According to Tianhai Defense's announcement, the company's second-largest shareholder, the Great Wall Asset Reduction Plan has been implemented. Great Wall Asset originally held 894.292.35 million shares of the company, accounting for 5.18% of the total share capital. From December 22 to December 30, 2025, it reduced its holdings by 17.247,800 shares through centralized bidding, accounting for 0.998% of the total share capital, and reduced its holdings by 8 yuan/share at an average price of 8 yuan/share. After the holdings were reduced, Great Wall Asset's shareholding fell to 72,1814.35 million shares, accounting for 4.18%. This reduction in holdings will not lead to a change in the company's control and will not have a significant impact on the company's operations.

According to Tianhai Defense's announcement, the company's second-largest shareholder, the Great Wall Asset Reduction Plan has been implemented. Great Wall Asset originally held 894.292.35 million shares of the company, accounting for 5.18% of the total share capital. From December 22 to December 30, 2025, it reduced its holdings by 17.247,800 shares through centralized bidding, accounting for 0.998% of the total share capital, and reduced its holdings by 8 yuan/share at an average price of 8 yuan/share. After the holdings were reduced, Great Wall Asset's shareholding fell to 72,1814.35 million shares, accounting for 4.18%. This reduction in holdings will not lead to a change in the company's control and will not have a significant impact on the company's operations.