Tianhai Defense announced that Otsu Heavy Industries, a wholly-owned subsidiary of the company, plans to acquire 65% of its shares in Lvneng Heavy Industries Co., Ltd. from Lvneng Heavy Industries with its own capital of RMB 347.75 million. After the transaction is completed, Green Energy Zhenjiang will become a holding subsidiary of the company and will be included in the scope of the consolidated statement. The matter was reviewed and approved by the 22nd meeting of the sixth board of directors of the company on July 30, 2026. It does not constitute a major asset restructuring or related transaction, and there is no need to submit it to the shareholders' meeting for consideration.

Tianhai Defense announced that Otsu Heavy Industries, a wholly-owned subsidiary of the company, plans to acquire 65% of its shares in Lvneng Heavy Industries Co., Ltd. from Lvneng Heavy Industries with its own capital of RMB 347.75 million. After the transaction is completed, Green Energy Zhenjiang will become a holding subsidiary of the company and will be included in the scope of the consolidated statement. The matter was reviewed and approved by the 22nd meeting of the sixth board of directors of the company on July 30, 2026. It does not constitute a major asset restructuring or related transaction, and there is no need to submit it to the shareholders' meeting for consideration.