Huaguang New Material: Shareholders inquire about the transfer of equity with a preliminary valuation of 60.21 yuan per share.

Hua Guang New Materials announced that the preliminary transfer price for the transfer of shares by shareholders is determined to be 60.21 yuan per share. This transfer is a non-public transfer, not conducted through centralized bidding or block trading, and does not involve secondary market reduction. A total of 22 institutional investors participated in the bidding, with a valid subscription multiple of 2.97 times. The shares intended for transfer have been fully subscribed, with 11 institutional investors preliminarily identified as transferees, intending to transfer a total of 4,558,970 shares. The transferees are not allowed to transfer the shares within the next 6 months after the transfer.