*ST Xinyan announced that based on the current total share capital of 1,496 billion shares, the capital was transferred from the Capital Provident Fund to increase the share capital at the rate of 12 shares for every 10 shares, for a total increase of 1,795 billion shares. After the transfer is completed, the total share capital of Xinyan Co., Ltd. will increase to 3.29 billion shares. The exact number of shares finally transferred is based on the actual number of shares registered and confirmed by the Shenzhen branch of the China Stock Exchange. The 1,795 billion additional shares mentioned above will not be distributed to the original shareholders. Among the additional shares, industrial investors obtained 500 million shares at a consideration of 1.3 yuan/share and paid 650 million yuan for the restructuring investment; various financial investors obtained a total of 935 million shares and paid 1,589 million yuan in restructuring investments based on a consideration of 1.7 yuan/share; and 360 million shares were used to settle debts of Xinyan Co., Ltd. and Sichuan Xinhang Titanium.

*ST Xinyan announced that based on the current total share capital of 1,496 billion shares, the capital was transferred from the Capital Provident Fund to increase the share capital at the rate of 12 shares for every 10 shares, for a total increase of 1,795 billion shares. After the transfer is completed, the total share capital of Xinyan Co., Ltd. will increase to 3.29 billion shares. The exact number of shares finally transferred is based on the actual number of shares registered and confirmed by the Shenzhen branch of the China Stock Exchange. The 1,795 billion additional shares mentioned above will not be distributed to the original shareholders. Among the additional shares, industrial investors obtained 500 million shares at a consideration of 1.3 yuan/share and paid 650 million yuan for the restructuring investment; various financial investors obtained a total of 935 million shares and paid 1,589 million yuan in restructuring investments based on a consideration of 1.7 yuan/share; and 360 million shares were used to settle debts of Xinyan Co., Ltd. and Sichuan Xinhang Titanium.