XZPT uses 3.19 billion in surplus reserves to offset the cumulative losses of the parent company

On August 28, 2025, the eighth board of directors and supervisory board of XZPT reviewed and approved the proposal to use the statutory reserve to offset losses, which was subsequently approved by the second extraordinary general meeting of shareholders on September 25, 2025. The company will use the parent company's surplus reserve of 22,677,057.39 yuan and capital reserve of 296,381,692.98 yuan, totaling 319,058,750.37 yuan, to offset the parent company's accumulated losses. After implementation, the parent company's surplus reserve will be reduced to 0 yuan, and the capital reserve will be reduced to 1,014,037.50 yuan. This offset does not involve changes to registered capital or paid-in capital and does not affect the rights of creditors. The company has notified creditors to assess debt risks as required and has reminded investors to pay attention to announcements and risks