Dingtai Hi-Tech announced that Dongguan Dingtaixin Electronics Co., Ltd., a wholly-owned subsidiary of the company, plans to sign an investment agreement with the Dongguan Houjie Town People's Government to invest in the Dingtaixin Advanced New Material Manufacturing Base project in the local TOD area, with a total investment of 700 million yuan, including 560 million yuan in fixed assets and about 64 acres of land, mainly engaged in the development and production of textile brushes, ceramic brushes and other products. The investment matter has been reviewed and approved by the company's board of directors. There is no need to submit it to the shareholders' meeting for consideration, and it does not constitute a related transaction or major asset restructuring. Currently, the two parties have not formally signed an agreement, and the project still needs to go through multiple approvals, and there are uncertain risks such as implementation changes or delays.

Dingtai Hi-Tech announced that Dongguan Dingtaixin Electronics Co., Ltd., a wholly-owned subsidiary of the company, plans to sign an investment agreement with the Dongguan Houjie Town People's Government to invest in the Dingtaixin Advanced New Material Manufacturing Base project in the local TOD area, with a total investment of 700 million yuan, including 560 million yuan in fixed assets and about 64 acres of land, mainly engaged in the development and production of textile brushes, ceramic brushes and other products. The investment matter has been reviewed and approved by the company's board of directors. There is no need to submit it to the shareholders' meeting for consideration, and it does not constitute a related transaction or major asset restructuring. Currently, the two parties have not formally signed an agreement, and the project still needs to go through multiple approvals, and there are uncertain risks such as implementation changes or delays.