[Xiaosong Shares: The shareholders meeting reviewed and approved the removal of director Xu Chi] On October 7, Xiaosong Shares (002723.SZ) announced that the company held its fourth extraordinary shareholders' meeting on September 30, 2026, and reviewed and approved the motion to remove Xu Chi as a non-independent director of the seventh board of directors. From the date of the resolution, Xu Chi will no longer serve as a director of the company and the relevant positions of the remuneration committee under the board of directors. This removal will not cause the number of board members to fall below the quorum, and will not have a significant adverse impact on the company's normal production and operations. The company will complete the by-election of directors as soon as possible in accordance with legal procedures.