International Composites announced that the company held a board meeting on November 5, 2026 to review and pass the “Proposal on the Construction of a High-Performance Electronic Fiber Cloth Project”, agreeing that the company will invest 1,158 billion yuan to build a high-performance electronic fiber cloth project, including 1,126 billion yuan in construction, 20.36 million yuan in working capital, and 12.159 million yuan in interest during the construction period. The project is newly built. The construction site is No. 1, Longshan Road, Changshou Economic and Technological Development Zone, Chongqing. The production scale is 111 million meters of electronic-grade glass fiber cloth per year. The construction period is November 2026 to September 2027. The capital is own capital and bank loans. This investment matter is within the authority of the board of directors, and there is no need to submit it to the shareholders' meeting for consideration.

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