Gelonghui, January 23 | Hongbai New Materials (605366.SH) announced that today the company received the “Approval to Register Jiangxi Hongbai New Materials Co., Ltd. to Issue Convertible Corporate Bonds to Unspecified Targets” (Securities Regulatory License (2024) No. 108) (hereinafter referred to as the “Approval”) from the China Securities Regulatory Commission. The details of the approval are as follows:

1. Agree to your company's registration application to issue convertible corporate bonds to unspecified targets. 2. Your company's current offering shall be carried out in strict accordance with the application documents submitted to the Shanghai Stock Exchange and the issuance plan. 3. This approval is valid for 12 months from the date of consent to registration. 4. From the date of consent to registration until the end of the current issuance, if any important matter occurs, your company shall promptly report it to the Shanghai Stock Exchange and deal with it in accordance with relevant regulations.