Xianhe Co., Ltd.: Actual controller Wang Minglong has been filed for investigation for suspected short-term trading

Xianhe Co., Ltd. Announcement: One of the company’s actual controllers, Wang Minglong, was suspected of short-term trading and received a “Notice of Case Filing” issued by the China Securities Regulatory Commission on April 3, 2026. At the same time, because he failed to promptly inform the company about borrowing others’ securities accounts to hold Xianhe Co., Ltd. stock, resulting in the company’s controlling shareholder and persons acting in concert holding a total of 80% of the company’s shares without timely disclosure, Wang Minglong was subject to supervision and management measures requiring correction, and his record was entered into the securities and futures market integrity archive. The Shanghai Stock Exchange also issued a regulatory warning to Wang Minglong. This case filing is related to Wang Minglong personally and is unrelated to the company’s daily operations and business activities, and will not affect the company’s production and operation activities.