Huabao Xinneng announced that on December 24, 2025, the company held the 18th meeting of the 3rd board of directors and agreed to change the name of the fund-raising investment project “Digital Zero Carbon Industrial Park Project” to “Xinneng No.1 Building Project”. The company raised a net capital of 5.595 billion yuan from its initial public offering of shares. Previously, the company completed, postponed, and adjusted some fund-raising projects. In addition, the company has used some of the overraised capital to buy back shares, invest in new projects, supplement working capital, and repay bank loans. This project name change does not affect the normal implementation of the project or other matters, and there are no disguised changes in investment direction or damage shareholders' interests.

Huabao Xinneng announced that on December 24, 2025, the company held the 18th meeting of the 3rd board of directors and agreed to change the name of the fund-raising investment project “Digital Zero Carbon Industrial Park Project” to “Xinneng No.1 Building Project”. The company raised a net capital of 5.595 billion yuan from its initial public offering of shares. Previously, the company completed, postponed, and adjusted some fund-raising projects. In addition, the company has used some of the overraised capital to buy back shares, invest in new projects, supplement working capital, and repay bank loans. This project name change does not affect the normal implementation of the project or other matters, and there are no disguised changes in investment direction or damage shareholders' interests.