Changyang Technology: Intends to use its own funds of 29.9 million yuan to subscribe for Hui Zhixing's shares.

Changyang Technology Announcement: The company plans to use its own funds of 29.90 million yuan to subscribe for 923,400 shares of Ningbo Huizhixing New Materials Technology Co., Ltd. at a subscription price of 32.38 yuan per share. After completing this subscription investment, the company will hold 1.83% of Huizhixing's shares.