Statement
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The Company and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, and confirm that there are no false records, misleading statements, or material omissions, and they shall bear individual and joint legal responsibility for its truthfulness, accuracy, and completeness.
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This plan is prepared in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Administrative Measures for the Registration of Securities Issuances by Listed Companies," and other relevant laws, regulations, and normative documents.
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After the completion of this private placement of shares by simplified procedure to specific objects, changes in the Company's operations and earnings shall be the responsibility of the Company; investment risks arising from this private placement of shares by simplified procedure to specific objects shall be the responsibility of the investors.
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This plan is a statement by the Company's Board of Directors regarding this private placement of shares by simplified procedure to specific objects. Any contrary statement shall be a false statement.
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Investors with any questions should consult with qualified stockbrokers, lawyers, professional accountants, or other professional advisors.
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The matters described in this plan do not represent the substantive judgment, confirmation, approval, or registration of the matters related to this private placement of shares by simplified procedure to specific objects by the review and registration departments. The effectiveness and completion of the matters related to this private placement of shares by simplified procedure to specific objects described in this plan are subject to approval or authorization by the relevant approval authorities.
Major Event Notice
The terms or abbreviations used in this section have the same meaning as those defined in the "Definitions" section of this plan.
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The matters related to this private placement of shares by simplified procedure to specific objects have been authorized by the Company's 2025 Annual General Meeting of Shareholders to the Board of Directors, and have been considered and approved at the Eleventh Extraordinary Meeting of the Fourth Board of Directors and the Thirteenth Extraordinary Meeting of the Fourth Board of Directors. The plan is subject to review and approval by the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission.
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The issuance targets for this offering are Guo Weimiao, Xizang Ruihua Commercial Management Co., Ltd., Chen Qiongge, Huaan Securities Asset Management Co., Ltd., and Nord Fund Management Co., Ltd. All issuance targets will subscribe for shares in this private placement by simplified procedure to specific objects using RMB cash at the same price.
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Based on the investors' subscription quotations and in strict accordance with the procedures and rules for determining the issuance price, issuance targets, and allocated share quantities in the subscription invitation letter, the issuance price for this offering is determined to be RMB 35.18 per share.
The pricing base date for this offering is the first day of the offering period (i.e., August 12, 2026). The issuance price shall not be less than 80% of the average daily trading price of the Company's shares in the twenty trading days prior to the pricing base date (Average daily trading price of the Company's shares in the 20 trading days prior to the pricing base date = Total trading volume in the 20 trading days prior to the pricing base date / Total trading volume in the 20 trading days prior to the pricing base date). If the Company implements ex-rights and ex-dividend events such as cash dividends, stock dividends, or capital reserve transfers during the period from the pricing base date to the issuance date, the issuance price will be adjusted accordingly in accordance with the relevant regulations of the Shenzhen Stock Exchange.