TIAN CHANG GP (02182) has announced that on March 23, 2026, its subsidiary in Huizhou successfully acquired the land use rights for a plot located in the Xinmin Luotang area of Huizhou City, Guangdong Province, China. The acquisition was made through a public auction conducted by the Natural Resources Bureau for a consideration of RMB 49.5 million. Following the successful bid, the Natural Resources Bureau issued a confirmation letter for the land acquisition on the same date. The subsidiary and the Bureau are expected to enter into a contract for the grant of state-owned construction land use rights on or around April 2, 2026. The Group plans to construct a new factory on the acquired land, aligning with its development strategy to diversify its product range. The new facility will be equipped with highly automated machinery to expand the manufacturing capacity for its e-cigarette products, medical consumables, and integrated injection molding solutions. This expansion is intended to meet the growing orders for new products from existing clients and support the overall growth of the Group's business. The land acquisition is anticipated to significantly enhance the Group's ability to meet market demand, strengthen its production capabilities, and positively impact its sustainable development in the future.