Tongcheng New Material: Issued no more than 78,724,900 shares of overseas listed common stock, filed with the CSRC.

Tongcheng New Materials announced that the company has applied to issue overseas listed shares and list on the main board of the Hong Kong Stock Exchange, which has been recorded by the China Securities Regulatory Commission. The company plans to issue no more than 78,724,900 overseas listed common shares and list on the Hong Kong Stock Exchange. This issuance and listing still require approvals and confirmations from relevant regulatory agencies and the stock exchange in Hong Kong, which presents certain uncertainties.