According to Xinghua New Materials's announcement, according to the inquiry and subscription situation on September 15, the current shareholders' inquiry transfer price was initially determined to be 19.21 yuan/share. A total of 19 institutional investors participated in the quotation, and a total of 9.55 million shares were effectively subscribed, corresponding to a valid subscription ratio of 5.61 times. The shares to be transferred have been fully subscribed. It has been initially determined that the transferees are 4 institutional investors, and the total number of shares to be transferred is 1,702,500. The transfer of this inquiry is not a reduction in holdings through the secondary market, and the shares transferred by the transferee cannot be transferred within 6 months after the transfer.

According to Xinghua New Materials's announcement, according to the inquiry and subscription situation on September 15, the current shareholders' inquiry transfer price was initially determined to be 19.21 yuan/share. A total of 19 institutional investors participated in the quotation, and a total of 9.55 million shares were effectively subscribed, corresponding to a valid subscription ratio of 5.61 times. The shares to be transferred have been fully subscribed. It has been initially determined that the transferees are 4 institutional investors, and the total number of shares to be transferred is 1,702,500. The transfer of this inquiry is not a reduction in holdings through the secondary market, and the shares transferred by the transferee cannot be transferred within 6 months after the transfer.