Sparkling: First repurchase of 600,000 shares with a total transaction amount of 4.8264 million yuan.

On July 22, 2026, Shining announced that the company had conducted its first stock repurchase using a centralized bidding method, repurchasing 600,000 shares, accounting for 0.11% of the total share capital. The highest transaction price was 8.14 yuan per share, the lowest price was 7.99 yuan per share, and the total transaction amount was 4.8264 million yuan. Previously, the Board of Directors had approved the repurchase of shares worth 50-100 million yuan for stock incentive or employee stock ownership plans, with a repurchase period of 12 months. The company will continue to implement the repurchase plan and disclose information in a timely manner.