
Original: Major asset replacement and other transactions have not been completed, and implementation work is being promoted
Original announced that the company plans to acquire equity and control of Advanced Packaging Materials International Limited through significant asset swaps, issuance of shares, and cash payments, while divesting 100% equity of Shanghai Original New Materials Co., Ltd. and raising funds. In September 2025, the company received approval from the China Securities Regulatory Commission for the registration application of this transaction. As of now, the company is advancing the implementation work with the counterparty and has obtained the overseas investment project filing notice from the National Development and Reform Commission, but has not completed the overseas investment filing procedures with the business department. The company will continue to promote and disclose progress in a timely manner

