Xingfa Group announced that the 13 directors and senior management of the company plan to increase their holdings of the company's A shares by a total of 260,000 to 390,000 shares through centralized bidding with their own or self-raised funds within 2 months from October 21, 2026. On October 21, 2026, nine directors and supervisors, including Chairman Li Guozhang and General Manager Cheng Yali, increased their holdings of the company's shares by a total of 220,000 shares, with a transaction amount of 5.289,600 yuan. Among them, 8 directors and supervisors have completed this plan to increase their holdings, and Deputy General Manager Zhang Qiao will continue to push forward the increase in their holdings. This increase in holdings will not lead to changes in the company's controlling shareholders and actual controllers, and there is still a risk that the holdings increase plan will not meet expectations.

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