Tiancheng Group plans to invest 20 million RMB to establish a wholly-owned subsidiary company specializing in automotive seating.

Tiancheng Control announced that the company plans to invest 20 million yuan to establish a wholly-owned subsidiary, Xiangtan Tiancheng Control Intelligent Technology Co., Ltd., to expand the passenger car seat market, increase production capacity, and enhance market competitiveness. This subsidiary will be included in the company's consolidated financial statements, with no significant impact on the current financial condition and operating results.