000877SZSE

Progress Announcement on the Expropriation of Subsidiary Properties by the People's Government of Gusu District, Suzhou

✨ AI Summary

Tianshan Materials Co., Ltd. announced that its subsidiary, Suzhou Concrete Cement Products Research Institute, signed an expropriation compensation agreement with the Gusu District government. The subsidiary has completed its relocation and received a remaining compensation payment of approximately 94.99 million yuan. This follows a board resolution from December 2025 approving the agreement and related procedures.

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Full Translation

AI Translation· azure_openai

Tianshan Materials Co., Ltd. (the "Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

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