Haige Communications subsidiary seeks strategic investment for growth

Guangzhou Haige Communications Group Incorporated Company announced that its wholly-owned subsidiary, Guangzhou Haige Tianteng Industry Development Co., Ltd. ("Tianteng Industry"), will pre-list on the Guangzhou Equity Exchange. This move aims to introduce strategic investors through a capital increase and share expansion. The pre-listing is for information disclosure only, to solicit interested parties, and does not constitute a transaction.

As of June 30, 2025, Tianteng Industry reported total assets of CNY 125,519.21, total liabilities of CNY 35,432.31, and owners' equity of CNY 90,086.90. For the period from January to June 2025, the company recorded a net profit of CNY 83.22. The capital increase aims to meet Tianteng Industry's business development and operational funding needs, accelerate its information industry base construction, and expand its unmanned and low-altitude economy businesses.

Guangzhou Haige Communications will remain the controlling shareholder of Tianteng Industry, ensuring the transaction will not alter the company's consolidated financial statement scope or adversely affect its production and operations. The capital increase and share expansion require approval from relevant authorities and internal review procedures.