Star Source Material: Intends to cancel 241.35 million shares of repurchased shares.

Star Source Material announced that the company held a board meeting on December 26, 2025, to approve the cancellation of repurchased shares, intending to cancel 2.4135 million shares. This matter still requires approval from the shareholders' meeting. In October 2022, the company planned to use 50 million to 100 million RMB of its own funds to repurchase shares for incentive plans, with a repurchase price not exceeding 25 RMB per share. As of January 13, 2023, a total of 2.4135 million shares have been repurchased, accounting for 0.19% of the total share capital, with a total transaction amount of 507.645 million RMB. As the shares have not been used and will reach 36 months of existence, the company intends to cancel them. After the cancellation, the total share capital of the company will decrease from 1.348 billion shares to 1.346 billion shares.