Recently, Xiamen Yanjan New Material Co., Ltd. issued an announcement stating that it intends to acquire control of Ningbo Yongqiang Technology Co., Ltd. by way of issuing shares and paying cash, and will raise supporting funds. This transaction is expected to constitute a major asset restructuring, and the company's shares have been suspended from trading since the market opened on January 5, 2026. Xiamen Yanjan New Material Co., Ltd. expects to disclose the transaction plan for this acquisition by January 19, 2026.