Tianshan shares transfer its 7 clinker production line indicators, totaling 17850t/d!

of December 12, Tianshan shares announced that in order to maximize the value of existing production capacity, combined with the actual situation of the production line. The subsidiaries of the Company intend to transfer the production capacity indicators of 7 cement clinker production lines by way of public listing, and the total production capacity indicators to be listed are 17,850t/d. Equivalent to 5.355 million tons , the total transfer amount is about 297.5265 million yuan .

This transaction intends to transfer capacity indicators by public listing, and does not involve personnel placement, land leasing and debt restructuring.

This transaction does not constitute a major asset reorganization stipulated in the Measures for the Administration of Major Asset Reorganization of Listed Companies. Underlying assets of