Kiu Sun New Materials: Wholly-owned subsidiary Inner Mongolia Kiu Sun intends to acquire 2.175% equity of Hongyuan Tiancheng for 2.3925 million yuan.

Announcement from Jiuri Xincai: The wholly-owned subsidiary Inner Mongolia Jiuri Xincai Material Co., Ltd. plans to acquire 2.175% of the equity of Macro Far Tiancheng held by the original shareholder Jia Zhenqi for 2.3925 million yuan, with the fund source being self-owned funds. After the completion of this transaction, Inner Mongolia Jiuri's shareholding in Macro Far Tiancheng will increase from 48.00% to 50.175%. Macro Far Tiancheng will become a wholly-owned subsidiary and a controlling subsidiary of Inner Mongolia Jiuri, included in the company's consolidated financial statements. The completion of this transaction will strengthen the company's control over upstream raw materials, effectively reduce the company's raw material procurement costs, enhance synergies in the company's industrial layout, provide strong support for the production of the company's main photoinitiator products, and have a positive impact on the company's business, with limited impact on the company's performance in the short term.