Share ownership Taier Heavy Industry Co., Ltd.

Taier Heavy Industry Co Ltd is a China-based company principally engaged in high-end equipment and solutions services. The Company’s main businesses include research and development, production, sales, and intelligent operation and maintenance services of high-end equipment. The Company’s products primarily include core spare parts, core equipment, laser remanufacturing services, complete equipment sets, general contracting services, and new energy business. The Company primarily provides products and services to steel companies, original equipment manufacturers, and design institutes, with its products primarily used in the steel industry.