WMER: The switch control valve manufacturing base project has been postponed to December 31, 2025

WMER announced that the fifteenth meeting of the fifth board of directors reviewed and approved the proposal on the extension of certain fundraising investment projects. The company has decided to extend the expected usable date for the fundraising investment project "Switch Control Valve Manufacturing Base Project." The originally scheduled usable date was December 31, 2024, and the adjusted date is December 31, 2025. This extension is based on the principle of prudence, taking into account the actual investment progress of the fundraising investment project, the current market environment, and the company's development strategy, and does not involve changes to the project implementation entity, the use of raised funds, or the scale