‌Translation of the New Year Greeting Letter‌

‌Subject: New Year Greetings from Shandong KMR Bearing S&T Co., Ltd.‌

Dear All,

As the new year of 2026 dawns, Shandong KMR Bearing Technology Co., Ltd. extends our sincerest New Year greetings and best wishes to all our employees, valued customers, partners, and friends from all walks of life.

‌2025: A Year of Deepening Technology and Steadfast Progress‌

In 2025, we remained committed to our core strategy of "Technology-Driven Innovation and Quality First," achieving steady revenue growth and delivering an outstanding performance. Technologically, our R&D team overcame the critical challenge of "multi-material composite heat treatment for high-precision bearings," launching the "KMR·SmartCore" series of high-end bearings. These products, covering fields such as main shaft bearings for new energy vehicles and precision rotating components for aerospace, have reached P4 precision (internationally advanced level) and have been selected for the "Shandong Province Innovative Product Recommendation Catalog." In market expansion, we deepened our "dual circulation" strategy, focusing on high-end equipment clusters in the Yangtze River Delta and Pearl River Delta domestically, securing partnerships with leading new energy vehicle enterprises. Internationally, we broke through barriers in Southeast Asia and Europe, signing long-term supply agreements with renowned foreign industrial robot companies, significantly increasing our overseas sales share. Additionally, we actively fulfilled our social responsibilities by participating in the "Rural Revitalization" public welfare project, donating materials and providing technical training services to empower grassroots industrial upgrading.

These achievements are inseparable from the dedication of all our employees. From late-night R&D breakthroughs to lean manufacturing on the production floor, from market expansion on the front lines to silent support in logistics, everyone has embodied the corporate spirit of "Integrity, Innovation, and Win-Win," writing a chapter of KMR's struggle.

We extend our heartfelt thanks to our customers for your trust and support—your choices are our greatest motivation; to our partners for your collaborative efforts—your cooperation enhances our competitiveness in the industrial chain; to our shareholders for your steadfast support—your backing provides a solid foundation for our development; and to all employees and their families for your invaluable contributions—you are the company's most precious asset!

‌2026: A New Journey of Strategic Advancement‌

2026 is a pivotal year for implementing our "15th Five-Year Plan" and a crucial step toward our goal of becoming a "Leader in High-End Bearings." We will focus on "Technological Innovation" and "Customer Value," advancing three key strategic tasks: First, strengthening R&D investment by establishing the "Shandong Provincial Engineering Research Center for Heavy-Duty Roller Bearings," collaborating with multiple universities on cutting-edge research such as "New Energy Bearing Life Prediction" and "AI-Adaptive Bearings," aiming to add more than 5 new invention patents. Second, deepening market expansion by focusing on emerging industries like new energy and artificial intelligence domestically, targeting an increased proportion of high-end product sales; accelerating penetration into European and North American markets overseas to enhance the overseas sales ratio. Third, upgrading customer service by launching a "Full Lifecycle Service Plan," establishing a rapid response mechanism for customer needs (resolving technical issues within 24 hours), and building a "precise, efficient, and thoughtful" service system.

With a new year comes a new journey. Shandong KMR Bearing S&T Co., Ltd. will continue to drive innovation with technology, uphold quality as the foundation, and center our efforts on customers. We look forward to working hand in hand with all friends to create a bright future for the high-end bearing industry!

Wishing everyone a Happy New Year, good health, smooth careers, and happiness for your families!

 Shandong KMR Bearing S&T Co., Ltd.

December 31, 2025