Galaxy Magnets announced that the company plans to issue shares and pay in cash to purchase 100% of the shares of Sichuan Kyoto Longtai Technology Co., Ltd. from 14 counterparties and to raise capital. The transaction is not expected to constitute a related transaction, major asset restructuring, or restructured listing. Trading of the company's securities was suspended from the opening of the market on September 15, 2025, and resumed trading on September 29. As of the date of disclosure of the announcement, related audits, evaluations, etc. are still in progress, and further negotiations are needed between the parties involved in the transaction. The deal is subject to review by the board of directors, shareholders' meetings, and regulatory approval, and there is uncertainty.

Galaxy Magnets announced that the company plans to issue shares and pay in cash to purchase 100% of the shares of Sichuan Kyoto Longtai Technology Co., Ltd. from 14 counterparties and to raise capital. The transaction is not expected to constitute a related transaction, major asset restructuring, or restructured listing. Trading of the company's securities was suspended from the opening of the market on September 15, 2025, and resumed trading on September 29. As of the date of disclosure of the announcement, related audits, evaluations, etc. are still in progress, and further negotiations are needed between the parties involved in the transaction. The deal is subject to review by the board of directors, shareholders' meetings, and regulatory approval, and there is uncertainty.