I. Implementation of Share Repurchase
(1) Initial Share Repurchase
On April 8, 2025, the company initiated its first share repurchase through a dedicated securities account via centralized bidding, acquiring 8,661,100 shares, which accounts for 0.07% of the current total share capital. The highest transaction price was RMB 8.15 per share, and the lowest was RMB 8.04 per share, with a total transaction amount of RMB 70,088,028 (excluding transaction fees). For further details, please refer to the announcement published on April 9, 2025.
(2) Progress Disclosure
During the repurchase period, the company disclosed the progress of the share repurchase in accordance with regulations, reporting every time the repurchased shares reached an additional 1% of the total share capital within three trading days, and monthly updates on the progress as of the end of the previous month.
(3) Total Shares Repurchased
The actual repurchase period was from April 8, 2025, to September 11, 2025, in compliance with the repurchase plan. As of March 31, 2026, the company had cumulatively repurchased 314,577,416 shares through centralized bidding, accounting for 2.68% of the total share capital, with a highest transaction price of RMB 9.94 per share and a lowest of RMB 8.00 per share, totaling RMB 2,749,792,819.22 (excluding transaction fees). The funds for the repurchase came from the company's own funds, and the repurchase price did not exceed the set limit.
(4) No Discrepancies in Implementation
The total amount, price, number of shares repurchased, and implementation period all align with the repurchase plan approved by the board of directors. There are no discrepancies between the actual execution and the disclosed repurchase plan.