Chujiang New Materials announced that the board of directors of the company reviewed and passed a bill for the holding subsidiary Hunan Dingli Technology Co., Ltd. to apply for termination of the listing of its shares in the national SME share transfer system. Dingli Technology will formulate measures to protect the rights and interests of dissenting shareholders. The company undertakes to fully fulfill the repurchase obligation according to the principle of whether the share acquisition cost is higher than the most recent audited net asset per share. The matter still needs to be reviewed by Dingli Technology's shareholders' meeting and approved by the National Equity Transfer Company. There is uncertainty about whether the listing can be passed and terminated, and it will not have a significant impact on the company and Dingli Technology's business development.

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