Yongjie New Material: Major asset acquisition matter passes antitrust review, response to inquiry letter postponed.

Yongjie New Materials announced that the company is planning to purchase the relevant assets of Auconing Investment Co., Ltd. with cash, including 100% equity of Auconing Aluminium Industry and 95% equity of Auconing Aluminium Industry, constituting a major asset restructuring. On March 23, 2026, the transaction passed the antitrust review of the State Administration for Market Regulation. On May 6, the company received an inquiry letter from the Shanghai Stock Exchange, and due to the need to supplement and improve the information, the company applied for an extension to reply by May 19, not exceeding 5 trading days. This transaction still needs approval from the shareholders' meeting, so there is uncertainty.