Fei Kai Materials: Fei Kai in Suzhou jointly invests with related parties to establish a partnership enterprise.

Fei Kai Materials announcement: its wholly-owned subsidiary Suzhou Fei Kai and related parties Lu Chun and Zhang Juan jointly invested in setting up the partnership enterprise Shanghai Heshen Benefit Business Management Center, with a total subscribed capital of 904,500 yuan. Among them, Suzhou Fei Kai contributed 2,250 yuan, holding a 0.25% share; Lu Chun contributed 900,000 yuan, holding a 99.50% share; Zhang Juan contributed 2,250 yuan, holding a 0.25% share. After the establishment of the partnership enterprise, it will increase the capital of Suzhou Loushen Electronic Materials Technology Co., Ltd. with all its assets, intending to acquire 30.15% equity.