Quzhou development: repurchase of 1.4129 million shares for the first time.

Quzhou Development Announcement: The company initiated its first share buyback on March 10, 2026, with a total of 1.4129 million shares repurchased, accounting for 0.0166% of the total share capital. The total amount of repurchases is 5.0017 million yuan, with the actual repurchase price ranging from 3.53 yuan/share to 3.54 yuan/share. The total amount of funds for this repurchase is 5.0017 million yuan, with 1.4129 million shares repurchased at a price between 3.53 yuan/share and 3.54 yuan/share.