Industrial Bank Co., Ltd.: Wang Jincheng plans to reduce his shareholding by 1%.

Announcement from Xingye Group: Wang Jincheng, acting in concert with the controlling shareholder and actual controller, holds 7.1939 million shares of the company, accounting for 2.74%; due to personal asset allocation needs, he plans to reduce his holdings by no more than 2.6208 million shares, or 1% of the total share capital, through centralized bidding and/or block trading from August 27, 2025 to November 26, 2025.