Stock Codes: 000055, 200055 Abbreviations: Fangda Group, Fangda BAnnouncement No.: 2026-41 China Fangda Group Co., Ltd. Announcement on the Signing of Two-Billion Major Overseas Curtain Wall Project Contract for the Prince Mohammed bin Salman Stadium of Saudi Arabia The Company and all members of the Board of Directors hereby guarantee that the information disclosed in this announcement is true, accurate and complete, and contains no false representations, misleading statements or material omissions. Special Notice: 1. Conditions for effectiveness of the contract: This contract shall become effective as of the date of its signing. 2. Major risks and uncertainties: During the performance of the contract, unforeseeable factors or force majeure events, such as market, policy, economic, foreign exchange, or war-related conditions, may arise and could result in the contract not being performed on schedule or in full. Investors are advised to exercise caution and be aware of investment risks. 3. Impact of contract performance on the Company's operating results for the current year: The successful performance of the contract is expected to have a positive impact on the Company's operating results in future years. Specific revenue recognition will be determined in accordance with the progress of contract performance, the applicable Accounting Standards for Business Enterprises, and the Company's accounting policies. This project is one of the world's major curtain wall projects, laying a solid foundation for the Company to continue deepening its presence in overseas markets and enhancing its global competitiveness, and serving as a positive driver and benchmark for the development of the Company's international business. I. Overview of Contract Signing On October 18, 2026, IKK Fangda JV Company, a joint venture formed by Shihui International Holdings Limited (in which China Fangda Group Co., Ltd., hereinafter referred to as the "Company", holds a 51% interest) and Isam Kabbani & Partners for Building & Construction Materials CO. LTD (a wholly-owned subsidiary of Saudi Arabia's IKK Group, in which IKK Group holds a 49% interest), has entered into a contract with UPTOWN STADIUM CONSTRUCTION JV, the general contractor, for the main venue of Lot 1 and the museum and ancillary buildings of Lot 3 of the curtain wall engineering works for the Prince Mohammed bin Salman Stadium Project in Qiddiya, Saudi Arabia (hereinafter referred to as the "PMBS Stadium Project"). The total contracted amount is SAR 1,146,877,544 (SAR 997,284,821 excluding tax), equivalent to RMB2,049,860,100, with a contract period of 863 days. The above contract constitutes an ordinary operating contract of the Company. The Company has completed its internal approval procedures for signing the contract. In accordance with the Shenzhen Stock Exchange Listing Rules, the Company's Articles of Association and other relevant regulations, the signing of this contract does not constitute a related-party transaction, nor does it constitute a material asset restructuring as defined under the Administrative Measures for Material Asset Restructurings of Listed Companies. Therefore, approval by the Board of Directors and the shareholders' meeting is not required. II. Introduction to the Counterparty 1. Basic information on the counterparty: Name: UPTOWN STADIUM CONSTRUCTION JV, a consortium formed by FCC Construcción, S.A. of Spain and NESMA & PARTNERS CONTRACTING CO UJSC of Saudi Arabia. Principal business: Undertaking large-scale sports infrastructure projects in Saudi Arabia. Registered address: Riyadh, Saudi Arabia. 2. Related-party relationship: The Company has no related-party relationship with the counterparty, and the above transaction does not constitute a related-party transaction. 3. The Company has not engaged in similar transactions with the counterparty during the last three fiscal years.