Tianshan Co., Ltd. announced that in order to maximize the value of the production capacity index, the production capacity indicators of two cement clinker production lines belonging to the company's subsidiaries were publicly listed and transferred, with an amount of 80.4 million yuan. A subsidiary of Gansu Qilianshan Cement Group was the transferee. Since Wang Luyan, a former executive, is the chairman of Qilianshan Cement, this transaction forms a related transaction and was reviewed and approved by the board of directors on December 12. It is estimated to affect current net profit of about 65.24 million yuan, accounting for 10.90%. From the beginning of 2025 to the disclosure date, the total related transactions between the company and Qilianshan Cement amounted to about 810 million yuan.

Tianshan Co., Ltd. announced that in order to maximize the value of the production capacity index, the production capacity indicators of two cement clinker production lines belonging to the company's subsidiaries were publicly listed and transferred, with an amount of 80.4 million yuan. A subsidiary of Gansu Qilianshan Cement Group was the transferee. Since Wang Luyan, a former executive, is the chairman of Qilianshan Cement, this transaction forms a related transaction and was reviewed and approved by the board of directors on December 12. It is estimated to affect current net profit of about 65.24 million yuan, accounting for 10.90%. From the beginning of 2025 to the disclosure date, the total related transactions between the company and Qilianshan Cement amounted to about 810 million yuan.