Announcement on the Progress of the Shareholding Plan by Certain Directors and Senior Management of the Company

Stock Abbreviation: ST Meizhi

Stock Code: 000667

Announcement Number: 2023-38

Meihao Real Estate Group Co., Ltd. Announcement on the Progress of the Shareholding Plan by Certain Directors and Senior Management of the Company

This plan ensures that all personnel provide true, accurate, and complete information to the company, without false records, misleading statements, or significant omissions. The company and all members of the board guarantee that the announcement content is consistent with the information provided by the information disclosure obligor.

Special Reminder:

1. Certain directors and senior management plan to increase their shareholding through centralized bidding in the secondary market starting from May 10, 2023, within three months, with a total planned investment not exceeding (including) RMB 80 million and not less than (including) RMB 50 million.
2. As of May 16, 2023, the company's stock closing price has been below RMB 1 per share for thirteen consecutive trading days, and there is a risk of delisting due to the stock price falling below par value. Investors are advised to be cautious of investment risks.

On May 16, 2023, Feng Xian, a director, vice president, and secretary of the board, increased his shareholding by 500,000 shares through centralized bidding, with a total investment of RMB 415,000 (excluding transaction fees). The details are as follows:

1. Basic Situation of the Shareholding Plan

On May 9, 2023, the company received a notice from certain directors, senior management, and core business leaders (hereinafter referred to as "the shareholding subjects") regarding the planned increase in shareholding. The shareholding subjects plan to increase their shareholding through centralized bidding in the secondary market starting from May 10, 2023, within three months, with a total planned investment not exceeding (including) RMB 80 million and not less than (including) RMB 50 million. For details, please refer to the relevant announcement disclosed by the company on May 10, 2023, announcement number: 2023-30.