Strong New Materials: Qian Xiaochun and 5 others propose to transfer 5.1443% of the shares by agreement.

Powerful New Materials announcement, the information disclosure obligations of Qian Xiaochun, Guan Jun, Guan Guoqin, Qian Ying, and Qian Xiaoying plan to reduce their company shares held through agreement transfer, with the number of shares to be reduced accounting for 5.1443% of the total share capital. Before this equity change, the information disclosure obligations and their concerted actions held 183 million shares of Powerful New Materials, accounting for 33.6645% of the total share capital of the company; after the change, the number of shares held is 155 million, accounting for 28.5201% of the total share capital of the company. The transferee of this agreement transfer is Shanghai Baoding Investment Management Co., Ltd., with a transfer price of 10.95 yuan/share, and the total trading amount is 307 million yuan.