Jiuri New Materials announced that the company plans to join six co-investors to increase the capital to Guangju Technology by 799.9 million yuan. After the capital increase is completed, the company will hold 43.75% of the shares, and Guangju Technology will become a participating company. A subsidiary of Guangju Technology plans to acquire 100% of IGM's shares for 1 euro. After the transaction is completed, the company will indirectly hold 43.75% of IGM's shares, and IGM will not be included in the consolidated statement. The transaction still needs to be submitted to the shareholders' meeting for review, and procedures such as overseas investment related filing approval and foreign direct investment review are required.

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