Xin Hee Co Ltd

Xin Hee Co., Ltd. announced on September 2, 2026, that its wholly-owned subsidiary, Xiamen Xin Hee Tengying Investment Co., Ltd., has decided to exit the fund shares it subscribed to in Xiamen Borui Hengchang Venture Capital Partnership, and has fully recovered its investment of 10 million yuan. Previously, Xin Hee Tengying, as a limited partner, contributed 10 million yuan to subscribe to Borui Hengchang fund shares, accounting for 16.58% of the total subscribed capital. As the special-purpose fund was unable to complete the agreed investment matters, the company decided to exit in order to reduce investment risk and management costs. The company stated that this exit does not require review by the board of directors or shareholders' meeting, does not constitute a related-party transaction or major asset restructuring, and will not have a significant impact on its financial condition or production and operations.

Xin Hee Co., Ltd.'s wholly-owned subsidiary, Xin Hee Tengying, plans to use its own funds to invest RMB 10 million to subscribe for Borui Hengchang's fund expansion shares, accounting for 16.58% of its total subscribed capital. This investment amount represents 0.37% of the company's latest audited net assets, with the funding source being its own funds. The company stated that this investment will leverage the industry experience and resource advantages of professional investment institutions, actively broaden its investment horizons, and enhance its comprehensive competitiveness. In the first quarter of 2026, Xin Hee Co., Ltd. achieved revenue of RMB 372 million and a net profit attributable to the parent company of RMB 18.05 million.