Fuda Alloy announced that the company decided to stop purchasing 52.61% of its shares in Zhejiang Guangda Electronic Technology Co., Ltd. from 15 shareholders including Wenzhou Chuangda Investment Partnership through cash payments. The reason for termination was due to comprehensive consideration of the market environment and changes in the target company to protect the interests of listed companies and investors. The termination has been reviewed and approved by the board of directors and does not need to be submitted to the shareholders' meeting for consideration. The termination of the transaction will not have a significant adverse impact on the company's production, operation and financial position.

Fuda Alloy announced that the company decided to stop purchasing 52.61% of its shares in Zhejiang Guangda Electronic Technology Co., Ltd. from 15 shareholders including Wenzhou Chuangda Investment Partnership through cash payments. The reason for termination was due to comprehensive consideration of the market environment and changes in the target company to protect the interests of listed companies and investors. The termination has been reviewed and approved by the board of directors and does not need to be submitted to the shareholders' meeting for consideration. The termination of the transaction will not have a significant adverse impact on the company's production, operation and financial position.