Official announcement regarding the company's strategic transformation and adjustment of registered capital

Official announcement regarding the company's strategic transformation and adjustment of registered capital
Dear customers, partners and all employees:
In the current context of profound changes in the macroeconomic environment and accelerated industrial upgrading, in order to actively respond to fluctuations in the demand for traditional products and optimize the company's resource allocation, after careful study by the company's board of directors and in accordance with relevant procedures, it has been decided to make a major adjustment to the company's business strategy and simultaneously implement a reduction in registered capital. The following are the relevant matters announced as follows:
In recent years, due to multiple factors such as industry cycles, intensified market competition and structural changes in downstream demand, the company's traditional product business has faced significant operational pressure and failed to meet expectations. Although the team has continued to strive, the growth space of the traditional business is limited and the efficiency of resource utilization needs to be improved. To fundamentally solve the development bottleneck, the company has decided to actively contract the traditional product line and concentrate its resources on more growth-oriented and strategically valuable areas.
Based on in-depth analysis of emerging markets such as industrial intelligence, safety operation and infrastructure detection, the company will fully shift to the research, development, manufacturing and system integration of intelligent industrial cleaning robots and related detection equipment. The key focus will be on the following four application scenarios:
Tank intelligent cleaning: For the internal cleaning problems of large tanks in industries such as petrochemicals and energy, develop a robot system with autonomous navigation, obstacle avoidance, high-pressure cleaning and waste residue recovery integrated functions, to improve operational safety and environmental protection standards;
Pipeline full life cycle maintenance: Develop pipeline cleaning robots suitable for complex working conditions, supporting online detection, blockage removal and inner wall repair, to help urban pipeline and industrial pipeline intelligent operation and maintenance;
Deep well detection and assessment: Targeting fields such as geological exploration, mine safety and groundwater monitoring, create high-precision, high-pressure-resistant, deep-water-tolerant deep well detection robots, to achieve real-time perception and data collection of underground environments;
Hidden project intelligent diagnosis: For concealed structures in industries such as construction, transportation and water conservancy, develop non-destructive detection systems, combined with AI image recognition and 3D modeling technology, to identify structural hazards and prevent safety risks in advance.
To ensure the smooth implementation of this strategic transformation, the company intends to legally reduce its registered capital. The funds released will be specifically used for the research and development of intelligent robot core technologies, the breakthrough of key components' domestic production, the construction of testing and verification platforms and the introduction of high-end talents. This capital structure adjustment is a key measure for the company to "retreat to advance" and focus on its main business, aiming to lighten the burden and accelerate the construction of a second growth curve centered on intelligent equipment.
We understand that the transformation path is full of challenges, but it also contains opportunities. The company promises to strictly follow the "Company Law" and relevant regulatory provisions, properly fulfill the obligation to notify creditors, and ensure that the reduction procedure is legal, compliant and smooth. At the same time, existing customer orders and after-sales services will not be affected, and the existing business team will be reasonably repositioned and skill upgraded according to the new strategic direction.
In the future, we will take "Intelligent safeguarding industrial safety, technology empowering infrastructure" as our mission, and strive to become a leading provider of industrial intelligent operation and maintenance equipment in China. We firmly believe that with the joint efforts of all employees and the continuous support of customers and partners, the company will surely enter a new stage of high-quality development.
This is our announcement.
Beijing Aotelong Technology Development Co., Ltd.(BJATL-waterjet system)
Board of Directors
August 28, 2026