According to the Xinjiang Tianye announcement, the company plans to use its own capital of 865 million yuan to acquire 100% of the shares of the four companies of Jinghe County Jingyi Mining Co., Ltd., Tianbo Chenye Mining Co., Ltd., Xinjiang Tianye Group Mining Co., Ltd., and Turfan Tianye Mining Development Co., Ltd. held by Xinjiang Tianfu Xinye Energy Co., Ltd., using its own capital of 865 million yuan. After the transaction is completed, the four companies will become wholly-owned subsidiaries of the company and included in the consolidated statement. The company will add resources such as 4 limestone mines totaling 9.45 million tons per year and 200,000 cubic meters of salt mines per year. At the same time, the company plans to sign a performance commitment compensation agreement with Tianfu Xinye. If the equity settlement is completed in 2026, Tianfu Xinye promises that the total non-net profit deducted by the target company from 2026-2028 will not be less than 184 million yuan. The compensation method is cash, and the maximum compensation limit is the total consideration of the transaction. This transaction is a related transaction, and related proposals will be submitted to the 3rd Extraordinary General Meeting of Shareholders in 2026 for consideration.

According to the Xinjiang Tianye announcement, the company plans to use its own capital of 865 million yuan to acquire 100% of the shares of the four companies of Jinghe County Jingyi Mining Co., Ltd., Tianbo Chenye Mining Co., Ltd., Xinjiang Tianye Group Mining Co., Ltd., and Turfan Tianye Mining Development Co., Ltd. held by Xinjiang Tianfu Xinye Energy Co., Ltd., using its own capital of 865 million yuan. After the transaction is completed, the four companies will become wholly-owned subsidiaries of the company and included in the consolidated statement. The company will add resources such as 4 limestone mines totaling 9.45 million tons per year and 200,000 cubic meters of salt mines per year. At the same time, the company plans to sign a performance commitment compensation agreement with Tianfu Xinye. If the equity settlement is completed in 2026, Tianfu Xinye promises that the total non-net profit deducted by the target company from 2026-2028 will not be less than 184 million yuan. The compensation method is cash, and the maximum compensation limit is the total consideration of the transaction. This transaction is a related transaction, and related proposals will be submitted to the 3rd Extraordinary General Meeting of Shareholders in 2026 for consideration.