Ming Xin Xuteng announced that the company held a meeting on December 22, 2025 to review and pass the proposed extension of the fund-raising project. The “Dingdao New Material Intelligent Manufacturing Project with an annual output of 8 million square meters of water-based water” is expected to reach a usable state date, which will be extended from December 2025 to December 2026. As of September 30, 2025, the company has invested a total of 428.5088 million yuan to raise capital, with an investment progress of 64.57%. The extension is due to changes in the market demand structure, leaving a decision-making cycle for strategic evaluation and avoiding the risk of idle production capacity. This extension does not affect the implementation of the project and the operation of the company, there is no need to submit it to the shareholders' meeting for review, and the sponsor agency has no objections.

Ming Xin Xuteng announced that the company held a meeting on December 22, 2025 to review and pass the proposed extension of the fund-raising project. The “Dingdao New Material Intelligent Manufacturing Project with an annual output of 8 million square meters of water-based water” is expected to reach a usable state date, which will be extended from December 2025 to December 2026. As of September 30, 2025, the company has invested a total of 428.5088 million yuan to raise capital, with an investment progress of 64.57%. The extension is due to changes in the market demand structure, leaving a decision-making cycle for strategic evaluation and avoiding the risk of idle production capacity. This extension does not affect the implementation of the project and the operation of the company, there is no need to submit it to the shareholders' meeting for review, and the sponsor agency has no objections.