Xinqianglian announced that Xiao Gaoqiang, the controlling shareholder, one of the actual controllers, director and general manager, plans to increase his holdings of the company within 3 months from the date of disclosure of the announcement. The proposed increase in holdings is not less than RMB 50 million and not more than RMB 100 million. The increase in holdings will be implemented through centralized bidding, bulk transactions, etc., and the source of capital will be owned or raised; there is no price range for the increase plan, and the shares held in the company will not be reduced during the implementation period or within the statutory period. This increase in holdings will not result in a change in the company's control.

Xinqianglian announced that Xiao Gaoqiang, the controlling shareholder, one of the actual controllers, director and general manager, plans to increase his holdings of the company within 3 months from the date of disclosure of the announcement. The proposed increase in holdings is not less than RMB 50 million and not more than RMB 100 million. The increase in holdings will be implemented through centralized bidding, bulk transactions, etc., and the source of capital will be owned or raised; there is no price range for the increase plan, and the shares held in the company will not be reduced during the implementation period or within the statutory period. This increase in holdings will not result in a change in the company's control.