Zhejiang Xinxing Tools Co., Ltd.
(No. 699 Yanshan Road, Liuli Town, Haiyan County, Jiaxing City, Zhejiang Province)
[Chart: Company Logo]
Listing Announcement for Initial Public Offering of Shares on the ChiNext Market
Sponsor (Lead Underwriter)
[Chart: Huatai United Securities Logo]
(Room 401, Building B7, Qianhai Shenzhen-Hong Kong Fund Town, No. 128 Guiwan 5th Road, Nanshan Street, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen)
Announcement Date: July 2026
Special Notice
Zhejiang Xinxing Tools Co., Ltd. (hereinafter referred to as "Xinxing Tools", "the Company", "the Issuer") will list its shares on the ChiNext market of the Shenzhen Stock Exchange on July 30, 2026. Companies on the ChiNext market are characterized by unstable performance, high operational risks, and high delisting risks, and investors face significant market risks. Investors should fully understand the investment risks of the ChiNext market and the risk factors disclosed by the Company before making investment decisions. The Company reminds investors to fully understand the risks of the stock market and the risk factors disclosed by the Company, avoid blind speculation on new stocks during the initial listing period, and make prudent decisions and rational investments.
Unless otherwise specified, the abbreviations or terms used in this listing announcement have the same meanings as those in the Company's prospectus for the initial public offering. Any discrepancies between the totals and the sums of the individual figures in this listing announcement are due to rounding.
Section 1 Important Statements and Notices
I. Important Statements and Notices
The Company and all directors and senior management guarantee the truthfulness, accuracy, and completeness of the information disclosed in this listing announcement, promise that there are no false records, misleading statements, or major omissions, and assume legal responsibility accordingly.
The Shenzhen Stock Exchange and other government agencies have not expressed any opinion on the listing of the Company's shares or related matters, nor do they provide any guarantee for the Company.
The Company reminds investors to carefully read the prospectus "Risk Factors" section published on the following websites: Juchao Information (www.cninfo.com.cn), Financial News (www.financialnews.com.cn), Economic Information Daily (www.jjckb.cn), China Daily (www.chinadaily.com.cn), China Securities Journal (www.cs.com.cn), Securities Daily (www.zqrb.cn), China Securities Network (www.cnstock.com), and Securities Times (www.stcn.com). Please pay attention to risks, make prudent decisions, and invest rationally.
The Company reminds investors that for any content not covered in this listing announcement, please refer to the full text of the Company's prospectus.
II. Special Investment Risks for New Stocks on the ChiNext Market
The Company reminds investors to pay attention to the investment risks during the initial period of the initial public offering (hereinafter referred to as "new stocks") and to fully understand the risks and participate in new stock trading rationally. Specifically, risks during the initial listing period include, but are not limited to:
(I) Stock Trading Risks from Relaxed Price Fluctuation Limits
ChiNext stocks are subject to wider price fluctuation limits. For stocks listed on the ChiNext market through an initial public offering, there are no price fluctuation limits for the first 5 trading days after listing, and the limit is 20% thereafter. There is a risk of significant price volatility during the initial listing period.
(II) Stock Trading Risks from Low Circulating Share Volume
After this issuance, the Company's total share capital is 100 million shares, of which 21.44 million shares are unrestricted tradable shares, accounting for 21.44% of the total share capital after issuance. The number of tradable shares is small during the initial listing period, posing a risk of insufficient liquidity.