According to the Shandong Mining Machinery announcement, the company decided to cut the capital of the three holding subsidiaries, for a total of 188 million yuan. Among them, the capital was reduced by 50 million yuan for 100% shareholding Changkongyan, 43 million yuan for Shanghai Dilin, which holds 100% of the shares, and 95 million yuan for Qingdao Dedao, which holds 90% of the shares. After the capital reduction, the shareholding structure of each subsidiary remained unchanged. From January to September 2025, Changkongyan had revenue of 10.8226 million yuan and net profit of 451,700 yuan; Shanghai Dilin had revenue of 0 yuan and net profit of 0.1 million yuan; and Qingdao Dedao had revenue of 0 yuan and net profit of 0.18 million yuan. This capital reduction does not affect the subsidiary's business development, does not cause changes in the scope of consolidated statements, and does not affect current profit and loss.

According to the Shandong Mining Machinery announcement, the company decided to cut the capital of the three holding subsidiaries, for a total of 188 million yuan. Among them, the capital was reduced by 50 million yuan for 100% shareholding Changkongyan, 43 million yuan for Shanghai Dilin, which holds 100% of the shares, and 95 million yuan for Qingdao Dedao, which holds 90% of the shares. After the capital reduction, the shareholding structure of each subsidiary remained unchanged. From January to September 2025, Changkongyan had revenue of 10.8226 million yuan and net profit of 451,700 yuan; Shanghai Dilin had revenue of 0 yuan and net profit of 0.1 million yuan; and Qingdao Dedao had revenue of 0 yuan and net profit of 0.18 million yuan. This capital reduction does not affect the subsidiary's business development, does not cause changes in the scope of consolidated statements, and does not affect current profit and loss.