Western Metal Materials subsidiary suspends trading for major asset restructuring

Western Metal Materials Co., Ltd. announced that its controlled subsidiary, Xi'an Fierte Metal Filtration Materials Co., Ltd. (Fierte), a company listed on the National Equities Exchange and Quotations (NEEQ) under stock code 873577, is planning a major asset restructuring. Fierte has applied for a trading suspension to ensure fair information disclosure, protect investor interests, and prevent abnormal stock price fluctuations.

The suspension of Fierte's shares began on September 22, 2025, and is expected to resume by October 21, 2025. Further details can be found in Fierte's "Stock Suspension Announcement" (Announcement No.: 2025-034) published on the NEEQ system on September 19, 2025.

Western Metal Materials emphasized that the major asset restructuring is still in the planning stage, and its implementation remains uncertain. The company pledges to adhere strictly to relevant laws and regulations, promptly fulfilling subsequent information disclosure obligations, and advises investors to be aware of the investment risks involved.