Harbin Huatong announced that the fourth meeting of the 5th board of directors of the company deliberated and passed the “Proposal on Closing Some Fund-raising Projects and Permanently Supplementing Working Capital with Savings Raised Funds”, agreeing to close the “Special High Alloy Welding Wire Preparation Project” and the “Engineering Technology Center Construction Project”, save 36.481,600 yuan of capital raised permanently to supplement working capital, and cancel the relevant special fund-raising accounts. The matter still needs to be submitted to the company's shareholders' meeting for consideration.

Harbin Huatong announced that the fourth meeting of the 5th board of directors of the company deliberated and passed the “Proposal on Closing Some Fund-raising Projects and Permanently Supplementing Working Capital with Savings Raised Funds”, agreeing to close the “Special High Alloy Welding Wire Preparation Project” and the “Engineering Technology Center Construction Project”, save 36.481,600 yuan of capital raised permanently to supplement working capital, and cancel the relevant special fund-raising accounts. The matter still needs to be submitted to the company's shareholders' meeting for consideration.