Folate: Intends to jointly invest 50 million yuan with related parties to establish a joint venture company.

Forlight announced that the company plans to jointly invest 50 million yuan with affiliated party Yihe Investment to establish Shanghai Fukunew Materials Co., Ltd., with the company holding a 40% stake. This transaction constitutes a related party transaction, but does not constitute a major asset restructuring. On December 25, 2025, the relevant proposal has been approved by the seventh board of directors meeting of the company, and no shareholder meeting approval is required. Approval from the market supervision and management department is required for the establishment of the investment target. This investment will not result in changes to the company's consolidated financial statements, will not affect normal production and operation, but may face market and operational risks in the future.