Xinao shares: Promote the introduction of foreign listed shares and the application for listing work.

Xin'ao Group announced that the company plans to privatize Xin'ao Energy through its wholly-owned subsidiary and list on the main board of the Hong Kong Stock Exchange through an introduction to the market. The company has submitted and updated its application to the Hong Kong Stock Exchange in 2025, and related application materials have been published on its website in draft form. The privatization agreement arrangement is a prerequisite for the introduction to the market, and further approval, consent, or filing from relevant government and regulatory authorities, as well as approval from the shareholders' meeting, are still needed, which may involve uncertainties. The company provided a link for investors to inquire about the application materials and reminded investors to pay attention to subsequent announcements and risks.