Fushun Special Steel: Intends to absorb and merge its wholly-owned subsidiary Shilin Special Steel.

Fushun Special Steel announced that the board of directors met on June 15, 2026, and approved the proposal to merge its wholly-owned subsidiary, Shilin Special Steel. Shilin Special Steel has a registered capital of 71 million yuan, with the company holding 100% of the shares. As of March 31, 2026, its total assets were 69.7013 million yuan, net assets were 67.276 million yuan, revenue was 8.5092 million yuan, and net loss was 0.1205 million yuan. After the merger is completed, Shilin Special Steel will be dissolved, and all of its assets, rights, and debts will be inherited by the company. This merger does not involve any changes in registered capital, and does not constitute a related party transaction or a major asset restructuring.