According to Xingyuan Material's announcement, the company held a board meeting on December 26, 2025 to review and pass a bill to cancel the share repurchase. It plans to cancel 2,413,500 shares. The matter still needs to be reviewed and approved by the shareholders' meeting. In October 2022, the company plans to use 50 million to 100 million yuan of its own capital to repurchase shares for the incentive plan. The repurchase price will not exceed 25 yuan/share. As of January 13, 2023, a total of 2,413,500 shares were repurchased, accounting for 0.19% of the total share capital, and the total transaction amount was 507.645 million yuan. Since the shares have not been used and will last for 36 months, the company plans to cancel. After cancellation, the total share capital of the company will be reduced from 1,348 billion shares to 1,346 billion shares.

According to Xingyuan Material's announcement, the company held a board meeting on December 26, 2025 to review and pass a bill to cancel the share repurchase. It plans to cancel 2,413,500 shares. The matter still needs to be reviewed and approved by the shareholders' meeting. In October 2022, the company plans to use 50 million to 100 million yuan of its own capital to repurchase shares for the incentive plan. The repurchase price will not exceed 25 yuan/share. As of January 13, 2023, a total of 2,413,500 shares were repurchased, accounting for 0.19% of the total share capital, and the total transaction amount was 507.645 million yuan. Since the shares have not been used and will last for 36 months, the company plans to cancel. After cancellation, the total share capital of the company will be reduced from 1,348 billion shares to 1,346 billion shares.