Tianrun Industry announced that the company intends to acquire 100% equity of Shandong Altae Auto Parts Co., Ltd., held by Jiangsu Dongxi Engine Parts Co., Ltd., Altae Metal Co., Ltd., Dongxi Machinery Co., Ltd., and Han Huizhen, with its own funds of 135 million yuan. This transaction has been reviewed and approved at the 22nd meeting of the sixth board of directors held by the company on July 22, 2025. This transaction falls within the decision-making authority of the company's board of directors and does not need to be submitted to the shareholders' meeting for review. This transaction involves risks such as the valuation risk of the underlying assets and the fluctuation risk of the underlying assets' profitability. After the completion of this transaction, the company may face integration risks post-acquisition.

Shandong Altae is a South Korean-funded enterprise that supplies parts for South Korean automakers. It produces high-pressure aluminum castings, possesses a full-chain production process, and has rich experience and technical reserves after years of operation in the industry.