Progress Announcement on Acquiring 100% Equity of Zhejiang Yaorui New Materials Co., Ltd.

✨ AI Summary

This announcement details the progress of Wan Kai New Materials Co., Ltd. in acquiring 100% equity of Zhejiang Yaorui New Materials Co., Ltd. The acquisition was approved during a board meeting on April 25, 2026, and is expected to enhance the company's market position. The completion of the acquisition is contingent upon regulatory approvals.

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