Shandong Haihua: Entrust the joint venture to carry out technical research. The project budget is 71.17 million yuan.

Shandong Haihua announced that the 9th Board of Directors of the company approved the resolution on "Entrusting Joint Ventures to Conduct Industrial Test Technology Research" at the fourth interim meeting of 2026. In order to enhance the comprehensive utilization level of brine resources, the company has decided to entrust the joint venture Shandong Haihua Li Weixin Materials Co., Ltd. to carry out the related project, with a project budget of 71.17 million yuan, of which the company will bear 56.97 million yuan and the joint venture will bear 14.2 million yuan. The voting results were 9 in favor, 0 against, and 0 abstaining.