Shanghai XNG Holdings Limited (3666) announced the termination of its placing agreement with the placing agent on 27 February 2026. All liabilities and claims related to the agreement have ceased, with no party bearing further obligations.

According to the announcement, the termination is not expected to have a material adverse impact on the group’s business operations and financial position. The company may consider future fundraising opportunities based on its development needs and prevailing market conditions. The board will release further announcements if any such fundraising activities materialize.