Zhenjiang Group: Selling 100% equity of its overseas subsidiary Zhenjiang USA.

Zhenjiang Corporation announced that, due to the impact of relevant policies in the United States, its wholly-owned subsidiary Zhenjiang Tianjin and Zhenjiang Hong Kong's American Zhenjiang core customer have temporarily adjusted their 2026 order arrangements to ensure the compliance and application of project tax preferential policies. Taking into account the current operational status of American Zhenjiang, the expected performance in the first quarter of 2026, as well as uncertainties in future revenue and cash flow, the company has decided to sell 100% equity of American Zhenjiang to Zetwerk Manufacturing Businesses Limited for a transaction price of 22.15 million US dollars. This transaction will help the company focus on its core business, optimize its asset structure, and resource allocation.