Weixing New Materials announced that the 5th meeting of the 7th board of directors of the company deliberated and passed a number of proposals: first, to pass the 2026 third quarter report; second, to cancel 2017 million shares repurchased cumulatively from November 9, 2023 to January 11, 2024, the total share capital will drop from 1,592 billion shares to 1,572 billion shares; third, it is proposed to amend the corresponding provisions of the “Articles of Association”; fourth, the first 2026 extraordinary shareholders' meeting is scheduled to be held on November 13, 2026 to consider proposals related to cancellation of shares and amendments to the regulations.

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