Xinghuan Technology: Update Submission of Foreign Listing Foreign Capital Stock Issuance Application

Star Ring Technology announced that the company is applying to issue shares for overseas listing and to list on the main board of the Hong Kong Stock Exchange. The application was submitted on August 18, 2025, updated on March 25, 2026, and updated information was published. The subscription for this issuance is limited to overseas investors and qualified domestic investors. The application materials are not published domestically, but a link to the Hong Kong Stock Exchange website for inquiries is provided. The listing is subject to approval from relevant authorities and institutions, and there is uncertainty. The company will promptly disclose any progress.