Taiyuan Heavy Industry: Proposes to sell equity of a subsidiary for 618 million yuan and expects related transactions by 2026.

Taiyuan Heavy Industry announced that the 2025 second interim meeting of the tenth board of directors will review multiple proposals. The company plans to sell 100% equity of its wholly-owned subsidiary Shanxi Taizhong Coking Equipment Co., Ltd. for 618 million yuan to its controlling shareholder Taiyuan Heavy Machinery Group Co., Ltd.; expects daily related party transactions in 2026; plans to provide a non-financing guarantee of 100 million yuan for its wholly-owned subsidiary; plans to change the registered capital and amend the "Articles of Association." All the above proposals require approval by the company's shareholders' meeting. In addition, the company plans to convene the 2025 fourth interim shareholders' meeting on December 22, 2025 to review relevant proposals.