Chow Tai Fook: Partial gold product brand usage fee increased to 24 yuan/gram.

Zhou Dasheng announced that in order to comprehensively promote retail transformation, upgrade products, and empower franchise businesses deeply to enhance brand competitiveness, the company has decided to adjust some product brand usage fees. Starting from April 14, 2026, the brand usage fee for gold products priced by gram in Zhou Dasheng's main brand and classic franchise channels will be unified adjusted from 12 yuan/gram to 24 yuan/gram; the brand usage fee for gold products priced by piece will remain unchanged. The company stated that the impact of this adjustment on future performance is uncertain, and the final results will be reported in the regular reports. Investors are advised to pay attention to investment risks.