On the evening of August 27, Jiang Han New Materials (603281) announced that the company had previously signed a patent transfer agreement with the Chinese Academy of Sciences' Institute of Chemistry, agreeing to purchase the patent rights of four inventions for 60 million yuan. At the same time as signing the patent transfer agreement, the company and the counterparty have made arrangements for the sales of products produced using the targeted technology. After confirming that the previous sales arrangements could not be realized, the company believes that the feasibility of the transaction has changed and is unable to ensure a return on investment within the expected time frame. On August 26, the company and the Chinese Academy of Sciences' Institute of Chemistry signed a termination agreement, agreeing to terminate the patent transfer agreement signed by both parties.