Titan Technology intends to acquire 100% equity of ASL for 5.7564 million pounds.

Titan Technology announces that the company plans to use its own funds or self-raised funds of 5.7564 million pounds to acquire 100% equity of Apollo Scientific Ltd. held by Central Glass of Japan. After the completion of this transaction, ASL will become a subsidiary of Titan Technology and be included in the consolidated financial statements. ASL is a highly specialized company in the field of chemicals and related products supply, mainly focusing on chemical product distribution and customized services. The purpose of this transaction is to expand overseas sales channels, improve the company's overseas layout, accelerate internationalization processes, and enhance core competitiveness. This transaction still requires the approval procedures of relevant national departments and overseas local authorities.