Changhong High-tech: The issuance of shares and other acquisition of 100% equity of Guangxi Changke is currently in progress.

Changhong High-Tech announced that the company plans to purchase 100% equity of Guangxi Changke New Materials Co., Ltd. through the issuance of shares, convertible corporate bonds, and cash payment, and raise matching funds, which is expected to constitute a major asset restructuring and constitute a related transaction, but not constitute a restructuring listing. The company's stock was suspended on July 8, 2025, and resumed trading on July 21. As of the disclosure date of the announcement, related due diligence, audits, evaluations, and other work are in progress. After completion, the Board of Directors will convene again for deliberation and disclose relevant matters. This transaction still needs to go through internal decision-making procedures and obtain regulatory approval, and there is uncertainty as to whether it can be implemented.