Xinghui Ring Materials announced on December 31 that the company held the 19th meeting of the 3rd board of directors on December 29, 2025 to review and pass the “Proposal on the Second Phase of the Company's Share Repurchase Plan”, agreeing that the company would use its own funds to repurchase the company's issued common shares through centralized bidding transactions for employee stock ownership plans or equity incentives. The total capital of this repurchase is not less than 50 million yuan and no more than 100 million yuan, and the repurchased share price is not more than 34 yuan/share. The specific number of shares repurchased is based on the actual number of shares repurchased at the end of the repurchase period. The implementation period for share repurchase shall not exceed 12 months from the date the board of directors of the company reviews and approves the share repurchase plan. As of December 30, 2025, the company had repurchased a total of 406,300 shares, accounting for 0.21% of the company's total share capital. The repurchase price range was 22.27 yuan/share to 22.8 yuan/share, and the total amount of capital used was 9.232 million yuan.

Xinghui Ring Materials announced on December 31 that the company held the 19th meeting of the 3rd board of directors on December 29, 2025 to review and pass the “Proposal on the Second Phase of the Company's Share Repurchase Plan”, agreeing that the company would use its own funds to repurchase the company's issued common shares through centralized bidding transactions for employee stock ownership plans or equity incentives. The total capital of this repurchase is not less than 50 million yuan and no more than 100 million yuan, and the repurchased share price is not more than 34 yuan/share. The specific number of shares repurchased is based on the actual number of shares repurchased at the end of the repurchase period. The implementation period for share repurchase shall not exceed 12 months from the date the board of directors of the company reviews and approves the share repurchase plan. As of December 30, 2025, the company had repurchased a total of 406,300 shares, accounting for 0.21% of the company's total share capital. The repurchase price range was 22.27 yuan/share to 22.8 yuan/share, and the total amount of capital used was 9.232 million yuan.