According to the Northern Navigation announcement, the company held a board meeting on July 13, 2026 to review and pass the bill to establish an integrated business development branch. The branch is a second-level organization with independent accounting. The place of business is located at No. 7 Xinghuo Road, Fengtai District, Beijing. The scope of business is determined according to the authorization and business requirements of the company headquarters. The establishment of a branch is in line with the company's development plan, has a positive impact on the business, and does not constitute a major asset restructuring or related transaction. The board of directors authorized the management to handle all tasks set up by the branch.

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