Bai Pusai Si: Abnormal fluctuations in stock trading are progressing towards H-share issuance and listing.

Baiposais announced that the closing prices of the company's stock on August 6, 7, and 10, 2026, had a cumulative deviation of over 30% for three consecutive trading days, indicative of abnormal fluctuations. There have been no significant changes in the company's operations or internal and external environment. The company is currently planning an overseas share issuance and listing on the Hong Kong Stock Exchange, and this matter is progressing in an orderly manner. During this period, the controlling shareholder and actual controller have not engaged in any buying or selling of the company's stock, and there are no undisclosed significant matters that should be disclosed. The company has scheduled to disclose its semi-annual report on August 29, 2026.