Puyang Huicheng: Intends to acquire a stake of no more than 37.0051% in Rayberry with an investment not exceeding 22 million yuan.

Puyang Huicheng Announcement: The company has signed a "Equity Transfer Framework Agreement" with Henan Leibai Rui New Material Technology Co., Ltd. and its shareholders Puyang Rong'an Enterprise Management Partnership Enterprise, Puyang Rongmao Enterprise Management Partnership Enterprise, Puyang Rongrong Enterprise Management Partnership Enterprise. The company plans to acquire up to 37.0051% equity of the target company held by Puyang Rong'an Enterprise Management Partnership Enterprise, Puyang Rongmao Enterprise Management Partnership Enterprise, Puyang Rongrong Enterprise Management Partnership Enterprise in cash, with an expected transaction amount not exceeding 22 million yuan. This transaction is not expected to constitute a major asset restructuring or related party transaction. The transaction is still in the planning stage, and there is uncertainty as to whether the final transaction will be completed.