Bowe Alloy: Plans to sell 100% of the equity of Bowell at a price of 254 million USD.

Boviet Alloy announced that its wholly-owned subsidiary Boviet USA LLC intends to sell 100% equity of Boviet to INOX SOLAR AMERICAS LLC, with a total transaction price not exceeding $254 million in cash and delivery. The implementation of the US "Big and Beautiful Act" may result in operational losses for the company. After the transaction is completed, Boviet will no longer be included in the consolidated financial statements. Currently, $25.4 million has been deposited into the escrow account, $15 million has been released to the seller's account, and the agreement has taken effect.