Dawn Co., Ltd. announced that the company plans to issue shares and pay cash to acquire 100% of Shandong Daoen Titanium Co., Ltd. and raise supporting capital. On November 14, 2025, the company received an audit inquiry letter from the Shenzhen Stock Exchange. The company and intermediaries responded to inquiries and revised the draft transaction. The details were revealed on December 27 on the Juchao Information Network. The transaction has yet to be reviewed by the Shenzhen Stock Exchange and approved by the Securities Regulatory Commission. The results and timing are uncertain, and the company will promptly disclose the progress.

Dawn Co., Ltd. announced that the company plans to issue shares and pay cash to acquire 100% of Shandong Daoen Titanium Co., Ltd. and raise supporting capital. On November 14, 2025, the company received an audit inquiry letter from the Shenzhen Stock Exchange. The company and intermediaries responded to inquiries and revised the draft transaction. The details were revealed on December 27 on the Juchao Information Network. The transaction has yet to be reviewed by the Shenzhen Stock Exchange and approved by the Securities Regulatory Commission. The results and timing are uncertain, and the company will promptly disclose the progress.