Shenhuo Co., Ltd. announced that the board of directors of the company reviewed and passed a number of proposals: to apply for no more than 100 million yuan and 272 million yuan in policy financial instrument loans, respectively, to inject the wholly-owned subsidiary Shenhuo New Materials and its subsidiary Yunnan New Materials for aluminum foil project construction. After the capital increase, the registered capital of Shenhuo New Materials will not change, and the registered capital of Yunnan New Materials will increase from 300 million yuan to 572 million yuan; agreed to cancel the holding subsidiary Shanghai Shenhuo International Trade Co., Ltd. and related transactions, after cancellation; agreed to cancel the wholly-owned subsidiary Yunnan Shenhuo Trading Limited company, deregistered After that, it was no longer included in the scope of the consolidated statement.

Shenhuo Co., Ltd. announced that the board of directors of the company reviewed and passed a number of proposals: to apply for no more than 100 million yuan and 272 million yuan in policy financial instrument loans, respectively, to inject the wholly-owned subsidiary Shenhuo New Materials and its subsidiary Yunnan New Materials for aluminum foil project construction. After the capital increase, the registered capital of Shenhuo New Materials will not change, and the registered capital of Yunnan New Materials will increase from 300 million yuan to 572 million yuan; agreed to cancel the holding subsidiary Shanghai Shenhuo International Trade Co., Ltd. and related transactions, after cancellation; agreed to cancel the wholly-owned subsidiary Yunnan Shenhuo Trading Limited company, deregistered After that, it was no longer included in the scope of the consolidated statement.