Unite our efforts to seek development, forge ahead and embark on a new journey - Hero Magnetic New Materials (Zhejiang) first shareholders' meeting of 2026 was successfully held

Recently, the first shareholders' meeting of Hero Magnetic New Materials (Zhejiang) Co., Ltd. for the year 2026 was successfully held in the company's conference room in Zhejiang. All shareholders and the core management team of the company attended the meeting to jointly review the company's development plan, deploy key annual tasks, and lay a solid foundation for the steady development of the enterprise in the new year.

The meeting strictly adhered to legal procedures, deliberated and approved multiple important proposals related to the company's strategic development and operational management, covering core aspects such as business layout optimization, production capacity planning advancement, and deepening of industry-university-research cooperation. Simultaneously, the meeting elected the new board of directors for the company in accordance with the law, injecting new vitality into the company's governance structure. The attending shareholders diligently performed their duties, engaging in in-depth discussions centered around key issues such as market expansion and technological innovation in the soft magnetic materials field, fully exchanging opinions and reaching broad consensus.

At the meeting, the company's management team reported on the operational results, core business progress, and industry development trends in 2025, and elaborated on the development goals and implementation paths for 2026. It was clarified that the company will continue to focus on the research, development, and industrialization of amorphous and nanocrystalline soft magnetic materials, rely on existing technological accumulation, deepen industrial chain collaboration, steadily advance various production and operation tasks, and fully respond to market demands.

The successful convening of this shareholders' meeting has further unified our development philosophy and consolidated the joint efforts of shareholders and management team. Looking ahead, Hero Magnetic New Materials (Zhejiang) will leverage this meeting as an opportunity to uphold our core corporate values, fulfill our development mission, steadily implement various resolutions, and continue to delve deeply into the field of soft magnetic materials with more stable operations and superior products. We are committed to writing a new chapter of high-quality development in 2026.