Will Xingtai Financial Holdings Co., Ltd. be listed?

Yes. Xingtai Financial Holdings Co., Ltd. will be listed. It is the only listed company under Xingtai Financial Holdings. In the future, Xingtai Financial will use the company to achieve overall listing, thereby transforming the financial business and building the company into a Hefei financial holding platform. Xingtai Financial Holdings (Group) Co., Ltd. (referred to as "Xingtai Holdings") was established in 2002. It is authorized by the Hefei State-owned Assets Supervision and Administration Commission to operate Hefei's state-owned financial assets. It is the earliest local financial holding group established in the country.