Jiangsu Zhongchao Cable Co Ltd

Zhongchao Holdings announced that its controlled grandson company, Jiangsu Zhongchao Aerospace Precision Casting Technology, has signed a strategic procurement cooperation framework agreement with Qingdao Zhongke Guosheng Power Technology. The agreement covers large, complex, thin-walled superalloy precision castings, including compressor rear frame nozzle main passages, intermediate frame outer ring casings, and turbine rear frame casting casings. Under the agreement, Jiangsu Precision Casting commits to prioritizing production for the client under existing and future expanded capacity, and to reserve no less than 30 percent of designed annual capacity as dedicated reserved capacity from the date the new plant officially begins production. If the client fails to utilize 70 percent of that reserved capacity for six consecutive months, Jiangsu Precision Casting has the right to release the unused portion. Qingdao Guosheng is a state-controlled enterprise and is currently the company's largest gas turbine customer. The company stated that the agreement is a framework expression of intent without strong legal binding force, that specific procurement will be subject to formal contracts, and that it will not have a material impact on this year's performance.

China Super League Holdings announced that it has received the Approval Reply on the Registration of Jiangsu China Super League Holdings Co., Ltd.'s Private Share Placement from the China Securities Regulatory Commission, granting approval for the company's registration application for the private share placement. The approval is valid for 12 months from the date of registration. The company's board of directors will handle the relevant matters in accordance with regulations and fulfill its information disclosure obligations in a timely manner.