Industrial Bank Co., Ltd.: Completion of the sale of 60% equity of its wholly-owned subsidiary Double Source Nonferrous Metals Company.

The announcement of Industrial Bank Xinjiang stated that the company decided to sell 60% equity of its wholly-owned subsidiary Shuangyuan Nonferrous on March 2, 2026, and transfer 30% each to Xiangxiang Logistics and Hainan Zhuyuan. On March 8, the equity transfer was completed and registered with the industrial and commercial department. The company has received the remaining equity transfer payments of 43.8263 million yuan each from Xiangxiang Logistics and Hainan Zhuyuan, totaling 87.6527 million yuan. As of now, the company holds 40% equity of Shuangyuan Nonferrous, which is no longer included in the company's consolidated financial statements.