Tibet Sky Road: Increase capital of holding subsidiary by 408 million yuan.

Tibet Sky Road announcement, the company's holding subsidiary Tibet Gaozheng Building Materials Co., Ltd. intends to increase its capital to its holding subsidiary Lang County Gaozheng Building Materials Co., Ltd. Lang County Gaozheng was jointly established by Gaozheng Shares, Tibet Cangjian Cement Co., Ltd., Nyingchi City Urban Investment Limited Liability Company, and Lang County Urban Investment Limited Liability Company, with an initial registered capital of 35 million yuan, with Gaozheng Shares holding 51% of the shares. According to the needs of the project construction, each shareholder needs to make additional investments in batches. It is expected that the final registered capital will reach 800 million yuan, with Gaozheng Shares contributing production capacity indicators and cash investments, totaling 408 million yuan, accounting for 51% of the total investment amount. This transaction constitutes a joint investment by related parties and does not constitute a major asset restructuring.