Guoyuan Securities: The Board of Directors meeting approved the "Proposal to Adjust the Scale of the Company's Proprietary Business".

Guoyuan Securities Announcement: The Board of Directors of the company at the meeting reviewed and approved the proposal to adjust the scale of the company's proprietary business, agreeing to adjust the scale of the proprietary business. The specific content is that the total amount of equity securities and their derivatives held by the company does not exceed 80% of the company's net capital; the total amount of non-equity securities and their derivatives held by the company does not exceed 400% of the company's net capital. The company authorizes the management team to allocate and adjust the scale of proprietary business and the actual use of funds based on regulatory requirements, market conditions, and business development needs.