That's correct. It's called transubstantiation.
They tend to ignore Jesus comments that the words He spoke to His followers about eating His flesh were Spirit and life.
John 6:63 It is the Spirit who gives life; the flesh is no help at all. The words that I have spoken to you are spirit and life.
Oh, we don’t ignore “spirit and life.”
We just know it doesn’t mean “a convenient excuse to disobey.”