Three Gorges New Materials announced that it intends to acquire 40% of its shares in Three Gorges New Materials Lingang New Materials Co., Ltd. from Yichang State-owned Capital Investment Holding Group Co., Ltd., with a transaction amount of 200,000 yuan. This transaction constitutes a related transaction and does not constitute a major asset restructuring. The transaction was reviewed and approved at the first meeting of the company's independent directors meeting in 2026 and the first interim meeting of the board of directors in 2026. The amount of this related transaction did not meet the criteria for shareholders' meeting review, and there is no need to submit it to the company's shareholders' meeting for review.

Three Gorges New Materials announced that it intends to acquire 40% of its shares in Three Gorges New Materials Lingang New Materials Co., Ltd. from Yichang State-owned Capital Investment Holding Group Co., Ltd., with a transaction amount of 200,000 yuan. This transaction constitutes a related transaction and does not constitute a major asset restructuring. The transaction was reviewed and approved at the first meeting of the company's independent directors meeting in 2026 and the first interim meeting of the board of directors in 2026. The amount of this related transaction did not meet the criteria for shareholders' meeting review, and there is no need to submit it to the company's shareholders' meeting for review.