Hengguang Technology announced that the company has decided to terminate the investment in the construction of a 270,000-ton green electric chemical materials project and has signed a project termination agreement with the People's Government of Wanshan District, Tongren City. This decision was approved at the 13th meeting of the company's fifth board of directors and will take effect on May 12, 2025. This move will not affect the company's normal production and operations, nor will it harm the interests of the company and its shareholders. In the future, the company will continue to promote sustainable and healthy development and enhance its core competitiveness