Wuxi Jinyang New Materials Co., Ltd. (301210.SZ) announced that its board of directors has approved a proposal to change the company's name, stock abbreviation, expand its business scope, and amend the Articles of Association. The proposal still requires approval at the shareholders' meeting. The company intends to change its name from "Wuxi Jinyang New Materials Co., Ltd." to "Wuxi Jinyang Precision Manufacturing Co., Ltd." and its stock abbreviation from "Jinyang New Materials" to "Jinyang Precision." Additionally, to align with actual operational needs, the company plans to expand its business scope by adding "plastic products manufacturing; bearing, gear, and transmission component manufacturing; bearing, gear, and transmission component sales." Corresponding amendments will be made to the Articles of Association based on these changes.
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