Red Tower Securities: Completed share repurchase, repurchased a total of 23.554 million shares at a cost of 200 million yuan.

Red Tower Securities Announcement: The company has completed the implementation of share buyback. Previously, the company deliberated and approved a buyback scheme from July to August 2025, intending to use 100 million to 200 million yuan of its own funds to repurchase shares. The upper limit of the repurchase price, adjusted after profit distribution, is 12.55 yuan per share, for the purpose of reducing registered capital. As of June 26, 2026, the company has repurchased a total of 23.554 million shares through centralized bidding, accounting for 0.499% of the total share capital, at a repurchase price range of 7.8 yuan per share to 9.07 yuan per share, using a total fund of 200 million yuan. The above-mentioned repurchased shares will be cancelled on June 30, 2026, corresponding to a reduction in registered capital.