Zhejiang Xineng: Xineng development completes the reduction of 1% of shares, with a total amount of 200 million yuan.

Zhejiang Xineng announcement, Xineng Development completed the reduction plan, and will reduce 24.0467 million shares through centralized bidding from February 10, 2026 to March 13, 2026. This represents 1.00% of the company's total share capital, with a reduction price range of 7.85 to 9.29 yuan/share, totaling 200 million yuan. The current holding is 408 million shares, accounting for 16.97%. Previously, Xineng Development held 432 million shares, accounting for 17.97%.