WELLTECH: Plans to purchase a portion of the equity in Zijiang New Materials

WELLTECH issued an announcement regarding abnormal fluctuations in stock trading. The company plans to acquire a portion of the equity of Shanghai Zijiang New Materials Technology Co., Ltd. held by certain shareholders through cash payment, aiming to gain control of Zijiang New Materials. Currently, the relevant matters related to the transaction are in progress, and key elements such as the specific transaction price have not yet been finalized