China Glass Co., Ltd. announced that the company held a board meeting on December 22, 2025 to review and pass a bill to establish a foreign investment holding subsidiary. The company plans to jointly invest 10 million yuan with the employee shareholding platform to establish Luoyang Beibo High Temperature Electric Kiln Intelligent Equipment Co., Ltd., focusing on the manufacturing field of ceramics and other industrial equipment other than the construction industry. Among them, the company invested 7.5 million yuan with its own capital, accounting for 75%; the employee-owned platform invested 2.5 million yuan, accounting for 25%. This investment does not constitute a major asset restructuring, and no shareholders' meeting review or approval from relevant departments is required. The establishment of a new company may face policy, market and other risks.

China Glass Co., Ltd. announced that the company held a board meeting on December 22, 2025 to review and pass a bill to establish a foreign investment holding subsidiary. The company plans to jointly invest 10 million yuan with the employee shareholding platform to establish Luoyang Beibo High Temperature Electric Kiln Intelligent Equipment Co., Ltd., focusing on the manufacturing field of ceramics and other industrial equipment other than the construction industry. Among them, the company invested 7.5 million yuan with its own capital, accounting for 75%; the employee-owned platform invested 2.5 million yuan, accounting for 25%. This investment does not constitute a major asset restructuring, and no shareholders' meeting review or approval from relevant departments is required. The establishment of a new company may face policy, market and other risks.