Dile New Materials: Termination of Agreement to Transfer Partial Shares.

Dale New Materials announced that both the actual controller, Duan Zhiming, and shareholder holding more than 5%, Yang Huihuang, have terminated the agreement to transfer part of the company's shares with the representation of "Hunan Huazhou Multistrategy No. 1 Private Securities Investment Fund" managed by Hunan Huazhou Investment Private Equity Fund Management Co., Ltd. The original plan was to transfer 19.5 million shares at a price of 6.46 yuan per share, accounting for 5.01% of the total share capital. Due to changes in objective circumstances, both parties negotiated to terminate the share transfer agreement and signed the termination agreement on May 14, 2025. Duan Zhiming and Yang Huihuang will refund the performance bond of 10 million yuan paid by Huazhou No. 1 Fund. The termination of this agreement will not result in a change in the company's control, will not affect the company's governance structure and daily production and operation, and will not have a negative impact on the company's operating performance and financial condition.