Xinhenghui announced that the 20th meeting of the second board of directors of the company deliberated and passed the “Proposal on Using Overraised Capital to Invest in the Construction of New Projects”, which proposes to use a total of 887.816,500 yuan of overfunded initial public shares and 42,1835 million yuan of own capital for etching lead frame production workshop expansion and IoT eSIM chip encapsulation and expansion projects; the meeting also considered and passed the “Proposal on Requesting the Shareholders' Meeting to Authorize the Board of Directors to Handle Matters Related to the 2026 Restricted Stock Incentive Plan”. All of the above proposals have yet to be submitted to the shareholders' meeting for consideration.

Xinhenghui announced that the 20th meeting of the second board of directors of the company deliberated and passed the “Proposal on Using Overraised Capital to Invest in the Construction of New Projects”, which proposes to use a total of 887.816,500 yuan of overfunded initial public shares and 42,1835 million yuan of own capital for etching lead frame production workshop expansion and IoT eSIM chip encapsulation and expansion projects; the meeting also considered and passed the “Proposal on Requesting the Shareholders' Meeting to Authorize the Board of Directors to Handle Matters Related to the 2026 Restricted Stock Incentive Plan”. All of the above proposals have yet to be submitted to the shareholders' meeting for consideration.