CHINA HONGGUANG (08646) subsidiary Yufeng Weihong entered into a strategic cooperation framework agreement with TGV Glass Base Copper Plate.

CHINA HONGGUANG (08646) announced that on July 3, 2026 (after trading hours), its indirect wholly-owned subsidiary Guangdong Longguang New Materials Technology Co., Ltd. ("Longguang New Materials") has entered into a non-legally binding strategic cooperation framework agreement ("Cooperation Framework Agreement") with Guangdong Yufeng Weihe New Materials Technology Co., Ltd. ("Yufeng Weihe"), under which the parties intend to jointly expand the full industry chain business of TGV glass-based copper-clad laminate. Both parties plan to establish new projects, integrate their respective technologies and industrial resources, and build a research and development, production, and sales platform for the full industry chain process of TGV glass-based copper-clad laminate from glass substrate preparation to TGV via processing, metallization, and copper-clad laminate lamination. The Group has expanded its TGV glass-based copper-clad laminate new materials business. Therefore, from a strategic perspective, entering into the Cooperation Framework Agreement enables the Group to expand downstream applications of glass substrates and explore opportunities in advanced packaging and high-frequency high-speed material fields. From an operational perspective, this cooperation, combining glass substrate technology with copper clad technology, will generate synergies. The Group will integrate its manufacturing capabilities, enhance product added value, and drive new revenue growth.