Jia Biyou: Completion of the first repurchase of 0.25% of the company's shares.

Announcement of Jiabiyou: On September 9, 2025, the company repurchased 428,100 shares through the Shanghai Stock Exchange trading system in a centralized bidding trading manner for the first time, accounting for 0.25% of the company's current total share capital. The highest transaction price was 28.58 yuan per share, the lowest transaction price was 27.25 yuan per share, and the total transaction amount was 11.9991 million yuan. This share repurchase complies with the requirements of laws and regulations and the company's second phase share repurchase program.