Xiang Electric: Nominates Xue Zhen as a non-independent director candidate and will hold a shareholders' meeting.

Xiangdian Stock announced that due to work adjustments, Zhang Liang has resigned from the positions of director of the Ninth Board of Directors of the company. The board of directors agreed to nominate Xue Zhen as a candidate for the non-independent director of the Ninth Board of Directors of the company, with a term from the approval of the shareholders' meeting to the end of the term of the Ninth Board of Directors. This proposal still needs to be submitted to the shareholders' meeting for approval. In addition, the company plans to hold the first interim shareholders' meeting of 2026 on August 5, 2026.