Shandong Mining Machinery: intends to reduce the capital of 3 holding subsidiaries by a total of 188 million yuan.

Shandong Mining Machinery announced that the company has decided to reduce capital in three holding subsidiaries, with a total reduction of 188 million yuan. Among them, Changkongyan, which holds 100% equity, will reduce capital by 50 million yuan, Shanghai Di Lin, which holds 100% equity, will reduce capital by 43 million yuan, and Qingdao Dedao, which holds 90% equity, will reduce capital by 95 million yuan. After the reduction, the equity structure of each subsidiary will remain unchanged. From January to September 2025, Changkongyan had a revenue of 10.8226 million yuan and a net profit of 451,700 yuan; Shanghai Dilin had zero revenue and a net profit of 10,000 yuan; Qingdao Dedao had zero revenue and a net profit of 18,000 yuan. This capital reduction will not affect the business operations of the subsidiaries, will not result in changes to the consolidated financial statements, and will not affect the current period's profits and losses.