Gaoxin Retail: Unable to contact CEO Li Weiping at the moment.

Gaoxin Retail Announcement: The company is temporarily unable to contact Executive Director and Chief Executive Officer Li Weiping. Ms. Li joined the group on December 1, 2025. Prior to joining the group, Ms. Li worked at Hema from September 2018 to November 2025, holding multiple positions. The board of directors believes that this matter has no significant adverse impact on the group, and the group's business operations are being maintained normally. During this period, the daily business operations and management of the group will be temporarily handled by Mr. Hua Yuneng, chairman of the board.