Xingxin New Materials announced that the participating company Xinnuo Environmental plans to increase capital by 40 million yuan, and the company plans to increase capital by 10 million yuan with its own capital and relinquish some priority subscription rights. The 20th meeting of the third board of directors of the company reviewed and passed the bill. After the capital increase is completed, the company's shareholding ratio in Xinnuo Environment will be reduced from 30.75% to 26.92%. Xinnuo Environment is still the company's shareholding company, and the scope of the consolidated statement will not change.

Xingxin New Materials announced that the participating company Xinnuo Environmental plans to increase capital by 40 million yuan, and the company plans to increase capital by 10 million yuan with its own capital and relinquish some priority subscription rights. The 20th meeting of the third board of directors of the company reviewed and passed the bill. After the capital increase is completed, the company's shareholding ratio in Xinnuo Environment will be reduced from 30.75% to 26.92%. Xinnuo Environment is still the company's shareholding company, and the scope of the consolidated statement will not change.