Wanshun New Materials announced that its wholly-owned subsidiary, Jiangsu Zhongji Composites Co., Ltd. plans to purchase 100% of the Eurofoil Luxembourg S.A. shares held by Aluminium Investment Company Limited in cash, with a transaction consideration of 12.3889 million euros. The transaction still needs to be submitted to the company's board of directors and shareholders' meeting for review, and the approval or filing procedures of Luxembourg's relevant investment regulations. The deal still needs to issue the target company's audit report and evaluation report year after year, and there is uncertainty about whether the final deal can be reached.

Wanshun New Materials announced that its wholly-owned subsidiary, Jiangsu Zhongji Composites Co., Ltd. plans to purchase 100% of the Eurofoil Luxembourg S.A. shares held by Aluminium Investment Company Limited in cash, with a transaction consideration of 12.3889 million euros. The transaction still needs to be submitted to the company's board of directors and shareholders' meeting for review, and the approval or filing procedures of Luxembourg's relevant investment regulations. The deal still needs to issue the target company's audit report and evaluation report year after year, and there is uncertainty about whether the final deal can be reached.