XJ ELECTRICS (02619) announced that, in accordance with relevant guidelines and considering expressions of interest received from shareholders, the company's board of directors deliberated and approved a proposal on February 12, 2026. The plan involves converting 205 million domestic non-tradable shares, held by certain shareholders, into H-shares of the company. These shares represent approximately 75.0% of the company's total issued share capital as of the date of this announcement.