Hangxiao Steel Structure: Intends to change the use of the repurchased 9.9977 million shares and cancel them.

Hangxiao Steel Structure Announcement: The company intends to change the purpose of the shares repurchased and stored in the special securities account for share repurchase, from "for employee stock ownership plan" to "for cancellation and reduction of registered capital." The total number of shares repurchased and cancelled in this change is 9.9977 million shares, accounting for approximately 0.42% of the company's current total share capital. The company completed the repurchase on December 21, 2022, repurchasing a total of 9.9977 million shares with a total fund of RMB 36.4776 million.