Yongji Group: Termination of issuing shares to purchase assets, stock will resume trading tomorrow.

Yongji Corporation announced on the evening of August 27 that the company had originally planned to issue shares and pay cash to acquire a controlling stake in Nanjing Telna Fei Electronic Technology Co., Ltd. and raise matching funds. Due to the current lack of mature conditions for the implementation of major asset restructuring in the short term, the company has decided to terminate the planned issuance of shares to purchase assets. The company's stock and convertible bonds will resume trading on August 28, 2025. This termination will not affect the company's normal operation and development.