Shangwei New Materials: Zhiyuan Hengyue completes tender offer acquisition.

Announcement from Shangwei New Materials: Zhiyuan Hengyue has fulfilled relevant obligations in accordance with regulations, and the liquidation and transfer procedures for this tender offer have been completed. Zhiyuan Hengyue holds 2.36 billion shares of Shangwei New Materials, accounting for 58.6232% of the total share capital of the listed company. Zhiyuan Hengyue and its concerted actors collectively hold 2.57 billion shares of Shangwei New Materials, accounting for 63.6232% of the total share capital of the listed company.