According to the Northern Navigation announcement, the company held a board meeting on July 13, 2026 to review and pass the bill to establish an integrated business development branch. The branch is a second-level organization with independent accounting. The place of business is located at No. 7 Xinghuo Road, Fengtai District, Beijing. The scope of business is determined according to the authorization and business requirements of the company headquarters. The establishment of a branch is in line with the company's development plan, has a positive impact on the business, and does not constitute a major asset restructuring or related transaction. The board of directors authorized the management to handle all tasks set up by the branch.

According to the Northern Navigation announcement, the company held a board meeting on July 13, 2026 to review and pass the bill to establish an integrated business development branch. The branch is a second-level organization with independent accounting. The place of business is located at No. 7 Xinghuo Road, Fengtai District, Beijing. The scope of business is determined according to the authorization and business requirements of the company headquarters. The establishment of a branch is in line with the company's development plan, has a positive impact on the business, and does not constitute a major asset restructuring or related transaction. The board of directors authorized the management to handle all tasks set up by the branch.