Tianhai Defense: Intends to transfer 40% equity of Shanjiao Tianhai for RMB 41.0752 million.

Tianhai Defense announced that the company plans to transfer 40% of its equity in Shan Jiao Tianhai to Zhongcheng Tougou for 41.0752 million yuan. This move aims to focus on the development of core businesses and optimize the company's investment layout. After the transaction is completed, the company will no longer hold any equity in Shan Jiao Tianhai. This transaction does not require the approval of the company's shareholders' meeting, does not constitute a related party transaction, and does not constitute a major asset restructuring as stipulated in the "Management Measures for Major Asset Restructuring of Listed Companies".