Taiyuan Heavy Industry: Controlling shareholder Taiyuan Heavy Group intends to increase its shareholding in the company by 80 million to 160 million yuan.

Taiyuan Heavy Industry announced that the company's controlling shareholder, Taiyuan Heavy Group, has confidence in the future development and value of the company. They plan to increase their holdings of the company's unlimited circulating A-shares through the Shanghai Stock Exchange trading system in a centralized bidding manner within 12 months from the date of this announcement. The intended amount of the share increase shall not be less than 80 million yuan and not exceed 160 million yuan. This share increase plan will not result in changes to the company's controlling shareholder or actual controller.