A special item: plans to buy back shares worth 100 million to 200 million yuan to be used for employee stock ownership, etc.

Announcement A: The company's chairman, Li Sun, proposed to repurchase a portion of the issued RMB ordinary shares through centralized bidding. The estimated repurchase amount is 100 million to 200 million yuan, with a maximum repurchase price of 85 yuan per share. The number of repurchased shares is expected to be 1.1765 million to 2.3529 million, accounting for 0.29% to 0.58% of the total share capital. The repurchased shares will be used for employee shareholding plans and/or equity incentives, or converted into convertible bonds of the company. The implementation period of this repurchase scheme is 12 months after approval by the shareholders' meeting. The sources of funds are from own funds and self-raised funds. The Board of Directors of the company proposes to authorize the Board of Directors and management to handle related matters.