300593.CS
Xinleineng Says No Financial Assistance Provided in Private Share Placement
Xinleineng announced that on August 14, 2026, the company held the twentieth meeting of its sixth board of directors, where it reviewed and approved proposals related to a private share placement. The shares will be issued to specific investors, who will subscribe in cash, and the proceeds will be used for the development of the company's main business. The specific scale and use of funds comply with relevant regulations. The company pledged that it has not provided any financial assistance, compensation, or guaranteed minimum returns to investors participating in the subscription, nor has it made any such arrangements through related parties. The issuance will not result in a change of control of the company, and the company will take measures such as improving operational and management efficiency to mitigate the dilution of immediate returns.