Ebang International Holdings Inc. (NASDAQ:EBON, the "Company, " "we, " "us" or "our")) today announced that its subsidiary had successfully won a bid for certain industrial land in Xinghe County, Ulaanqab City, Inner Mongolia Autonomous Region, China. The Company plans to construct production facilities for high-efficiency amorphous and nanocrystalline new materials on the site. This project will advance the Company's expansion across renewable energy, new materials, and the green power industry chain, accelerating its strategic upgrade towards becoming a global provider of energy-related new material solutions.