Haomei New Materials' Wholly-Owned Subsidiaries Sign Lease Agreements to Expand Production Capacity

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Haomei New Materials announced that the tenth meeting of the company's fifth board of directors reviewed and approved a proposal. Its wholly-owned subsidiaries, Guangdong Zhengtuo Precision Technology Co., Ltd. and Chongqing Haotuo Auto Parts Co., Ltd., plan to lease office space, production sites, and employee dormitories for daily production and operational needs, in order to expand production capacity and deploy new businesses. The lease prices are fair and will not have a material adverse impact on the company's financial position.

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广东正拓精密技术有限公司Private▲ Positive
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Wholly-owned subsidiary leasing production sites to expand capacity.

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Wholly-owned subsidiary leasing production sites to expand capacity.