Guangdong Tapai Group: The board of directors approves a 6-month extension of the second phase of the employee share ownership plan.

Guangdong Ta Pai Group held its 18th meeting of the sixth board of directors on July 22, 2025 through communication voting. All 9 directors attended the meeting and approved the proposal "On the Extension of the Second Phase Employee Stock Ownership Plan." As the second phase of the employee stock ownership plan is set to expire on July 27, 2025, as of the date of the announcement, the plan still holds 9.0554 million shares of the company's stock that have not been sold. Based on confidence in the company's future development and market conditions, the board of directors agreed to extend the duration of the plan for an additional 6 months until January 27, 2026. The relevant announcement was disclosed in the designated media and on the Giant Tide Information website on July 23.