Xingfa Group announced that Yichang Xingfa Investment, a wholly-owned subsidiary of Yichang Xingfa, the controlling shareholder of the company, plans to increase its holdings of the company through centralized bidding from October 26, 2026 to January 25, 2027, with an increase of 100 million yuan to 120 million yuan. From October 29 to October 30, 2026, Yichang Xingfa Investment increased its holdings of the company by 870,000 shares, with a transaction amount of 1971,700 yuan. Up to now, the total number of shares held has been increased by 1.082,000 shares, accounting for 0.0905% of the total share capital, with a cumulative increase of 247.907 million yuan. This increase in holdings will not lead to changes in the company's controlling shareholders and actual controllers, and there is a risk that the implementation of the holdings increase plan will fall short of expectations.

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