Lanshi Heavy Industries: Investment of 2.07 billion yuan in the Qingdao Nuclear Power Equipment Capacity Enhancement Project.

Lanshi Holdings has announced that its wholly-owned subsidiary, Qingdao Company, plans to invest in the construction of the Qingdao Nuclear Power Equipment Capacity Enhancement Project and the third phase Nuclear Equipment Heavy Plant Construction Project. The estimated fixed asset investment for the project is 207 million yuan, with construction scheduled to be completed by the end of 2026. Once completed, the project will further expand the company's production scale in the nuclear energy field, providing sufficient capacity reserves and stable supply guarantee for the company's nuclear energy business development, which will help enhance the company's overall competitiveness and increase its risk resistance capabilities.