POLL RESULTS OF THE ANNUAL GENERAL MEETINGHELD ON 14 JUNE 2024

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.Xingye Alloy Materials Group Limited (Incorporated in the Cayman Islands with limited liability) (Stock Code: 505) POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 14 JUNE 2024 The Board announces that all resolutions proposed at the AGM held on 14 June 2024 were duly passed by the Shareholders by way of poll.Reference is made to a circular of the Company dated 30 April 2024 (the “Circular”). Capitalised terms used in this announcement shall have the same meanings as those used in the Circular unless otherwise stated.The Board announces that all resolutions proposed at the AGM were duly passed by the Shareholders by way of poll. The Company’s auditor KPMG was appointed as the scrutineer for the purpose of vote-taking at the AGM.As at the date of the AGM the total number of issued Shares of the Company was 899558173.The trustee of the Share Award Scheme holding 23850000 Shares available for grant under the Share Award Scheme had abstained from voting on all the ordinary resolutions proposed at the AGM.The total number of Shares entitling the holders to attend and vote for or against the resolutions at the AGM was 875708173.Save as disclosed above there were no Shares entitling the Shareholders to attend and abstain from voting in favour of the resolutions proposed at the AGM as set out in Rule 13.40 of the Listing Rules and there were no Shares requiring the Shareholders to abstain from voting at the AGM under the Listing Rules. None of the Shareholders have stated their intention in the Circular to vote against or to abstain from voting on any of the resolutions proposed at the AGM.- 1 -The poll results are as follows: Number of Votes ORDINARY RESOLUTIONS (approximate %) For Against 1. To consider receive and adopt the audited consolidated 626757400 0 financial statements and the reports of directors and the (100.00%) (0.00%) auditor of the Company for the year ended 31 December 2023. 2.(a) (i) To re-elect Mr. Chai Chaoming as independent non- 626699831 57569 executive director. (99.99%) (0.01%) (ii) To re-elect Ms. Lu Hong as independent non- 626757400 0 executive director. (100.00%) (0.00%) 2.(b) To authorize the board of directors of the Company to 626757400 0 fix the directors’ remuneration for the ensuing year. (100.00%) (0.00%) 3. To re-appoint KPMG as auditor of the Company for the 626757400 0 ensuing year and to authorize the board of directors of (100.00%) (0.00%) the Company to fix the remuneration of auditor. 4. To grant an unconditional general mandate to the 623299400 3458000 directors to allot issue and deal with additional shares (99.45%) (0.55%) of the Company. 5. To grant an unconditional general mandate to the 626757400 0 directors to repurchase shares of the Company. (100.00%) (0.00%) 6. To extend the general mandate granted under resolution 623299400 3458000 No. 4 by adding the total number of shares of the (99.45%) (0.55%) Company repurchased by the Company pursuant to resolution No. 5 subject to a maximum of 10% of the total issued shares of the Company.Note: Full text of resolutions nos. 4 to 6 are set out in the notice of AGM.As more than 50% of the votes were cast in favour of each of the above resolutions nos. 1 to 6 all the above resolutions nos. 1 to 6 were duly passed as ordinary resolutions at the AGM.- 2 -The Directors attended the AGM in person or by electronic means are: Mr. Hu Changyuan Mr. Hu Minglie Mr. Zhu Wenjun Mr. Chai Chaoming Dr. Lou Dong and Ms. Lu Hong.By Order of the Board Xingye Alloy Materials Group Limited Hu Minglie Chief Executive Officer and Executive Director Hong Kong 14 June 2024 As at the date of this announcement the executive directors of the Company are Mr. Hu Changyuan Mr. Hu Minglie and Mr. Zhu Wenjun and the independent non-executive directors of the Company are Mr. Chai Chaoming Dr. Lou Dong and Ms. Lu Hong.