Jiangnan New Materials: Plans to invest 300 million yuan in the research and industrialization project of high-end copper-based core materials.

Jiangnan New Materials announced that on December 18, 2025, the company signed a contract and supplementary agreement with the Yingtan High-tech Zone Management Committee and Yingtan Juneng Investment, planning to invest 300 million yuan to build a high-end copper-based core material research and industrialization project in Yingtan High-tech Zone, with a planned land area of approximately 320 acres. The project has been approved by the board of directors and does not require shareholder approval, does not constitute a related party transaction or a major asset restructuring. This project will enhance the company's production, research and development capabilities, better meet market demand, but there are risks such as industry changes, approval, and implementation progress.