Nbtm New Materials Group shares remain suspended

Nbtm New Materials Group Co., Ltd. is continuing its plan to acquire 35.75% of Shanghai Fucheng High-Tech Co., Ltd. through a combination of share issuance and cash payment, alongside a proposed private placement. The transaction is anticipated to constitute a related-party transaction but will not result in a change of control. Trading of Nbtm New Materials Group's shares, which has been suspended since February 25, 2025, will remain halted as the company progresses with the deal. Parties are actively engaged in discussions and negotiations regarding the transaction. The company will continue to fulfill its information disclosure obligations and will issue further announcements.