Xingyuan Material announced that the 21st meeting of the sixth board of directors of the company reviewed a number of proposals. It was agreed to cancel 2,413,500 unused shares after completing the January 2023 repurchase. The bill, as well as the bill to change the registered capital and amend the “Articles of Association”, are all subject to review by the shareholders' meeting. After cancellation, the registered capital of the company will change from 1,348 billion yuan to 1,346 billion yuan, and the total number of shares will change from 1,348 billion to 1,346 billion shares. In addition, it is proposed to purchase liability insurance for Dong Gao's personnel. The compensation limit is 50 million yuan/year, and the premiums will not exceed 300,000 yuan/year, which will be submitted directly to the shareholders' meeting. The company also decided to hold its first extraordinary shareholders' meeting on January 12, 2026.

Xingyuan Material announced that the 21st meeting of the sixth board of directors of the company reviewed a number of proposals. It was agreed to cancel 2,413,500 unused shares after completing the January 2023 repurchase. The bill, as well as the bill to change the registered capital and amend the “Articles of Association”, are all subject to review by the shareholders' meeting. After cancellation, the registered capital of the company will change from 1,348 billion yuan to 1,346 billion yuan, and the total number of shares will change from 1,348 billion to 1,346 billion shares. In addition, it is proposed to purchase liability insurance for Dong Gao's personnel. The compensation limit is 50 million yuan/year, and the premiums will not exceed 300,000 yuan/year, which will be submitted directly to the shareholders' meeting. The company also decided to hold its first extraordinary shareholders' meeting on January 12, 2026.