TIANGONG INT'L (00826) subsidiary to supply mold steel products to a European customer.

TIANGONG INT'L (00826) announced that Five Star Special Steel Europe S.R.L. (FSSSE), an indirectly wholly-owned subsidiary of the company, has entered into a purchase agreement with an existing European end customer. Under the agreement, FSSSE will supply mold steel products of various specifications to the customer, totaling 5,000 tonnes, with a value of approximately RMB 80 million. The board of directors believes that the signing of the agreement recognizes the quality and competitiveness of the group's products in the European market. Through entering into the agreement, it will bring a stable source of export revenue for the mold steel segment, helping to ensure stable demand for the group's products in the European market.