Cross-border trading: Plans to allocate 16.66 million H shares.

Yuejiang announced on November 6th that the company has entered into a placement agreement with the placement agent. According to this agreement, the company has agreed to appoint the placement agent, who in turn has agreed to act as the company's agent, to use their best efforts to encourage subscribers to subscribe for a total of 16,660,000 new H shares at the placement price in accordance with the terms and conditions set forth in the placement agreement. The placement shares represent approximately 3.94% of the company's issued share capital as of the date of this announcement, and approximately 3.79% of the company's issued share capital after the issuance and placement of the placement shares.