Huibai New Materials announced that Shanghai Difu, a wholly-owned subsidiary of the company, plans to purchase about 35 acres of industrial land located in Zhelin Town, Fengxian District, Shanghai through a tender and invest in the construction of a “fiber composite material production project” on this site, with a total planned investment of about RMB 178 million. The matter was reviewed and approved by the 15th meeting of the fourth board of directors of the company on August 18, 2026, and there is no need to submit it to the shareholders' meeting for consideration.

Huibai New Materials announced that Shanghai Difu, a wholly-owned subsidiary of the company, plans to purchase about 35 acres of industrial land located in Zhelin Town, Fengxian District, Shanghai through a tender and invest in the construction of a “fiber composite material production project” on this site, with a total planned investment of about RMB 178 million. The matter was reviewed and approved by the 15th meeting of the fourth board of directors of the company on August 18, 2026, and there is no need to submit it to the shareholders' meeting for consideration.