Jiaozuo Wanfang's application to issue shares for the acquisition of assets has been accepted by the Shenzhen Stock Exchange.

On September 18, 2025, Jiaozuo Wanfang Aluminum Co., Ltd. received a notice from the Shenzhen Stock Exchange titled "Notice of Acceptance of Jiaozuo Wanfang Aluminum Co., Ltd.'s Application for Issuing Shares to Acquire Assets." The company intends to acquire 99.4375% equity of Cayman Aluminum Co., Ltd. held by Hangzhou Jinjiang Group through the issuance of shares. Shenzhen Stock Exchange has verified that the application documents are complete and has decided to accept the application. However, this transaction still needs to be approved by the Shenzhen Stock Exchange and registered by the China Securities Regulatory Commission before it can be implemented. There is uncertainty regarding whether the transaction will pass the review and obtain registration approval. The company will disclose progress in a timely manner and remind investors to be aware of the risks.