Hunan Guangxin Technology Co., Ltd. has successfully listed on the Beijing Stock Exchange

The company was successfully listed on the Beijing Stock Exchange on June 26, 2025. Stock abbreviation: Guangxin Technology, stock code: 920037. This is not only a milestone leap in the company's development history, but also a recognition of our long-term deep cultivation in the field of insulation materials and our drive for industrial upgrading through independent innovation technology. At the listing ceremony, we were honored to receive deep care and strong support from leaders and partners at all levels. Mr. Wang Junshou, Vice Governor of Hunan Provincial People's Government, and Ms. Cheng Bei, Deputy Secretary of Shaoyang Municipal Party Committee and Mayor of the Municipal People's Government, visited the scene and delivered enthusiastic speeches, congratulating Guangxin Technology on its successful listing and placing high hopes on the company's future development. At the same time, Mr. Wang Hongliang, Director and General Manager of Dongxing Securities Co., Ltd., and Mr. Deng Liang, General Manager of Shenzhen Venture Capital National Manufacturing Industry Transformation and Upgrading New Materials Fund, also delivered speeches as sponsors and shareholder representatives respectively.

Guangxin Technology expresses its sincerest gratitude to all the leaders and guests for their careful guidance and strong support during the listing process! This valuable trust and assistance will become a powerful driving force for the company to continue moving forward. Since its establishment in 2004, Guangxin Technology has always focused on the research and production of high-performance insulation fiber materials, and has gradually grown into a leading enterprise in the field of insulation materials in China. The company has successfully overcome multiple technical challenges related to ultra-high voltage insulation and is one of the few domestic enterprises with the production capacity of insulation fiber materials with ultra-high voltage levels above 750kV. As early as 2009, the company's research and development of ultra-high voltage insulation fiber materials broke the foreign technological monopoly in this field, and multiple core technologies were recognized as international advanced or internationally advanced levels. As of the end of 2024, the company has obtained 67 patents, including 13 invention patents. It has led or participated in the development of multiple national and industry standards and has been awarded the title of National Specialized and New "Little Giant" Enterprise (Key "Little Giant" Enterprise). The company's technical strength has been recognized by authorities. With the advantages of independent and controllable core technology and stable and reliable product quality, the company has established long-term and stable cooperative relationships with leading transformer enterprises such as China Electric Equipment Group Co., Ltd., TBEA, Shandong Taikai, and Chint Electric, becoming their core suppliers. At the same time, Guangxin Technology's technological advantages are accelerating their transformation into market advantages and efficiency advantages, driving the steady improvement of the company's profitability. After the listing of

on the Beijing Stock Exchange, Guangxin Technology will drive development with innovation, expand the supply scale of insulation fiber materials, and accelerate the development of the domestic high-end insulation material industry through demonstration applications. After 20 years of persistence, Guangxin Technology has gone from Xinshao to the whole country and landed on the capital market stage from an industry "little giant". In the future, the company will leverage the capital market, increase its layout, and continue to deepen its cultivation in the field of insulation materials. With independent and controllable technology as the cornerstone, it will help Chinese manufacturing to "charge" towards the high-end of the industrial chain.