Chengdu Galaxy Magnets is planning to acquire assets, and its stock will continue to be suspended to facilitate the transaction.

Starting from September 15, 2025, Chengdu Galaxy Magnet Co., Ltd. will suspend trading due to planning to acquire the controlling rights of Sichuan Kyoto Longtai Technology Co., Ltd. through the issuance of shares and cash payment, and to raise funds for the transaction. It is expected to resume trading no later than September 29. As of the announcement on September 19, the company and all parties involved are actively progressing with the related work of the transaction. Due to uncertainties in the transaction and to protect investors' interests and avoid abnormal fluctuations in stock prices, the company's stock will continue to be suspended. During the suspension period, the company will carry out the necessary procedures, and submit and disclose the relevant documents within the committed timeframe. Investors should pay attention to subsequent announcements and be aware of investment risks.