High-temperature alloy subsidiary reorganization plan completed

Taihai Manoir Nuclear Equipment announced that its wholly-owned subsidiary, Yantai Taihai Nuclear Equipment, received a court ruling confirming the completion of the reorganization plan for its debtor, Yantai Manoir High-Temperature Alloy. The court in Laishan District, Yantai, issued the ruling on June 28, 2025, confirming that Yantai Manoir High-Temperature Alloy had completed the restructuring process as supervised by Yantai Taihai Nuclear Equipment Management. Following the completion of the reorganization, Yantai Taihai Nuclear Equipment holds a 93.5967% stake in Yantai Manoir High-Temperature Alloy, making it a second-tier holding subsidiary, and its financial performance will be consolidated into the company's financial statements. The company anticipates this will impact its 2025 financial data.