Xingyu Co., Ltd.: Issued no more than 44.7997 million H shares, recorded by the China Securities Regulatory Commission.

Xingyu Co., Ltd. announced that the company is applying for the issuance of overseas shares and listing on the main board of the Hong Kong Stock Exchange, and has recently received a filing notice from the China Securities Regulatory Commission. The company plans to issue no more than 44,799,650 overseas listed ordinary shares and list them on the Hong Kong Stock Exchange. This issuance and listing are subject to approval from the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange, and there are uncertainties involved.