Nikke Chemical announced that the company plans to purchase 70.75% of Shandong Genyuan New Materials Co., Ltd.'s shares and raise supporting capital by issuing shares to no more than 35 specific targets. The transaction is expected to constitute a major asset restructuring and related transaction, and not a restructuring listing. As of the disclosure date of the announcement, the company is cooperating with intermediaries to carry out due diligence, audit, evaluation and other related work. The relevant work has not yet been completed, the transaction plan is still being negotiated and perfected, and procedures such as review by the board of directors, shareholders' meetings, and approval by supervisory authorities are still required, and there is uncertainty. Before issuing the shareholders' meeting notice, the company will publish a progress announcement every 30 days.

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