of January 4, Tianshan shares issued a progress announcement on the capacity indicators of publicly listed transfer subsidiaries. According to

the announcement, On December 30, 2025, the Xizang of Haitong Cement Co., Ltd. (Hereinafter referred to as "Xizang"), Xizang Gaozheng Building Materials Co., Ltd. (Hereinafter referred to as "Xizang Gaozheng") has become the 2100t/d cement clinker production capacity index ①, For the transferee of the 2100 t/d cement clinker production capacity index ② held by Jiangxi Anfu Southern Cement Co., Ltd., the transaction price is 79 yuan/ton, and the two transferees each pay the transfer price of 49.77 million yuan, with a total transaction amount of 99.54 million yuan. The largest shareholder of
Xizang is Xizang Development Investment Group Co., Ltd., and the largest shareholder of Xizang is Xizang Tianlu Co., Ltd. After verification, the two transferees have no relationship with the company, and this transaction does not constitute a relat ed transaction.

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