Deppon Logistics: Intends to voluntarily withdraw from the A-share market and the stock enters the cash put option exercise declaration stage.

Debang Logistics announced that the company plans to voluntarily withdraw its A-shares from listing on the Shanghai Stock Exchange and apply to enter the delisting sector of the National Equities Exchange and Quotations system for small and medium-sized enterprises. This matter has been approved by the first extraordinary shareholders' meeting in 2026 and still requires a decision from the Shanghai Stock Exchange. Trading of the company's stock will be suspended from January 21, 2026 until delisting. JD Logistics will provide all A-shareholders, except for JD Zhuofeng and its concerted parties, with the option to choose cash. The declaration period is from February 9-12, 9:30-11:30, 13:00-15:00, with the declaration abbreviation and code being "Debang Cash, 770004." Related investors need to complete the stock transfer or early repurchase procedures by February 6. It is still uncertain whether the delisting can be implemented.