Standard for performance evaluation: One of the controlling shareholders, Gao Lei, plans to reduce holdings of 6.7792 million shares.

date
18/07/2025
Announcement of Standardized Test: Ms. Gao Lei, one of the concerted action persons of the controlling shareholder, plans to reduce her holdings of the company by no more than 6.7792 million shares through centralized bidding and block trading within three months after 15 trading days from the date of the announcement, accounting for 3.00% of the total share capital after excluding the shares in the repurchase special account. Ms. Gao currently holds 28.5788 million shares of the company, accounting for 12.48% of the total share capital. The purpose of this reduction is for personal financial needs, and the reduction price will be determined based on market price and trading method, and shall not be lower than the issue price of the company's initial public offering.