Wanbangda announced that the company used 577 million yuan to acquire 26.50% of the shares of Huizhou Isco New Materials Technology Development Co., Ltd., which are held by Tibet Annaikang New Materials Co., Ltd. and Tibet Daizete New Materials Co., Ltd. As of the disclosure date of the announcement, the company has paid the first share transfer. Huizhou ISCO has completed the registration of the industrial and commercial change. The company's shareholding ratio has increased from 73.5% to 100%, and Huizhou ISCO has become a wholly-owned subsidiary of the company.

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