According to Huaxin Materials's announcement, Huaxin Group, a shareholder holding 5% or more of the shares, plans to increase its holdings of the company's A shares through centralized bidding transactions on the Shanghai Stock Exchange within 6 months from the disclosure date of the announcement. The total amount of the increase in holdings will not be less than 200 million yuan or more than 400 million yuan. Prior to the increase in holdings, Huaxin Group held 338 million shares of the company, accounting for 16.26% of the total share capital. The source of funding is private capital and a special loan of no more than 360 million yuan provided by ICBC's Hubei branch. The loan period is 3 years. The plan does not involve an offer takeover and will not result in a change in controlling interest, but may be delayed or impossible due to market or funding issues.

According to Huaxin Materials's announcement, Huaxin Group, a shareholder holding 5% or more of the shares, plans to increase its holdings of the company's A shares through centralized bidding transactions on the Shanghai Stock Exchange within 6 months from the disclosure date of the announcement. The total amount of the increase in holdings will not be less than 200 million yuan or more than 400 million yuan. Prior to the increase in holdings, Huaxin Group held 338 million shares of the company, accounting for 16.26% of the total share capital. The source of funding is private capital and a special loan of no more than 360 million yuan provided by ICBC's Hubei branch. The loan period is 3 years. The plan does not involve an offer takeover and will not result in a change in controlling interest, but may be delayed or impossible due to market or funding issues.