Tianshan Materials: Subsidiary pays back approximately 61.85 million yuan in overdue taxes and fines.

Tianshan Materials announced that its subsidiary, based on a self-inspection, needed to pay approximately 6185.58 million yuan in back taxes and late fees. As of the disclosure date of the announcement, the payment has been completed and there is no administrative penalty involved. According to regulations, this matter does not constitute a prior-period accounting error and will not require restatement of prior financial data. The subsidiary's payment of taxes and late fees will be recorded in the profit and loss for the year 2025, with an estimated impact on the company's 2025 net profit of approximately 6185.58 million yuan. The final result will be subject to audit and will not affect the company's normal operations.