According to the Xinxiang Chemical Fiber announcement, the company responded item-by-item to the inquiry letter to review the issuance of A-shares to specific targets issued by the Shenzhen Stock Exchange on August 19, 2026. This fixed increase is intended to raise no more than 130 billion yuan, and no more than 35 people will be distributed. Among them, the controlling shareholders, Bailu Group and Xinxiang State-owned Investment Group have a total subscription amount of not less than 100 million yuan and no more than 360 million yuan. After the issuance, the total shareholding ratio of the two is not less than 25% or 30%. The subscription capital for the two is their own capital. There is no pledge financing, external fundraising or structured arrangement, and a commitment has been issued not to reduce their holdings of the company's shares for 18 months from June 23, 2026 to the completion of the current offering.

According to the Xinxiang Chemical Fiber announcement, the company responded item-by-item to the inquiry letter to review the issuance of A-shares to specific targets issued by the Shenzhen Stock Exchange on August 19, 2026. This fixed increase is intended to raise no more than 130 billion yuan, and no more than 35 people will be distributed. Among them, the controlling shareholders, Bailu Group and Xinxiang State-owned Investment Group have a total subscription amount of not less than 100 million yuan and no more than 360 million yuan. After the issuance, the total shareholding ratio of the two is not less than 25% or 30%. The subscription capital for the two is their own capital. There is no pledge financing, external fundraising or structured arrangement, and a commitment has been issued not to reduce their holdings of the company's shares for 18 months from June 23, 2026 to the completion of the current offering.