Baipusaisi: Election of Chen Yiding as Chairman, total share capital increased to 168 million shares.

Baipusaisi announced that the third board of directors will hold its first meeting on August 6, 2026, to elect Mr. Chen Yiding as the chairman of the third board of directors; establish four specialized committees: the Strategy Committee, the Nomination Committee, the Compensation and Assessment Committee, and the Audit Committee; appoint Mr. Chen Yiding as the general manager, and Mr. Miao Jingyun, Mr. Lin Tao, Ms. Huang Xu, Ms. Chen Xiamin, Mr. Yuan Jun, and Ms. Li Xiaoli as vice general managers, with Mr. Lin Tao as the board secretary and financial officer, and Mr. Li Pengjun as the representative for securities affairs; due to the implementation of stock incentive equity attribution, the total share capital will increase from 167 million shares to 168 million shares, and the registered capital will increase from 167 million yuan to 168 million yuan; agree to reappoint Rongcheng Accounting Firm as the audit institution for the financial report and internal control for 2026; propose to hold the third extraordinary general meeting of shareholders for 2026 on August 24, 2026.