March 27, 2026

On February 26, 2026, at the Zibo City's "First Meeting of the New Year"—a city-wide mobilization and deployment meeting to focus on "two grasps and two promotions" to ensure a good start to the "15th Five-Year Plan"—Shandong Luwei Pharmaceutical, based on its outstanding performance and significant social contributions, won two important honors: "2025 Zibo Top 100 Enterprises" and "2025 Zibo Top 100 Manufacturing Enterprises." This marks the fifth consecutive year that Shandong Luwei Pharmaceutical has been included on this list. General Manager Feng Shuai of the Group was awarded the title of "Advanced Individual in Zibo City's 'Striving for Economic Development, Comparing Contributions, and Judging Results'." On February 27, Zichuan District held a mobilization and deployment meeting to focus on "two grasps and two promotions" to ensure a good start to the "15th Five-Year Plan." At the meeting, Shandong Luwei Pharmaceutical received the honors of "Outstanding Enterprise in the District's Stable Economic Growth" and "Outstanding Enterprise in the District's Local Fiscal Performance." General Manager Feng Shuai of the Group delivered a speech at the meeting on the theme of "Seizing Opportunities to Promote Industrial Transformation and Strengthening Work Style to Improve Efficiency." 2026 marks the start of the 15th Five-Year Plan and is a crucial year for Shandong Luwei Pharmaceutical to further advance its "project development and growth" strategy. We will take this as a new starting point, continuing to uphold the concepts of innovation-driven and green development, and comprehensively complete the construction of five core economic sectors: a vitamin C raw powder production base, a green, low-carbon, and circular economy industrial base, an energy supply base, a corn deep-processing industrial base, and a railway logistics base. We will accelerate the construction of a new pattern of full-industry chain development. We will strive to build a world-class vitamin C full-industry chain production demonstration base, explore and form the "Luwei Model" of green, low-carbon, and high-quality development, and contribute Luwei's strength to the city's high-quality economic development.

March 27, 2026

On February 9, 2026, Shandong Luwei held its 2025 Annual Work Summary Meeting. The meeting comprehensively summarized the work of the past year and arranged and deployed the work tasks for 2026. Mr. Feng Yanming, Chairman of Shandong Luwei, attended the meeting and delivered a speech. General Manager Feng Shuai presented the Group's 2025 Annual Work Summary Report. Vice General Managers in charge of various departments, deputy directors and above of workshops in various branches, managers and above of logistics departments, and outstanding employees of 2025 attended the meeting. At the meeting, heads of units (departments) such as the VC Business Unit's Branch Plant 1, Power Plant, Materials Department, Human Resources Department, and Production Technology Department reported on their 2025 work summaries and key work plans for 2026. Awards were presented to "Advanced Units," "Outstanding Management Cadres," and "Outstanding Employees" of 2025. General Manager Feng Shuai delivered the "2025 Work Summary and 2026 Key Work Plan" report. The report points out that in 2025, facing multiple challenges including downward pressure on the external economy, Sino-US trade frictions, and global market intensification, under the strong leadership of the Chairman, the entire Group rose to the challenge and overcame difficulties together, maintaining overall healthy and stable economic operation and completing all target tasks. Major projects such as the 50,000 kW back-pressure unit cogeneration project progressed smoothly, the overall safety and environmental situation remained stable, and new breakthroughs were achieved in corporate honors, number of patents, and brand influence. Regarding the main directions and strategies for future work, the report indicates that Shandong Luwei has designated 2026 as the "Year of Safe Production," "Year of Quality Management," "Year of Cost Control," "Year of Market Expansion," and "Year of Style Construction," setting clear goals and tasks. It emphasizes the need for overall planning and simultaneous efforts, strengthening the market awareness of all employees, serving and supporting core work, and ensuring accountability at all levels to promote refined management and effective work style. Chairman Feng Yanming delivered a concluding speech, fully affirming the hard-won achievements of the Group in the past year amidst difficulties and expressing heartfelt gratitude to all cadres and employees for their hard work. The Chairman emphasized that 2026 is a crucial year for the Group's leapfrog development. Faced with increasingly fierce market competition, we must maintain strategic focus and persevere with unwavering determination, comprehensively strengthening safety, quality, cost control, market presence, and work style. We must turn crisis into opportunity and pressure into motivation, ensuring the high-quality achievement of annual targets and injecting strong momentum into the grand vision of "10 billion RMB Luwei, a century-old Luwei." Seeking dreams across mountains and seas, we are not afraid of the distance; the road ahead may be bumpy, but together we will reach our destination. In 2026, the entire company will stay focused on its goals, strengthen its confidence, and sound the clarion call for progress with practical action and dedication, striving to write a new chapter in the company's high-quality development.

March 27, 2026

On December 30, 2025, Guo Qing, member of the Municipal Government Party Group and Vice Mayor, and his delegation visited Luwei Pharmaceutical to conduct in-depth research on the implementation of the main responsibility for food safety and to explain the spirit of the Fourth Plenary Session of the 20th CPC Central Committee. Huang Meng, Deputy Director of the Municipal Government Office; Guo Yihua, Secretary of the Party Group and Director of the Municipal Market Supervision Administration; Jing Gang, member of the Party Group and Deputy Director of the Municipal Market Supervision Administration; Wang Lin, Deputy District Mayor; Wang Hongzheng, Secretary of the Shuangyang Town Party Committee; Zhang Xue, Director of the District Market Supervision Administration; Mr. Feng Yanming, Chairman of the Board of Directors of the company; and Mr. Feng Shuai, General Manager, participated in the event. General Manager Feng Shuai gave a detailed report on the company's various measures in fulfilling its main responsibility for food safety and the company's economic operation, and also reported on Luwei Pharmaceutical's "15th Five-Year Plan" development plan. Vice Mayor Guo Qing fully affirmed Luwei Pharmaceutical's food safety work. He emphasized that enterprises must attach great importance to food safety and product quality, ensure that systems are implemented effectively, and maintain standardized and rigorous management. Food safety and product quality are both a red line and a bottom line. He hoped that the company would continue to play a leading role, continuously improve its food safety management level, and build a quality brand. Following this, Vice Mayor Guo Qing explained the spirit of the Fourth Plenary Session of the 20th CPC Central Committee to representatives of the company's Party members and key business personnel, and offered many practical opinions and suggestions based on the group's development. Luwei Pharmaceutical will take this research and explanation activity as an opportunity to further strengthen the company's awareness of studying and implementing the spirit of the Fourth Plenary Session of the 20th CPC Central Committee, encourage the group's cadres and employees to work hard and strive for excellence, and dedicate themselves to all aspects of the group's work with higher standards and requirements, contributing Luwei's strength to promoting the high-quality economic and social development of the city.