Ping An Securities Co., Ltd.
Regarding
Xinxiang Chemical Fiber Co., Ltd.
Listing Sponsorship Letter for the 2026 Private Placement of A-shares
To Shenzhen Stock Exchange:
As the sponsor of the private placement of shares by Xinxiang Chemical Fiber Co., Ltd. (hereinafter referred to as "Xinxiang Chemical Fiber," "the Issuer," or "the Company"), Ping An Securities Co., Ltd. and its authorized representatives have, in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as "Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as "Securities Law"), the "Administrative Measures for Securities Issuance Registration by Listed Companies" (hereinafter referred to as "Registration Measures"), and other relevant laws and regulations, and the relevant regulations of the China Securities Regulatory Commission (hereinafter referred to as "CSRC") and your esteemed exchange, acted with integrity, honesty, diligence, and conscientiousness. We have strictly adhered to the legally established business rules and industry self-regulatory norms in issuing this listing sponsorship letter, and we guarantee that the information provided is true, accurate, and complete. Unless otherwise specified, the abbreviations used in this listing sponsorship letter are consistent with those in the "Prospectus for the 2026 Private Placement of A-shares by Xinxiang Chemical Fiber Co., Ltd."
The relevant information is hereby reported as follows:
I. Basic Information of the Issuer
(I) Overview of the Issuer
| Chinese Name | Xinxiang Chemical Fiber Co., Ltd. |
|---|---|
| English Name | XINXIANG CHEMICAL FIBER CO., LTD. |
| Registered Capital | 1,656,899,922 RMB |
| Legal Representative | Shao Changjin |
| Date of First Registration | March 1993 |
| Unified Social Credit Code | 914100001700014285 |
| Business Term | Long-term |
| Registered Address | South side of Xinchang Road, Xinxiang Economic and Technological Development Zone |
| Postal Code | 453000 |
|---|---|
| Stock Listing Location | Shenzhen Stock Exchange |
| Stock Abbreviation | Xinxiang Chemical Fiber |
| Stock Code | 000949 |
| Principal Business | Spandex fiber, biomass filament yarn |
| Business Scope | General items: Cellulose fiber raw material and fiber manufacturing; synthetic fiber manufacturing; synthetic fiber sales; bio-based material manufacturing; bio-based material sales; new material technology research and development; spinning; industrial textile product manufacturing; industrial textile product sales; knitwear sales; fabric printing and dyeing; non-residential real estate leasing; machinery and equipment leasing; chemical product sales (excluding licensed chemical products); import and export of goods; import and export of technology; heat production and supply (projects subject to approval according to law are operated independently with business licenses). |
| Phone Number | 86-373-3978861 |
| Fax Number | 86-373-3911359 |
| 000949@bailu.cn |
(II) Principal Business of the Issuer
The Company is primarily engaged in the production and sales of chemical fiber products, with its main products being biomass filament yarn and spandex fiber. According to the "Classification and Code of National Economic Industries" (GB/T4754-2017) issued by the National Bureau of Statistics, the Company's business falls under "Manufacturing (C)," specifically "Chemical Fiber Manufacturing (C28)," including "Bio-based Chemical Fiber Manufacturing (C2831)" and "Spandex Fiber Manufacturing (C2826)."
The Company has been deeply involved in the industry for many years, continuously improving product quality, reducing energy consumption and costs through R&D and innovation, and enhancing its core competitiveness. Its "Bai Lu" brand products have received significant attention in domestic and international markets. The production scale, equipment level, and product quality of its biomass filament yarn products are industry-leading. The business scale and technological level of its spandex products are among the top tier in China's industry. The Company has received numerous honors, including National Textile Technology Innovation Demonstration Enterprise, National High-tech Enterprise, National Green Factory Demonstration Enterprise, Henan Province Manufacturing Leader Enterprise, and China Textile and Apparel Brand Competitiveness Advantage Enterprise.