Aoyuan Meigu: Capital reserve fund converted into share capital, part of the shares have been frozen judicially.

Auyuan Meigu announced that, according to the "Reorganization Plan", the company used 762,979,719 shares as the base, and implemented a capital reserve increase of 13.4278 shares for every 10 shares, totaling 1,024,512,974 shares, increasing the total number of shares to 1,787,492,693. Of these, 861,696,863 shares of restricted shares issued after the initial public offering and 111,399,282 shares of unrestricted circulating shares were registered in the special account for the disposal of assets of bankrupt entities. On January 8, 2026, the 861,696,863 shares of restricted shares issued after the initial public offering in the account were judicially frozen by the Intermediate People's Court of Xiangyang City, Hubei Province, with the thawing date set for January 31. These shares will be deducted to the reorganization investors according to the agreement, the freeze will be lifted upon deduction, and there is uncertainty regarding the related timing and results.