Liu Gong answered on the Investor Interactive Platform that with regard to the board meeting bill, the company simultaneously disclosed the “Notice Concerning Holding Subsidiaries No Longer Included in the Scope of Consolidated Statements and Passive Formation of Foreign Financial Assistance” on November 29, 2025. According to the equity adjustment and transaction arrangements, the company no longer paid part of the premium investment payment to Jianghan Construction Machinery through capital reserve to increase share capital and minority shareholders' capital, and the shareholding ratio of Jianghan Construction Machinery was reduced from 51.0004% to 34.5893%. Meanwhile, other shareholders of Jianghan Construction Machinery signed a concerted action agreement. After this equity restructuring, Jianghan Construction Machinery is no longer included in the scope of the company's consolidated statements. Please pay attention to the above announcement for details.

Liu Gong answered on the Investor Interactive Platform that with regard to the board meeting bill, the company simultaneously disclosed the “Notice Concerning Holding Subsidiaries No Longer Included in the Scope of Consolidated Statements and Passive Formation of Foreign Financial Assistance” on November 29, 2025. According to the equity adjustment and transaction arrangements, the company no longer paid part of the premium investment payment to Jianghan Construction Machinery through capital reserve to increase share capital and minority shareholders' capital, and the shareholding ratio of Jianghan Construction Machinery was reduced from 51.0004% to 34.5893%. Meanwhile, other shareholders of Jianghan Construction Machinery signed a concerted action agreement. After this equity restructuring, Jianghan Construction Machinery is no longer included in the scope of the company's consolidated statements. Please pay attention to the above announcement for details.