Xin Fengming: Intending to change the purpose of 5,383,000 repurchased shares and to cancel them.

Xin Feng Ming announced that on March 7, 2022, the company plans to repurchase shares with an amount ranging from 150 million to 300 million yuan. By March 6, 2023, a total of 18.3813 million shares have been repurchased, accounting for 1.20% of the total share capital, using funds of 199 million yuan. On August 6, 2024, the purpose of repurchasing shares was changed from "employee stock ownership plan" to "stock incentive plan". On October 14, 2024, after the completion of the incentive plan grant, there were 5.3883 million shares remaining unused. From November to December 2025, the board of directors and shareholders' meeting passed a resolution to change the purpose of these remaining shares to "cancellation and reduction of registered capital". As of January 19, 2026, the total share capital is 1.525 billion shares, and after the changes and cancellations, it is 1.519 billion shares, with the distribution of equity still meeting the listing requirements.