Taiyuan Heavy Industry: Acquires 67% stake in Taizhongxiangming for 300 million yuan.

Taiyuan Heavy Industry Announcement, the company intends to acquire 67% equity of Taizhong Group Xiangmingzhi Intelligent Equipment Co., Ltd. with cash payment, with a total transaction price of 300 million yuan. Taizhong Group is the controlling shareholder of Taiyuan Heavy Industry, and this transaction constitutes a related party transaction. Xiangmingzhi Intelligent Equipment Co., Ltd. was established in 1999 with a registered capital of 161 million yuan, mainly engaged in the manufacturing of special equipment and other businesses. As of March 31, 2025, Xiangmingzhi Intelligent Equipment Co., Ltd. had total assets of 824 million yuan, total liabilities of 442 million yuan, and net assets of 382 million yuan. The operating income for the year 2024 was 610 million yuan, with a net profit of 36.2925 million yuan. This transaction has been approved by the company's board of directors and still requires approval by the shareholders' meeting.