

Group 1 - The company has approved a share repurchase plan to buy back 40 million to 80 million A-shares at a price not exceeding RMB 3.81 per share [2] - The company has received a loan commitment letter from Bank of China Shanghai Branch, agreeing to provide a special loan for the share repurchase, with a maximum amount of RMB 274.32 million and a term of up to three years [3] - The loan commitment does not guarantee the actual amount or number of shares to be repurchased, which will depend on market conditions and shareholder approval [4] Group 2 - The company will hold a half-year performance briefing on September 25, 2025, to discuss its operating results and financial status for the first half of 2025 [6][8] - Investors can participate in the briefing via the Shanghai Stock Exchange Roadshow Center and submit questions in advance [9] - The briefing will be attended by key executives, including the Chairman and General Manager, to address investor concerns [8]