All things are cloud: it is proposed to use a maximum of 500 million yuan of funds to repurchase shares.

Announcement: The board of directors has started exercising its general authorization to repurchase H shares acquired at the 2025 annual general meeting of shareholders. The plan is to repurchase H shares on the open market, with a maximum funding of 500 million RMB. According to the authorization, up to 116 million H shares can be repurchased, which represents 10% of the total number of H shares issued. The repurchase price will be determined based on market conditions, fluctuations in the H share market price, and other factors. The repurchase period will end at the conclusion of the 2025 annual general meeting of shareholders or on the date when the shareholders' meeting revokes the authorization. Funding will come from the company's own financial resources.