、Aicle 52Aicle 53Aicle 12、Aicle 15Aicle 55、Aicle 56

/

2-9/2-11/2-12/2-192-16/2-27/201-1 207-1/207-22-27/205-2/206-1

/

///G2.1/G2.2/

//

P1.1-1.3 P2.1-2.2

2-1/2-2/2-3

2-22About Wufangzhai

Aicle 5、Aicle 9、Aicle

11、Aicle 12、Aicle 13、

Aicle 18、Aicle 53

P3.1/P4.1-4.3/A2/G1.1.1/G1.

1.3/G1.1.5/G1.1.6/G1.1.7/G1.

1.8/G1.1.9/G1.3.2

Harmony inFiveElements:

ThePhilosophy

ofGovernance

InheritingHeritage,Innovating forIndustrialExcellece

Uniting for

CollectiveWell-being,

AdvancingTowardShared

SuccessShoulderingRevitalization Duty,

Acting onInheritanceCommitment

GuardingPure Flavors,UpholdingEnvironmental Stewardship

2-6/2-14/2-17/2-16/2-29/

3-1/3-2/3-3

/Aicle 57Aicle 9

//2-26/A3A6

Indicator IndexFeedback Form

RepoAppendix

Protect the NaturalEnvironmentAddressing Climate ChangeOptimizing ResourceUtilizationEmployee Rights andInterests ProtectionEmployee Training andDevelopmentOccupational Healthand SafetySocial Public WelfareRural RevitalizationKey Peormance TableIndicator IndexFeedback Form

Protection of Investors'Right and InterestsStrengthen RiskManagementUphold the leadershipof Pay BuildingPromote R&D and

InnovationFood Quality and

Safety

OptimizingCustomer Seice

ResponsibleSupply ChainStrictly SafeguardInformation Security

Business Ethics

Corporate Governance

Standards

Inheritance and Revitalizationof Intangible Cultural Heritage

Table of Contents

Guidelines No. 14 of ShanghaiStock Exchange for Self-Regu-lation of Listed Companies—Sustainability Repo (Trial)

(CASS-ESG 6.0)》Guidelines for SustainableDevelopment Repos of ChineseEnterprises (CASS-ESG6.0)

(GRI Standards)The 2021Global Repoing Initiative'sSustainability RepoingStandards (GRI Standards)