Zhongwei New Materials announced that on October 22, 2026, the board of directors of the company deliberated and passed the share acquisition and foreign investment bill: the wholly-owned subsidiary Zhongwei Hong Kong Zhengxing plans to acquire 53.3% of HML's shares for about US$108 million; the wholly-owned subsidiary EEP plans to purchase additional shares of ANHI; and ANHI plans to acquire 100% of DDL's shares for US$324 million. The transaction is still subject to review and approval by the ANHI Extraordinary General Meeting of Shareholders and related overseas approval procedures.

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