Latest Progress on Omat’s High-Purity Oxygen-Free Copper Production Base Project

As of October 2024, Omat Advanced Materialss '"High-purity Oxygen-Free Copper Production Base Construction Project" has made important progress. After the main building of the factory building is capped, indoor installation and supporting facilities in the factory are under construction; the first batch of delivered production equipment is in the installation and debugging stage.

The "High-purity Oxygen-Free Copper Production Base Construction Project" is one of the fund-raising investment projects (referred to as the "Investment Project") that Oolai Xincai has initially issued shares and listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. It is also one of the key investment projects in Guangdong Province in 2024. The fundraising project is located in the Industrial Park of Ruyuan Yao Autonomous County, Shaoguan City. The project construction covers production workshops, office buildings, employee dormitories and supporting facilities.