[Siquan New Materials: Jointly invested with related parties to establish Zhongke Xinghai] On September 3, Siquan New Materials (301489.SZ) announced that the company jointly invested with Zhongke Xingtu, Huanju Tuoyu, and Xingxin Juxin to establish Zhongke Xinghai. The company invested 2.8 million yuan, accounting for 28% of the registered capital. Liao Chuqiao, the daughter of the company's shareholder, director, and vice president Liao Xiaofei who holds more than 5% of the shares, actually controls 44% of the voting rights of Zhongke Xinghai through the transfer of investment shares, constituting a related transaction. This transaction does not need to be submitted to the board of directors and shareholders' meeting for review and does not constitute a major asset reorganization.