Subsidiary of Gpro Titanium Industry (000545.SZ), Xuzhou Titanium White, signed a leasing and operating cooperation agreement with Zhongyan Chuangxing.

Gpro Titanium Industry (000545.SZ) announced that its wholly-owned subsidiary, Xuzhou Titanium Dioxide Chemical Co., Ltd. (hereinafter referred to as "Xuzhou Titanium White"), intends to engage in leasing and operating cooperation with Jiangsu Zhongye Chuangxing Material Technology Co., Ltd. (hereinafter referred to as "Zhongye Chuangxing") by using existing production lines. The cooperation period is three years, during which the net profit will be distributed between the two parties according to the agreed ratio when the net profit is positive, and Zhongye Chuangxing will bear all costs and losses alone when the net profit is negative. Both parties will sign a "Leasing and Operating Cooperation Agreement". On March 10, 2026, the Company held the eighth meeting of the ninth Board of Directors and approved the proposal "Regarding the Signing of Leasing and Operating Cooperation Agreement by the Wholly-Owned Subsidiary", agreeing that Xuzhou Titanium White can sign the "Leasing and Operating Cooperation Agreement" with Zhongye Chuangxing. Specific matters are authorized by the Xuzhou Titanium White shareholder meeting. The leasing cooperation between Xuzhou Titanium White and Zhongye Chuangxing is beneficial for optimizing asset utilization efficiency, improving operating conditions, and gradually achieving profitability goals. It is in line with the company's overall development strategy and the long-term interests of all shareholders.