Securities Code: 300127 Securities Abbreviation: Galaxy Magnets Announcement No.: 2026-002 Chengdu Galaxy Magnets Co., Ltd. Announcement on the Progress of Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds The Company's Board of Directors and all directors guarantee that the content of this announcement is free from any false or misleading statements or major omissions, and they shall bear legal responsibility for the truthfulness, accuracy, and completeness of its contents.
Important Risk Warning: Chengdu Galaxy Magnets Co., Ltd. (hereinafter referred to as the "Listed Company" or the "Company") disclosed the "Proposal on Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds" (hereinafter referred to as the "Restructuring Proposal") and its summary on September 27, 2025. The proposal detailed the relevant risk factors and approval procedures required, and advised investors to pay attention to subsequent progress announcements and investment risks. As of the date of this announcement, the audit, valuation, and due diligence for this transaction are still in progress. The parties involved in this transaction still need to further negotiate the transaction plan, and uncertainties remain. Apart from the risk factors disclosed in the Restructuring Proposal, the Company has not yet discovered any matters that may cause the Company's Board of Directors or the transaction counterparty to withdraw, suspend, or make substantial changes to this transaction plan. The Company will fulfill its information disclosure obligations in a timely manner based on the progress of relevant matters.