Xianheng International announced that the company plans to change the company type from a “limited company limited by shares” to a “other company limited by shares”. The company plans to repurchase and cancel 181,600 restricted shares at a repurchase price of 6.90 yuan/share due to the departure of 2 incentive recipients and failure to fully meet the performance assessment standards for 17 incentive recipients. After the repurchase is completed, the total number of shares of the company will be changed from 409.3932 million shares to 409.216 million shares, and the registered capital will be reduced from 409 million yuan to 409 million yuan. The company plans to simultaneously revise the corresponding provisions of the “Articles of Association”. The above matters still need to be submitted to the shareholders' meeting for consideration.

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