On August 22, 2025, Newtrend convened its mid-year business operation meeting at the Group Headquarters.

Group management leaders and persons-in-charge of all production bases and departments attended the meeting. Attendees fully reviewed the work summaries of all departments and subsidiaries covering January to July, as well as work plans for the subsequent four months. The meeting conducted an in-depth analysis of the Group’s current operation amid the tough market landscape and identified existing challenges: sound strategic decisions were not fully implemented; management performance declined with an urgent need to improve work quality; outdated systems and procedures, alongside ambiguous job responsibilities.

At the closing session, Wang Xiaoqiang, Chairman of the Board of Directors, delivered a detailed work deployment for the Group’s key tasks in the remaining four months of the year. He required the Group to foster distinctive competitive edges amid harsh market conditions and strive to deliver the annual business targets, with solid progress to be made in seven core areas as follows:

1.Maintain full-capacity production of sucralose and glycine,Strengthen supervision and management over the execution of production schedules across all plants to stabilize product quality, adhering firmly to the core principle that "product quality is the lifeline of an enterprise".

2.Complete the integration of production, supply and sales for new products including isomaltitol, curcumin and SeaExtract™. Launch full-scale market rollout in Q3 to cultivate new growth drivers.

3.Optimize the management system and restructure certain departments of our Group at an appropriate time, so as to lift management efficiency and accommodate the Company’s rapid development.

4.Accelerate the construction of Newtrend Global Headquarters Base and Life Health Industry Manufacturing Base, as well as the Shenzhen Operation Center, balancing steady growth with innovative development.

5.As a public listed company, the Group shall further raise compliance awareness and risk prevention awareness. strengthen budget management, optimize internal control systems, and normalize internal audit supervision.

6.Advance human resources recruitment and staff training. Upgrade the professional competencies of incumbent employees through training and performance appraisal. Employees who fail to meet job requirements even after training shall be reassigned or dismissed without exception.

7.All cadres shall maintain high morale and sound work ethics, uphold bottom-line thinking and red-line awareness. The Group will step up education on corporate loyalty for all management and staff, and encourage all employees to keep pace with the times by continuously learning new knowledge and technologies.

This meeting unified the team’s mindset and clarified the direction for follow-up work. Over the next four months, all management personnel will work with full enthusiasm and a pragmatic work style to fulfill the 2025 annual business targets.

Author: Xie Runqiu

Editor: Guo Liden

August 23, 2025