Hengmingda: As of September 30, cumulative share repurchases accounted for 2.45%.

Hengmingda announced that the company's share repurchase plan was approved by the board of directors on October 15, 2025. It plans to use RMB 200 million to RMB 400 million to repurchase shares for an employee stock ownership plan or equity incentive. The original upper limit of the repurchase price was RMB 67.12 per share, which was adjusted to RMB 107.74 per share on May 15, 2026. The repurchase period is within 12 months from the date of approval by the board of directors. As of September 30, 2026, the company had cumulatively repurchased 6.2666 million shares, accounting for 2.45% of the total share capital, with a highest transaction price of RMB 53.50 per share and a lowest transaction price of RMB 42.22 per share, and a total transaction amount of RMB 299.8 million.