Rayd Intelligence: The cumulative repurchase accounts for 1.10% of the total current share capital of the company.

Reed Smart Announcement: As of December 16, 2025, the company has cumulatively repurchased 1.1215 million shares of the company through a special securities account for share repurchases by centralized competitive bidding trading, accounting for 1.10% of the company's current total share capital. The highest transaction price is RMB 31.05 per share, and the lowest transaction price is RMB 24.47 per share, with a total transaction amount of RMB 30.1491 million.