Guiyan Platinum announced that the company's holding subsidiary, Guiyan Zhongxi New Material Technology Co., Ltd. plans to invest in the construction of a high-precision high-performance composite material production base project with a total investment of 435 million yuan. The construction site is located in the industrial zone of Sheshan Town, Songjiang District, Shanghai. The construction period is 24 months, and the design will produce 2,000 tons of metal composites per year. 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.

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