Wanma Co., Ltd. announced that its subsidiary Zhejiang Wanma Polymer Materials Group Co., Ltd. plans to build a premium cable material factory project with an annual output of 100,000 tons in Yuqian Town, Lin'an District, Hangzhou, with an estimated total investment of about 450 million yuan. On July 28, 2026, the 8th meeting of the 7th board of directors of the company reviewed and passed the bill. This investment matter is within the scope of the board's review authority and does not require approval from the shareholders' meeting or relevant departments. The main products of the project include low-smoke halogen-free cable materials, elastomer cable materials, PE, self-crosslinking materials, and special PVC materials. The construction period is expected to be 2026-2027.

Wanma Co., Ltd. announced that its subsidiary Zhejiang Wanma Polymer Materials Group Co., Ltd. plans to build a premium cable material factory project with an annual output of 100,000 tons in Yuqian Town, Lin'an District, Hangzhou, with an estimated total investment of about 450 million yuan. On July 28, 2026, the 8th meeting of the 7th board of directors of the company reviewed and passed the bill. This investment matter is within the scope of the board's review authority and does not require approval from the shareholders' meeting or relevant departments. The main products of the project include low-smoke halogen-free cable materials, elastomer cable materials, PE, self-crosslinking materials, and special PVC materials. The construction period is expected to be 2026-2027.