Gelonghui April 19| Xingyuan Material AnnouncementkaunmasterfreespinAs of the close of Shenzhen Stock Exchange on April 17, the company's GDR depositary, Deutsche Bank, was held as the nominal holderkaunmasterfreespinThe number of A shares of the company is less than 50% of the number of basic A shares corresponding to the company's actual issuance of GDR approved by the China Securities Regulatory Commission. The number of the company's GDR may be further reduced due to the GDR redemption. At the same time, the GDR redemption will cause the number of the company's A shares held by Deutsche Bank, the depositary of the company's GDR, to be correspondingly reduced and entered into the domestic market. Circulation transactions. The trading price of overseas GDR is different from the trading price of domestic basic securities A shares. Investors are advised to pay attention to investment risks.