Dear Shareholders,

I hereby report to you on the operating results of China Huajun Group Limited (the “Company”) and its subsidiaries (collectively, the “Group”) for the year ended December 31, 2025.

Highlights

For the Current Year, revenue was approximately RMB1,363.7 million, which represented an increase of approximately RMB208.8 million, or 18.1% when compared to revenue of approximately RMB1,154.9 million for the year ended 31 December 2024 (the “Last Year”). The Trading and Logistics segment remained a key revenue contributor, generating approximately RMB933.1 million (Last Year: RMB766.1 million). This growth was primarily driven by increased sales volumes of base oil and rubber products, supported by improved market prices compared with the previous year. The overall increase in revenue was also driven by the Property Development and Investments segment. During the Current Year, the Group continued to dispose of projects and auction assets as part of its strategy to mitigate the debt crisis. Meanwhile, the Printing segment recorded a stable trend, generating revenue of approximately RMB318.7 million (Last Period: RMB319.6 million).

Prospects

In the days to come, we shall continue to assess the situation and implement suitable plans when appropriate. The global economic prospect remains uncertain with increasing political instability and energy crisis, the economic situation in the Mainland China and globally are full of challenges. Although our property business is facing significant financial difficulties, we still persevere fearlessly, with our dedicated employees steadfastly remaining at their posts. In the face of these challenges, we hope a new dawn will attract investors and strategic shareholders. In the coming year, we shall continue to reduce the gearing ratio, accelerate disposal and sale of property assets, taking cost-saving measures and restructuring the loss making business. At the same time, we shall devote management’s effort and resources to explore new financing opportunities and implement the offshore debts restructuring so as to maintain the Company and its business for the benefits of all shareholders, employees and other stakeholders as a whole.

Acknowledgement

Finally, on behalf of the board of directors of the Company, I would like to express my sincere gratitude to the shareholders, customers and business partners for their trust and support, and to all employees for their dedication and hard work!

Yan Ruijie

Former Chairman and Chief Executive Officer

Hong Kong, 31 March 2026