China Aviation Heavy Industries announced that the 24th interim meeting of the 7th board of directors of the company reviewed a number of proposals. It was agreed to increase the capital of China Aerospace Laser Technology Co., Ltd. by 85.5 million yuan for R&D capacity building in the main additive industry, which still requires state-owned approval and filing; it was agreed to establish a project for its additive capacity building project. The agreement to absorb and merge China Aviation Metal Material Physical and Chemical Testing Technology Co., Ltd. is subject to state-owned approval and shareholders' approval. It is proposed to renew the “Director's Liability Insurance” and submit it to the shareholders' meeting for consideration. It was agreed that Heavy Equipment Aerospace would open a special account to raise funds. Five people including Ran Xing and 3 others, including Wang Xiongyuan, were recommended as candidates for non-independent directors and independent directors for the 8th board of directors. It was agreed to terminate the implementation of the A-share restricted stock incentive plan and repurchase and cancel. The 6th Extraordinary General Meeting of Shareholders will also be held in 2025.

China Aviation Heavy Industries announced that the 24th interim meeting of the 7th board of directors of the company reviewed a number of proposals. It was agreed to increase the capital of China Aerospace Laser Technology Co., Ltd. by 85.5 million yuan for R&D capacity building in the main additive industry, which still requires state-owned approval and filing; it was agreed to establish a project for its additive capacity building project. The agreement to absorb and merge China Aviation Metal Material Physical and Chemical Testing Technology Co., Ltd. is subject to state-owned approval and shareholders' approval. It is proposed to renew the “Director's Liability Insurance” and submit it to the shareholders' meeting for consideration. It was agreed that Heavy Equipment Aerospace would open a special account to raise funds. Five people including Ran Xing and 3 others, including Wang Xiongyuan, were recommended as candidates for non-independent directors and independent directors for the 8th board of directors. It was agreed to terminate the implementation of the A-share restricted stock incentive plan and repurchase and cancel. The 6th Extraordinary General Meeting of Shareholders will also be held in 2025.