2024 Plan for Issuing A-Shares to Specific Targets (Revised Draft)

Company Statement

1. The company's board of directors and all members ensure that the content of this proposal is true, accurate, complete, and acknowledges that there are no false records, misleading statements, or major omissions, and bears legal responsibility for the authenticity of the proposal.

2. This proposal is prepared in accordance with the "Company Law of the People's Republic of China" and relevant regulations such as the "Administrative Measures for the Issuance of Securities by Listed Companies."

3. This proposal for issuing shares to specific targets is formed after the company’s management and board of directors have assessed the changes in the company’s operational risks and investment risks, and the company bears the responsibility for the issuance of shares to specific targets.

4. The board of directors will ensure that this proposal for issuing shares to specific targets is explained, and any related feedback will be communicated.

5. Investors should consult their own investment advisors, lawyers, or other professionals if they have any questions.

6. This proposal indicates that the issuance of shares to specific targets is related to the completion of the necessary procedures for the issuance of shares, and the China Securities Regulatory Commission will issue relevant approvals.

Special Reminder

This section clarifies the terms "specific targets" and "issuance" as used in this proposal.

1. The relevant matters regarding the issuance of shares to specific targets have been approved by the company's 19th board meeting and the 2024 annual general meeting of shareholders. The company will revise the proposal as needed, and the registration with the China Securities Regulatory Commission will be completed after the necessary approvals.

2. This proposal stipulates that the number of shares issued to specific targets shall not exceed 35 specific investors. This issuance is subject to the regulations set by the China Securities Regulatory Commission.

3. The company will ensure that the issuance of shares to specific targets complies with the relevant regulations and guidelines, and will adjust the issuance plan accordingly.

4. The company will issue A-shares based on the market conditions and the approval of the board of directors.

5. The company will ensure that the total amount of A-shares issued does not exceed 20% of the total shares before the issuance date, and the total amount of A-shares issued will not exceed 76,607.85 million yuan.

6. The company will ensure that the issuance of A-shares is conducted in accordance with the relevant regulations and will adjust the issuance plan based on the actual situation.

7. The company will take steps to stabilize the issuance process and will report to the board of directors on the progress of the issuance.

8. The company will ensure that the issuance of A-shares does not lead to significant changes in the control of the company.

9. This proposal will not lead to changes in the company’s control structure.

10. Based on the relevant opinions from the regulatory authorities, the company will ensure that the issuance of shares to specific targets is conducted in compliance with the regulations.

Table of Contents

Chapter One: Overview of the Issuance of Shares

Company Information