According to the Xingyuan Environmental announcement, the company plans to buy back 3.8672% of the shares of Zhejiang Dredging, a holding subsidiary held by related party Xingyuan Zhejiang Shu. After the transaction is completed, Zhejiang Dredging will become a wholly-owned subsidiary of the company, and Xingyuan Zhejiang Shu will be liquidated. This transaction constitutes a related transaction, does not constitute a major asset restructuring, does not require submission to the shareholders' meeting for consideration, and the equity transfer payment will be paid no later than June 30, 2027. The transaction was based on the assessed value of all shareholders' equity of Zhejiang Dredging on December 31, 2025 of 676 million yuan, and the pricing was fair.

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