Core Source Micro: Appoint Zong Runfu as Honorary Chairman and Chief Advisor.

Xinyuan Micro Announcement: The company held the first meeting of the third board of directors on June 23, 2025, and reviewed and approved the "Proposal on Appointing the Honorary Chairman and Chief Advisor of the Company". In view of Mr. Zong Runfu's outstanding contributions to the company's strategic development, governance system, and industry influence, Mr. Zong Runfu has been appointed as the honorary chairman and chief advisor of the company. Mr. Zong Runfu is the founder of the company, who has served as the company's president and chairman. Due to age reasons, he will no longer hold a directorship in the new board of directors.