[Xiamen Tungsten Industry: Will continue to carry out mergers and acquisitions to strengthen, supplement and extend the chain around the industrial chain] On October 27th, Xiamen Tungsten Industry stated at the third quarter 2026 performance briefing that the company will continue to carry out mergers and acquisitions to strengthen, supplement and extend the chain around the industrial chain, further enriching the tool product matrix, and improving processing services and overall solution capabilities. At the same time, the company is also steadily advancing production expansion and new projects. It has built its first overseas cutting tool production base in Thailand. The production capacity of the Xiamen Tongan cutting tool expansion project has gradually been released. The Chengdu cutting tool project has begun construction. It has also actively deployed overseas warehousing and sales service networks to improve global localized service response and delivery efficiency.