Zhuji Group: Completed the transfer of 100% equity of Gree Real Estate at a transaction price of 5.518 billion yuan.

Pearl Group Announcement: The company has completed the asset delivery of selling 100% equity of Zhuhai Gree Real Estate Co., Ltd. held by Zhuhai Tuo Jie Holding Group Co., Ltd. The target asset delivery date of this transaction is December 22, 2025, and the transaction price is 5.518 billion RMB. As of the date of the report issuance, Tuo Jie Holding has paid the first installment of 1.655 billion RMB. This transaction does not involve issuing shares to purchase assets, and necessary decision-making and approval procedures have been completed, in compliance with relevant laws and regulations.