Xinkai Technology announced that the company held the 17th meeting of the 2nd board of directors on September 23, 2026 to review and pass proposals to postpone some fund-raising projects. The company issued an initial public offering of 234.34,900 shares, raising net capital of 244 million yuan. It is proposed to extend the “R&D Center and Headquarters Construction Project” from September 30, 2026 to June 30, 2027 until June 30, 2027. The project plans to raise 165 million yuan. As of August 31, 2026, it has invested a total of 112 million yuan, and the investment progress is 68.03%. The main reason for the delay is that some of the R&D equipment is imported customized equipment, and its production, delivery, commissioning and verification cycle is long. This extension will not have a significant impact on the company's current production and operation. The matter does not need to be submitted to the shareholders' meeting for consideration

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