On December 30, Gelonghui reported that TRIUMPH NEW EN (600876.SH) announced that in order to further optimize and improve the layout of the New Materials business, to promote the rapid development of the main business through mergers and acquisitions, and to consolidate and enhance the company's position in the Industry and market competitiveness. On December 30, 2024, the company signed the "Investment Agreement for Jiangsu TRIUMPH New Materials Co., Ltd." (hereinafter referred to as the "Investment Agreement") with Suqian Canal Port Development Group Co., Ltd. (hereinafter referred to as "Suqian Port"), Cixi Guangnian New Energy Technology Co., Ltd. (hereinafter referred to as "Cixi Guangnian"), and Shuyang Jingze Electronic Trading Co., Ltd. (hereinafter referred to as "Shuyang Jingze"). According to the arrangement of the Investment Agreement, all parties agreed that the payment price for each new registered capital of 1 yuan would be 1 yuan, with the company and Suqian Port increasing capital for Jiangsu TRIUMPH (hereinafter referred to as "this capital increase"). Cixi Guangnian and Shuyang Jingze agreed to waive their preferential subscription rights for the newly added registered capital. The newly added registered capital for this capital increase is 497.78 million yuan, of which the company will contribute 373 million yuan in newly added registered capital. Suqian Port will contribute 124.78 million yuan in newly added registered capital. After the completion of this capital increase, the registered capital of Jiangsu TRIUMPH will increase from 2.22 million yuan to 500 million yuan, and the company will Hold 74.60% equity of Jiangsu TRIUMPH.