FLAT GLASS (06865) Proposes Joint Investment with Related Party Yihe Investment to Establish Shanghai Fujié

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FLAT GLASS Group Co., Ltd. (hereinafter referred to as the "Company") intends to jointly invest with related party Jiaxing Yihe Investment Co., Ltd. (hereinafter referred to as "Yihe Investment") to establish Shanghai Fujié, with a registered capital of RMB 50 million. Among this, the Company will hold a 40% stake, while Yihe Investment will hold 60%. The funding source for this external investment by the Company is its own capital. This transaction will not result in any changes to the scope of the Company's consolidated financial statements, nor will it affect the Company's normal production and operation activities. It will not have a significant adverse impact on the Company's financial condition or production operations, nor will it involve businesses related to the Company's main products (photovoltaic glass, float glass, engineering glass, and home furnishing glass). There will be no同业竞争 (horizontal competition), no impact on the Company's independence, and no situation that harms the interests of the Company and all shareholders, especially minority shareholders.