The controlling shareholder, Hangzhou Zhengyuan, has released 0.1196% of the pledged shares.

Zhengyuan Wisdom Announcement: The controlling shareholder Hangzhou Zhengyuan has released a pledge of 170,000 shares, accounting for 0.4635% of the total shareholding and 0.1196% of the total share capital. The pledge period is from June 25, 2025 to December 25, 2025, with the pledgee being Hangzhou Yuhang Jinkong Small Loan Co., Ltd. After the release, 22.52 million shares are still pledged, accounting for 60.6641% of the shareholding. In the next six months, 10.13 million shares will mature for pledge with a financing balance of 71 million yuan. In the next year, 13.5547 million shares will mature for pledge with a financing balance of 91 million yuan.