Xinbao Co., Ltd. announced that the controlling shareholder Guangdong Dongling Kaiqin Group Co., Ltd. plans to increase its holdings through the Shenzhen Stock Exchange trading system within six months from the date of disclosure of this increase plan. The proposed increase in holdings is not less than RMB 50 million and not higher than RMB 80 million. As of the disclosure date of the announcement, Dongling Group directly held 355 million shares of the company, accounting for 43.67% of the company's total share capital; indirectly held 184 million shares of the company through Dongling Electric Group Co., Ltd., accounting for 22.64% of the company's total share capital; in total, it held 538 million shares of the company, accounting for 66.31% of the company's total share capital.

Xinbao Co., Ltd. announced that the controlling shareholder Guangdong Dongling Kaiqin Group Co., Ltd. plans to increase its holdings through the Shenzhen Stock Exchange trading system within six months from the date of disclosure of this increase plan. The proposed increase in holdings is not less than RMB 50 million and not higher than RMB 80 million. As of the disclosure date of the announcement, Dongling Group directly held 355 million shares of the company, accounting for 43.67% of the company's total share capital; indirectly held 184 million shares of the company through Dongling Electric Group Co., Ltd., accounting for 22.64% of the company's total share capital; in total, it held 538 million shares of the company, accounting for 66.31% of the company's total share capital.