Explanation and Verification Opinion on the Public Disclosure of the List of Incentive Objects for the 2026 Stock Option Incentive Plan by the Compensation and Assessment Committee of the Board of Directors

Explanation of Public Disclosure and Verification Method

1. Public Disclosure of the Proposed Incentive Object List
   The company disclosed the draft of the "2026 Stock Option Incentive Plan" and its summary on February 5, 2026, on the Giant Tide Information Network (www.cninfo.com.cn). The list of incentive objects for this plan was also publicly disclosed internally from February 5 to February 14, 2026, for a minimum of 10 days. By the end of the disclosure period, the Compensation and Assessment Committee of the Board of Directors received no objections regarding the incentive objects.

2. Verification Method by the Compensation and Assessment Committee
   The committee verified the list of incentive objects, including their identification documents, employment contracts with the company or its subsidiaries, and their positions within the company.