Tianeng Heavy Industries: Zheng Xu plans to transfer 4.00% of the company's shares.

Tianeng Heavy Industries announcement, shareholder Zheng Xu intends to transfer 40.16 million shares, accounting for 4.00% of the company's total share capital. This inquiry transfer is not conducted through centralized bidding or block trading, and the transferee is institutional investors with corresponding pricing capabilities and risk tolerance, who are not allowed to transfer within 6 months of acquisition. Zheng Xu is not a controlling shareholder, actual controller, director, or senior management of the company, holding more than 5% of Tianeng Heavy Industries' shares. The reason for this transfer is for personal capital needs.