Conch Group signed the merger and acquisition project!

On the afternoon of September 28,

2025, the signing ceremony of Conch New Material Merger and Acquisition of North China Plastics Project was held in the conference room on the second floor of the Party and Government Complex Building in Anyang City, Henan Province. Lu Luping, Secretary of Tangyin County Party Committee of Anyang City, presided over the signing ceremony. yuan Jiajian, Secretary of Anyang Municipal Party Committee, and Zhu Shengli, General Manager of Conch Group, jointly witnessed the signing of the project. Before the

signing ceremony, yuan Jiajian, Secretary of Anyang Municipal Party Committee, met with Zhu Shengli, General Manager of Conch Group.

Henan Huabei Industrial Plastics Co., Ltd. is located in Yigou Industrial Park, Tangyin County, Anyang City, Henan Province. It mainly produces polymer low-noise idlers, modified ultra-high molecular weight polyethylene pipes and fittings and other products. It has more than 20 years of experience in manufacturing polymer idlers. It has independent intellectual property rights in related products and equipment technology. It has certain technical barriers. Strong product competitiveness and profitability. The polymer low-noise roller has significant advantages such as energy saving, long service life, low noise, wear resistance, corrosion resistance and excellent impact resistance, and has a large market space in replacing metal rollers, which are mainly used in steel, coal, cement, mining and other industries. After the acquisition of North China Plastics, Conch New Material will continue to give full play to the strong brand advantages of Conch Group and the technological advantages of North China Plastics, accelerate the expansion of the polymer roller market, increase the research and development of other alternative steel or alloy components, expand the product category of "replacing steel with plastic", expand and strengthen the polymer material industry, and create a new profit growth point for Conch New Material. Also

present at the signing ceremony were Xue Chonglin, Standing Committee and Executive Vice Mayor of Anyang Municipal Committee, Qin Zhijun, Vice Chairman of Anyang Municipal Consultative Conference, Shi Lei, Vice Secretary of Tangyin County Committee, Li Xiaobo, Chairman of Conch New Material Party Committee, Wang Congfu, Vice General Manager, and Wang Haozhan, Chairman and General Manager of North China Industrial Plastics Company.