Xin Fengming: Complete the cancellation of the remaining portion of the share repurchase in 2022, reducing the total share capital.

Xin Fengming announced that in March 2022, the company decided to repurchase shares worth 1.5-3 billion yuan for the employee stock ownership plan. By March 2023, a total of 18.3813 million shares were repurchased, costing 199 million yuan. Subsequently, the use of shares was changed to equity incentives. In 2024, the company granted 12.993 million restricted stocks to 289 incentive recipients, with 5.3883 million shares remaining. In 2025, the board of directors and shareholders agreed to cancel this portion of shares. The cancellation was completed on January 21, 2026, reducing the total share capital of the company from 1.525 billion shares to 1.519 billion shares, without affecting its listing status.