Kangda New Materials: Completed payment of 27.54 million yuan for the first phase of equity transfer.

Kangda New Material Announcement: Recently, the company has completed the payment of the first phase of equity transfer fees totaling 27.54 million yuan to the trading partners Nanjing Sihe Micro Technology Co., Ltd., Weihai Langshan Information Technology Co., Ltd., Beijing Yuanliuhongyuan Electronic Technology Co., Ltd., and Qingdao Chuyaohongyi Venture Capital Fund Partnership Enterprise. Currently, other related work of this equity transaction is progressing in an orderly manner.