Hailanxin: "Marine Solid Navigation Radar Project" postponed until April 30, 2027.

Hailanxin announced that the company held a board meeting on April 29th and agreed to extend the expected date for the "Ship Solid-State Navigation Radar Test Platform Construction and Industrialization Project" from April 2026 to April 30, 2027. The main infrastructure of the project, such as the factory building, has been completed, but due to factors such as market cultivation, customer validation, and technical certification, the timing of market demand volume needs to be continuously confirmed. In order to avoid idle capacity and resource mismatch, the company has made the decision to postpone the project. The postponement does not change the construction content of the project and does not affect project implementation or the company's operation.