Chujiang New Materials: power restriction reduces the running time of some production lines in the business plate of copper-based materials.

Anhui Chujiang Science and Technology New Materials Co., Ltd. announced that recently, the company and its subsidiaries Qingyuan Chujiang Copper Co., Ltd., Wuhu Chujiang Alloy Copper Co., Ltd., Anhui Chujiang Special Steel Co., Ltd., Anhui Chujiang High-tech Electric material Co., Ltd., Anhui Xinhai High-tech New Materials Co., Ltd., Jiangsu Xinhai High-tech New Materials Co., Ltd., respectively received notice from relevant local government departments to reduce electricity load. The implementation of the relevant power restriction policy will lead to a reduction in the running time of some production lines in the company's copper-based materials business plate, which is expected to have a certain impact on the company's production and sales. Up to now, the production and operation of Jiangsu Tianniao High-tech Co., Ltd., Hunan Dingli Technology Co., Ltd., which are subsidiaries of the company's military carbon materials business plate, have not been affected.

The company will actively respond to the requirements of the "double control of energy consumption" policy, starting from safeguarding the overall situation of social and local economic development, and fully cooperate with the local government's power restriction measures. In order to minimize the impact of power cuts on the company, the company will reasonably optimize the production organization, actively deal with, as far as possible to reduce the adverse impact of power cuts on the company.

The company will continue to maintain good communication with the local government on power supply security and other related issues, and will pay attention to the progress of this power cut at any time, disclose the progress in accordance with the relevant regulations, and respectfully invite the majority of investors to pay attention to the investment risk.