Three Xiang Impressions: Termination of Issuing Stocks to Specific Entities by 2023

On July 24th, Sanxiang Impression Co., Ltd. announced that due to a change in control and the termination of related transactions, the company held the 24th meeting of the Eighth Board of Directors and the 19th meeting of the Eighth Supervisory Board on July 23rd, and approved the proposal to terminate the issuance of shares to specific entities in 2023. The issuance plan was planned for November 2023 and had not yet been submitted for shareholder approval. The independent directors of the company reviewed and approved the termination at a special meeting on July 18th. This termination does not require shareholder approval, and the procedures are in compliance with laws, regulations, and the company's articles of association.