In 2025, Suzhou SHIHUA New Materials Technology Co., Ltd. issued A-shares to specific targets, raising a net amount of 591 million yuan. Previously, the company had implemented an optical display film material expansion project in advance using self-raised funds, with an investment of 30.7065 million yuan as of September 11; and had used self-raised funds to pay issuance expenses of 1.4968 million yuan. On September 19, the company's board of directors and supervisory board reviewed and approved a proposal to use 32.2033 million yuan of raised funds to replace the aforementioned self-raised funds. This matter complies with relevant regulations, does not affect the normal progress of the fundraising project, and does not require submission to the shareholders' meeting for review. Huatai United Securities, as the sponsor, has no objections to this replacement matter