XIANGLOU NEW MATERIAL: Plans to issue shares to specific targets

XIANGLOU NEW MATERIAL announced that the company will hold the 27th meeting of the third board of directors and the 24th meeting of the third supervisory board on August 12, 2025, to review and approve the relevant proposals for the company's issuance of stocks to specific targets. The "2025 Annual Plan for Issuing Stocks to Specific Targets by Suzhou XIANGLOU NEW MATERIAL Co., Ltd." and related announcements have been disclosed on the information disclosure website of the Shenzhen Stock Exchange designated by the China Securities Regulatory Commission. The specific plan and proposal for this stock issuance need to be approved by the shareholders' meeting and obtain the approval or authorization from the relevant regulatory authorities