Profit Element: Close 6 Convertible Bond Fundraising Accounts

Li Yuanheng announced that on October 24, 2022, the company issued convertible bonds with a total face value of 950 million yuan, and the actual net fundraising amount was 939 million yuan. The company set up a special account for the raised funds and signed a tripartite supervision agreement with the original sponsoring institution and the opening bank. As the raised funds in six special accounts at the Huizhou Huicheng Branch of the Industrial and Commercial Bank of China have been used up according to regulations, the remaining interest balance has been transferred out, the account balance is zero and will no longer be used, the company has decided to cancel the above-mentioned special accounts. As of the disclosure date of this announcement, the cancellation procedures have been completed, and the related tripartite supervision agreement has been terminated.