New Milestone: Que Wenbin's 1.3% stake in the company will be auctioned off by the courts.

The new milestone announcement states that the Chengdu Chongqing Financial Court will publicly auction off 44.1728 million shares held by Que Wenbin, accounting for 22.73% of the company, on the Taobao judicial auction network platform on July 18-19, 2025. This represents 1.30% of the total share capital of the company. Que Wenbin is not a controlling shareholder or actual controller of the company, and this auction will not lead to a change in the company's controlling shareholder or actual control. It will not have a significant adverse impact on the company's production and operation.