Xianhe's controlling shareholder completes major stock purchase

Xianhe Co., Ltd.'s controlling shareholder, Zhejiang Xianhe Holding Group Co., Ltd., has completed its shareholding increase plan as of September 30, 2025. The plan, initially disclosed on April 9, 2025, aimed to acquire between CNY 300,000,000 and CNY 500,000,000 worth of the company's A-shares through centralized bidding on the Shanghai Stock Exchange.

During the implementation period from April 14 to September 30, 2025, Xianhe Holding Group cumulatively increased its stake by 13,589,408 shares, representing 1.92% of the total share capital. The total amount spent on this increase was CNY 300,010,600, exceeding the lower bound of the planned acquisition.

Following this transaction, Xianhe Holding Group and its concert parties collectively hold 566,129,108 shares, amounting to 79.99% of Xianhe's total share capital. This transaction falls under the exemption from a tender offer requirement.