Dingtaike: Subsidiary plans to invest 700 million yuan to build an advanced new materials manufacturing base.

Dingtaike Technology announced that its wholly-owned subsidiary, Dongguan Dingtaixin Electronics Co., Ltd., plans to sign an investment agreement with the Dongguan Houjie Town People's Government to build the Dingtaixin Advanced New Materials Manufacturing Base project in the local TOD area. The total investment in the project is RMB 700 million, including RMB 560 million in fixed asset investment, with about 64 mu of land, mainly engaged in the R&D and production of woven abrasive brushes, ceramic abrasive brushes, and other products. This investment matter has been reviewed and approved by the company's board of directors, does not need to be submitted to the shareholders' meeting for review, and does not constitute a related-party transaction or a major asset restructuring. At present, the two parties have not yet formally signed the agreement, and the project still needs to go through multiple approvals, posing uncertainty risks such as implementation changes and delays.