Xiaxia Precision announced that five of the company's initial public offering of shares have reached the scheduled status of use, and plans to close the projects and save 357.58,800 yuan in capital raised to permanently supplement working capital. As of December 25, 2025, the total investment in fund-raising projects was 723.6415 million yuan, accounting for 96.49% of the planned investment; the balance of the special fund raised account was 35.7588 million yuan. Reasons for savings include cost control, interest income, and unpaid final payments. The matter was approved by the Audit Committee of the Board of Directors and the Board of Directors. Since the savings did not exceed 10% of the net amount, there was no need for shareholders' review, and there was no objection from the sponsor. The special account will be cancelled after the funds are transferred out.

Xiaxia Precision announced that five of the company's initial public offering of shares have reached the scheduled status of use, and plans to close the projects and save 357.58,800 yuan in capital raised to permanently supplement working capital. As of December 25, 2025, the total investment in fund-raising projects was 723.6415 million yuan, accounting for 96.49% of the planned investment; the balance of the special fund raised account was 35.7588 million yuan. Reasons for savings include cost control, interest income, and unpaid final payments. The matter was approved by the Audit Committee of the Board of Directors and the Board of Directors. Since the savings did not exceed 10% of the net amount, there was no need for shareholders' review, and there was no objection from the sponsor. The special account will be cancelled after the funds are transferred out.