The holder of the depositary receipts of Company No. 9 (689009.SH), People Better, has reduced their holdings of depositary receipts to 40.8923 million shares.

Announcement of Company No. 9 (689009.SH): The company recently received a notice letter from People Better, a depositary receipt holder, informing that after a change in ownership, the number of depositary receipts held by People Better has decreased from 47.7604 million to 40.8923 million, reducing their proportion of the total depositary receipts of the company from 6.71% to 5.71%. The cumulative reduction in the proportion of depositary receipts held by People Better exceeds 1%.