Qiqu Technology: Implements first share repurchase, spending approximately 1.5422 million yuan.

Qushui Technology announced that the company had previously reviewed and approved a share repurchase plan, proposing to use RMB 5 million to RMB 10 million of its own or self-raised funds to repurchase shares through centralized bidding for equity incentives or employee stock ownership plans, with a repurchase price not exceeding RMB 64 per share, and a repurchase period within 12 months from the date of approval by the board of directors. On October 9, 2026, the company implemented its first repurchase, repurchasing 39,071 shares, accounting for 0.0753% of the total share capital, with a highest transaction price of RMB 40.00 per share and a lowest transaction price of RMB 38.93 per share, and a total amount used of RMB 1.5422 million. The company will continue to advance the repurchase within the repurchase period.