Xinhan New Materials: Intends to acquire 51% equity of Hairuite in cash.

Xinhan New Materials announced that it intends to acquire 51% of the equity of Hairui Special in cash. The audited net profit of the target company in 2024 was -10.7952 million yuan, with the absolute value of its net profit accounting for more than 10% but less than 50% of the audited net profit of this company in 2024.