Xianheng International: Proposal to repurchase and cancel 889,000 restricted stocks.

Xianheng International announced that the company held a board meeting on November 19, reviewing and approving the proposal to repurchase and cancel a portion of restricted stocks. Due to the individual or subsidiary level performance falling below standard in 2024, the company plans to repurchase and cancel 889,040 restricted stocks awarded to 46 incentive recipients that have not been released from restrictions. The repurchase price is 6.16 yuan per share, with a total amount of 5.4765 million yuan, sourced from the company's own funds. After the repurchase is completed, the company will follow legal procedures for reducing capital, and the total share capital will be reduced from 410,282,240 shares to 409,393,200 shares.