Shandong Longda Food Co., Ltd. Announcement on the Progress of the Forced Execution of 10 Million Shares Held by the Controlling Shareholder and the New Judicial Freeze of an Additional 9.27 Million Shares

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Stock code: 002726 Stock abbreviation: Longda Food (Rights Protection) Announcement No.: 2026-025

Bond code: 128119 Bond abbreviation: Longda Convertible Bond

Shandong Longda Food Co., Ltd.

Announcement on the progress of the forced execution of 10 million shares held by the controlling shareholder and the additional judicial re-freezing of 9.27 million shares

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or material omissions.

1. Progress on the forced execution of 10 million shares held by Lianrun Development

Shandong Longda Food Co., Ltd. (hereinafter referred to as “the company”) disclosed the announcement titled “Announcement on the Judicial Re-freezing of Certain Shares of the Controlling Shareholder and Acknowledgment of the ‘Assistance in Execution Notice’ and ‘Execution Ruling’” (Announcement No.: 2026-022) on March 20, 2026. Recently, the company received a confirmation letter from Zhongtai Securities Co., Ltd. (hereinafter referred to as “Zhongtai Securities”) regarding the “Confirmation of Basic Information on Passive Reduction of Shares by the Controlling Shareholder of Longda Food” (hereinafter referred to as “the Confirmation Letter”), in which Zhongtai Securities confirmed the specific reduction information of the 10 million shares under forced execution.

(1) Progress

As of now, the aforementioned 10 million frozen shares have not yet been sold through forced execution. Based on the Confirmation Letter, the reduction information for the aforementioned 10 million shares is supplemented as follows:

1. Reason for passive reduction: Default on pledged securities repurchase by Lianrun Development Holding Group Co., Ltd.;

2. Source of passive reduction shares: Shares obtained through agreement transfer;

3. Proposed passive reduction quantity and ratio: A proposed reduction of 10,000,000 shares, accounting for 0.93% of the company’s total share capital (accounting for 0.96% of the total share capital excluding repurchased shares), subject to the final executed share quantity;

4. Method of reduction: Block trading or centralized bidding trading;

5. Reduction period: April 1, 2026 - June 29, 2026;

6. Reduction price: Confirmed based on the secondary market price and trading method at the time of reduction;

7. Reduction amount: Not exceeding 36,287,298 yuan.

(2) Other explanations

1. As of now, Lianrun Development holds 293,885,800 shares of the company, accounting for 27.23% of the company’s total share capital (accounting for 28.32% of the total share capital excluding repurchased shares). The change in shareholding after the forced execution sale of 10 million shares held by Lianrun Development is as follows:

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Note: The above share changes are limited to the reduction of 10 million shares, with the actual number of shares to stop selling determined when reaching 36,287,298 yuan.

2. This reduction falls under the scenario of “shares that were pledged and registered for pledge before August 27, 2023, or have been used as collateral for margin financing, and the reduction due to default disposal.”

3. During the above reduction period, the company will urge the controlling shareholder to comply with the “Interim Measures for the Administration of Share Reduction by Shareholders of Listed Companies” and the “Self-regulatory Guidelines No. 18 for Listed Companies on the Shenzhen Stock Exchange - Reduction of Shares by Shareholders, Directors, and Senior Management,” and other relevant laws and regulations for stock reduction, and timely perform information disclosure obligations.

4. The forced execution of the 10 million shares will not lead to a change in the actual control of the company and will not adversely affect the company’s production, operation, or corporate governance. The company maintains independence from the controlling shareholder in terms of assets, business, finance, and there are no instances of non-operating capital occupation or violations of guarantees that harm the interests of the listed company.

5. Situation of additional 9.27 million shares being judicially re-frozen

Shandong Longda Food Co., Ltd. (hereinafter referred to as “the company”) recently learned that the People’s Court of Shizhong District, Jinan City, Shandong Province issued the “Assistance in Execution Notice” on March 25, 2026【(2026) Lu 0103 Zhi 1102】, informing that the 9.27 million shares held by the company’s controlling shareholder Lianrun Development Holding Group Co., Ltd. (hereinafter referred to as “Lianrun Development”) have been judicially re-frozen.

(1) Situation of judicial re-freezing

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Note: The shares being judicially re-frozen are those previously pledged by Lianrun Development.

(2) Cumulative freezing situation of shares held by the controlling shareholder

As of the announcement date, the cumulative freezing situation of shares held by the controlling shareholder is as follows:

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(3) Main contents of the “Assistance in Execution Notice”

Regarding the dispute over the pledged securities repurchase between the applicant for execution Zhongtai Securities Co., Ltd. and the executed party Lianrun Development Holding Group Co., Ltd., the civil judgment (2025) Lu 01 Min Zhong 15709 has become legally effective. The executed party has failed to fulfill the obligations specified in the legal documents. According to the relevant provisions of the “Civil Procedure Law of the People’s Republic of China,” please assist in executing the following matters:

1. Freeze the securities account 0800369232 held by the executed party Lianrun Development Holding Group Co., Ltd. (Unified Social Credit Code: 914403003595139881), securities abbreviation: Longda Food, stock code: 002726, securities category: unrestricted circulating shares, pledge freeze number: 01670120210902UN000198, number of shares: 3.65 million shares.

Freeze the securities account 0800369326 held by the executed party Lianrun Development Holding Group Co., Ltd. (Unified Social Credit Code: 914403003595139881), securities abbreviation: Longda Food, stock code: 002726, securities category: unrestricted circulating shares, pledge freeze number: 01670120210902UN000203, number of shares: 5.62 million shares.

The freeze period is three years, from March 25, 2026, to March 24, 2029, including any income generated during the freeze.

2. Due to the need for forced realization, assist in changing the freeze of the securities account number 0800369232 held by the executed party Lianrun Development Holding Group Co., Ltd., securities abbreviation Longda Food, stock code: 002726, share nature: unrestricted circulating shares, total of 3.65 million shares, originally frozen at Zhongtai Securities Co., Ltd., to a sellable freeze, and freeze the funds account of the executed party. The securities have known pledge registration, with pledge registration number: 01670120210902UN000198, to be released upon sale. The original freeze case number is: (2026) Lu 0103 Zhi 1102.

Due to the need for forced realization, assist in changing the freeze of the securities account number 0800369326 held by the executed party Lianrun Development Holding Group Co., Ltd., securities abbreviation: Longda Food, stock code: 002726, share nature: unrestricted circulating shares, total of 5.62 million shares, originally frozen at Zhongtai Securities Co., Ltd., to a sellable freeze, and freeze the funds account of the executed party. The securities have known pledge registration, with pledge registration number: 01670120210902UN000203, to be released upon sale. The original freeze case number is: (2026) Lu 0103 Zhi 1102.

3. After changing to sellable freeze, sell the aforementioned securities of the executed party, and stop selling after reaching 36,287,298 yuan (calculated until March 31, 2026, the specific amount will be determined on the day the case is actually executed), and transfer the proceeds and any income from the funds account to our court account.

Account name: People’s Court of Shizhong District, Jinan City

Bank: Qilu Bank Jinan Yingxiongshan Branch

Account number: 000000745004100000522096007

(4) Other explanations

1. The subsequent method and time of forced execution reduction for the additional 9.27 million shares being judicially re-frozen will be announced in accordance with the “Interim Measures for the Administration of Share Reduction by Shareholders of Listed Companies” and the “Self-regulatory Guidelines No. 18 for Listed Companies on the Shenzhen Stock Exchange - Reduction of Shares by Shareholders, Directors, and Senior Management,” and other relevant laws and regulations.

2. This share freeze matter will not lead to a change in the actual control of the company and will not adversely affect the company’s production, operation, or corporate governance. The company maintains independence from the controlling shareholder in terms of assets, business, finance, and there are no instances of non-operating capital occupation or violations of guarantees that harm the interests of the listed company.

The company will continue to monitor the progress of the above matters and timely fulfill information disclosure obligations in accordance with relevant laws and regulations. Investors are advised to pay attention to investment risks.

3. Documents for reference

4. “Detailed Table of Securities Pledge and Judicial Freeze from China Securities Depository and Clearing Co., Ltd.”;

5. Confirmation letter issued by Zhongtai Securities Co., Ltd. regarding the “Confirmation of Basic Information on Passive Reduction of Shares by the Controlling Shareholder of Longda Food”;

6. “Assistance in Execution Notice”【(2026) Lu 0103 Zhi 1102, March 25, 2026】.

This announcement is hereby made.

Shandong Longda Food Co., Ltd.

Board of Directors

March 27, 2026

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