Nanshan Aluminum Industry: Establishing a wholly-owned subsidiary Hainan Nanshan Aluminum Industry Co., Ltd. based on the policies and geographical advantages of Hainan Free Trade Port.

Announcement from Nanshan Aluminium Industry: The company will use its own funds of 5 million yuan to establish a wholly-owned subsidiary, Hainan Nanshan Aluminium Industry Co., Ltd. The purpose is to leverage the policies and geographical advantages of the Hainan Free Trade Port, improve the company's regional industrial layout, expand research and development of high-end aluminum products, and engage in import and export trade, using the subsidiary as a regional hub to expand the overseas market and enhance the response speed to domestic and international markets. This investment aligns with the company's strategic planning and operational development needs, and will have a positive impact on the company's long-term development and business benefits.