Yagile Fashion Co., Ltd. Self-examination Report on Insider Trading of Company Stock by Persons with Knowledge of Inside Information Regarding the 2026 Restricted Stock Incentive Plan

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Stock abbreviation: Youngor Stock code: 600177 Number: Lin2026-014

The company’s board of directors and all directors guarantee that this announcement contains no false records, misleading statements, or major omissions, and assume legal responsibility for its truthfulness, accuracy, and completeness.

On March 6, 2026, Youngor Fashion Co., Ltd. (hereinafter referred to as “the Company”) held the 25th meeting of the 11th Board of Directors, during which it reviewed and approved the proposals regarding the “2026 Restricted Stock Incentive Plan (Draft)” and its summary, as well as the “Implementation and Assessment Management Measures for the 2026 Restricted Stock Incentive Plan,” among other related proposals. The relevant announcement was disclosed on March 7, 2026, on the company’s designated media for information disclosure and the Shanghai Stock Exchange website.

According to the “Administrative Measures for Equity Incentives of Listed Companies,” “Guidelines for Self-Regulation of Listed Companies on the Shanghai Stock Exchange No. 2—Information Disclosure Affairs Management,” and other normative documents, the company has taken all necessary confidentiality measures for the 2026 Restricted Stock Incentive Plan (hereinafter referred to as “the Incentive Plan” or “this Incentive Plan”) and has registered the insiders of the plan as required.

In accordance with the “Administrative Measures for Equity Incentives of Listed Companies” and related regulations, the company conducted a self-inspection of the trading activities of the insiders of this Incentive Plan within six months prior to the announcement of the draft plan (from September 6, 2025, to March 6, 2026, hereinafter referred to as “self-inspection period”). The specific situation is as follows:

1. Scope and Procedure of Inspection

• The inspection targets are the insiders of this Incentive Plan.
• All insiders of the Incentive Plan filled out the “Insider Registration Form.”
• The company queried the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. (hereinafter “Shanghai Clearing”) regarding the trading activities of the targets during the self-inspection period, and Shanghai Clearing issued a query certificate.

2. Trading Activities of the Insiders During the Self-Inspection Period

The company reviewed the trading activities of the insiders in conjunction with the progress of this Incentive Plan. According to the “Shareholding and Share Change Inquiry Certificate” and “Shareholder Share Change Details” issued by Shanghai Clearing, none of the insiders engaged in buying or selling the company’s stock during the self-inspection period.

3. Conclusion

During the planning process of this Incentive Plan, the company strictly followed the “Management System for Insiders” and internal confidentiality policies, limited the scope of personnel involved in planning discussions, and adopted appropriate confidentiality measures. The company registered the insiders of this Incentive Plan, and the confidential information was strictly controlled within the registered personnel. No information leakage was found before the release of the related announcement.

In summary, after verification, the company found no evidence that insiders of this Incentive Plan used inside information to buy or sell the company’s stock or leaked related inside information within six months prior to the draft plan announcement.

This announcement is hereby made.

Youngor Fashion Co., Ltd.

Board of Directors

March 24, 2026

Stock code: 600177 Stock abbreviation: Youngor Announcement No.: 2026-013

Youngor Fashion Co., Ltd.

First Extraordinary General Meeting of 2026 Announcement

The company’s board of directors and all directors guarantee that this announcement contains no false records, misleading statements, or major omissions, and assume legal responsibility for its truthfulness, accuracy, and completeness.

Key points:

● Were there any vetoed proposals at this meeting: No

1. Meeting Details and Attendance

(1) Date of the Shareholders’ Meeting: March 23, 2026

(2) Location: Conference Room, First Floor, No. 2 Yin County Avenue West, Haishu District, Ningbo, Zhejiang Province

(3) Shareholders present and their holdings:

(4) Whether the voting method complies with the “Company Law” and the “Articles of Association,” and the convening process:

The meeting adopted a combined on-site and online voting method. It was convened by the company’s board of directors and chaired by Chairman Li Rucheng. The procedures for convening and holding the meeting, the qualification of attendees, and the voting methods and procedures all comply with relevant laws and regulations.

(5) Attendance of directors and the company secretary

• There are 9 incumbent directors, all present.
• Company Secretary Feng Jun attended the meeting; Vice Presidents Hu Ganggao and Liu Xinyu, and CFO Zhu Ji also attended.

2. Review of Proposals

(1) Non-cumulative voting proposals

• Proposal Name: Proposal on the “2026 Restricted Stock Incentive Plan (Draft)” and its summary

  Result: Approved

  Voting details:

• Proposal Name: Proposal on the “Implementation and Assessment Management Measures for the 2026 Restricted Stock Incentive Plan”

  Result: Approved

  Voting details:

• Proposal Name: Proposal to authorize the Board of Directors to handle matters related to the 2026 Restricted Stock Incentive Plan

  Result: Approved

  Voting details:

(2) Major matters involving shareholders holding less than 5% of shares

(3) Explanation of voting on proposals:

• The above proposals 1, 2, and 3 are special resolutions, passed by more than two-thirds of the voting rights of shareholders and shareholders’ representatives present at the meeting.
• These proposals are separately counted for small and medium investors’ votes.
• The company’s incentive targets and related parties attending the meeting abstained from voting on proposals 1, 2, and 3.

3. Lawyer Witness

• Law firm witnessing the meeting: Zhejiang Heyi Guanda Law Firm

• Lawyers: Chen Nong, Jin Yan

• Legal opinion:

The procedures for convening and holding the meeting, the qualification of the convener and attendees, voting procedures, and voting results comply with the “Company Law,” “Rules of Shareholders’ Meeting,” and other laws, regulations, departmental rules, normative documents, and the Articles of Association. The resolutions of this shareholders’ meeting are legal and valid.

This announcement is hereby made.

Youngor Fashion Co., Ltd. Board of Directors

March 24, 2026