Xinlei Energy: Shareholder Bai Wen intends to reduce his holding of 0.15% of the company's shares.

NewRay Energy Announcement: Shareholder Bai Wen, who holds 1.87% of the company's shares, plans to reduce his holdings by no more than 800,000 shares, accounting for 0.15% of the total share capital. The reduction will be done through centralized bidding and block trading, within three months after the announcement date. The reason for the reduction is the shareholder's own financial needs.