Xianglu Tungsten announced that the company submitted an application for issuing shares to specific targets on October 14, 2025, and was accepted by the Shenzhen Stock Exchange on October 23. Due to the need for further implementation of related matters, the company applied to the Shenzhen Stock Exchange to suspend the review on December 19. The proposed suspension period is expected not to exceed 3 months. It was approved on the same day. This suspension has had no significant adverse effects. The company and intermediaries are proceeding with related work and will promptly apply for the resumption of the review after completion. The proposed increase is subject to review by the Shenzhen Stock Exchange and registration by the China Securities Regulatory Commission. The results and timing are uncertain.

Xianglu Tungsten announced that the company submitted an application for issuing shares to specific targets on October 14, 2025, and was accepted by the Shenzhen Stock Exchange on October 23. Due to the need for further implementation of related matters, the company applied to the Shenzhen Stock Exchange to suspend the review on December 19. The proposed suspension period is expected not to exceed 3 months. It was approved on the same day. This suspension has had no significant adverse effects. The company and intermediaries are proceeding with related work and will promptly apply for the resumption of the review after completion. The proposed increase is subject to review by the Shenzhen Stock Exchange and registration by the China Securities Regulatory Commission. The results and timing are uncertain.