Yunnan Germanium's subsidiary boosts grand-subsidiary's capital

Yunnan Lincang Xinyuan Germanium Industry Co., Ltd. (the "Company") has announced the completion of a capital increase by its controlling subsidiary, Yunnan Xinyao Semiconductor Material Co., Ltd. ("Xinyao Company"), into its grand-subsidiary, Yunnan Zhongke Xinyuan Crystal Material Co., Ltd. ("Zhongke Xinyuan"). The capital injection, approved by the Company's Board of Directors on October 30, 2025, involved Xinyao Company injecting 10,000 yuan of its own funds into Zhongke Xinyuan.

As of November 14, 2025, Zhongke Xinyuan has received the full amount of the capital increase. This transaction has led to the completion of industrial and commercial registration changes, and Zhongke Xinyuan has obtained a renewed business license from the Kunming Market Supervision Administration.

Following the capital increase, Zhongke Xinyuan's registered capital has risen to 32,645.8040 yuan. Xinyao Company maintains 100% equity in Zhongke Xinyuan, ensuring Zhongke Xinyuan remains a controlling grand-subsidiary of the Company. The Company confirms it retains actual control over Zhongke Xinyuan, and its consolidated financial statement scope remains unchanged.