According to the Sanlian Forging announcement, the 13th meeting of the third board of directors of the company was held on August 5, 2026 to review and pass the “Proposal on Establishing a German Branch and Cancelling the European Branch”. The establishment of the German branch is based on a prudent layout based on a long-term strategy for overseas markets and is in line with the overall development plan. The working capital is own capital and will not adversely affect the company's daily operations, finances and cash flow. The bill was previously passed by the Board's Strategy Committee.

According to the Sanlian Forging announcement, the 13th meeting of the third board of directors of the company was held on August 5, 2026 to review and pass the “Proposal on Establishing a German Branch and Cancelling the European Branch”. The establishment of the German branch is based on a prudent layout based on a long-term strategy for overseas markets and is in line with the overall development plan. The working capital is own capital and will not adversely affect the company's daily operations, finances and cash flow. The bill was previously passed by the Board's Strategy Committee.