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Yangzhou Huaguang New Materials Co., Ltd. plans to issue stocks for the first time and list on the Growth Enterprise Market. It has now received guidance from Nanjing Securities Co., Ltd. and filed for guidance with the Jiangsu Regulatory Bureau of the China Securities Regulatory Commission on May 30, 2022. According to the relevant requirements of the China Securities Regulatory Commission, in order to improve the transparency of stock issuance and listing, protect the legitimate rights and interests of investors, and accept supervision from all sectors of society and the public, the relevant situation is now publicly announced as follows:

Yangzhou Huaguang New Materials Co., Ltd

May 30, 2022