Fangyuan Corporation: Signed a technology export cooperation agreement, expected to receive 4.8 billion Japanese Yen in fees.

Fangyuan Corporation Announcement: The company has signed a cooperation agreement with a Japanese company and a target company to cooperate in the development and production of NCMA series/NCA series/NCM series precursors in Japan in the form of technology output and shareholding. The company will provide technology and processes to the target company, and will receive a total of 4.8 billion yen in technology service fees, design fees, and operating technology usage fees in batches according to the project implementation stages. It is expected to receive 1.24 billion yen by 2025. This cooperation is expected to have a positive impact on the company's current and future operating income and net profit.