Aoyuan Meigu: Capital reserve fund conversion to increase share capital, adjusting the opening reference price of stocks.

According to a notice by Aoyuan Meigu Valley, the company applied for bankruptcy reorganization on November 15, 2024, and the court approved the reorganization plan on December 16, 2025. Based on a total share capital of 7.63 billion shares, a capital reserve fund was increased by a ratio of 13.4278 shares for every 10 shares, totaling 10.25 billion shares. After the increase, the total share capital increased to 17.87 billion shares. The total subscription of shares by reorganization investors was 8.62 billion shares. The stock closing price before the ex-rights date of this capital reserve fund increase was 4.18 yuan/share, higher than the average price of 3.05 yuan/share, and the stock opening reference price on the day following the equity registration date was adjusted to 3.53 yuan/share.