Xiamen Tungsten Industry: Intends to list and transfer real estate and some fixed assets worth 192 million yuan.

Xiamen Tungsten Industry announced that in order to focus on the development of core business, the company's controlling subsidiary Xiamen Tengwang Pavilion intends to publicly list the remaining properties of the Strait International Community Project Phase 1 to 4 and some fixed assets in Phase 2 commercial properties at the Fujian Property Exchange Center in the name of a cooperating party, with a reserve price of 192 million yuan. Xiamen Tengwang Pavilion holds 67.285% of the project's cooperative equity. This transaction does not constitute a major asset restructuring and does not require shareholder approval. The final transaction, the transferee, and the transaction amount are all uncertain, and the impact on performance is also uncertain.