Yi'an Technology announced that Baowu Magnesium plans to transfer 40.00% of its shares in Yi'an Yunhai through public listing on the Shanghai Joint Property Exchange, with a listing price of not less than 116 million yuan. The company has held a board meeting to review and pass a bill to waive priority purchasing rights. The purpose of this move is to introduce sustainable partners and give full play to the company's technical advantages in the field of magnesium-aluminum alloys and new liquid metal materials. This relinquishment of priority purchasing rights will not result in a change in the company's shareholding ratio in Yian Yunhai, will not affect the scope of the company's consolidated financial statements, and will not have a significant impact on the company's ability to continue operating and financial conditions.

Yi'an Technology announced that Baowu Magnesium plans to transfer 40.00% of its shares in Yi'an Yunhai through public listing on the Shanghai Joint Property Exchange, with a listing price of not less than 116 million yuan. The company has held a board meeting to review and pass a bill to waive priority purchasing rights. The purpose of this move is to introduce sustainable partners and give full play to the company's technical advantages in the field of magnesium-aluminum alloys and new liquid metal materials. This relinquishment of priority purchasing rights will not result in a change in the company's shareholding ratio in Yian Yunhai, will not affect the scope of the company's consolidated financial statements, and will not have a significant impact on the company's ability to continue operating and financial conditions.