Apex Group: Obtaining a financial institution's letter of commitment for a stock repurchase special loan of no more than 36 million yuan.

Announcement from Peak Group: Recently obtained a "Loan Commitment Letter" from the Jinhua Branch of China Merchants Bank Co., Ltd., with the main content as follows: The loan amount shall not exceed RMB 36 million, the loan interest rate is 1.8%, the loan term shall not exceed 36 months, and the loan purpose is specifically for repurchasing the stocks of Zhejiang Peak Group Co., Ltd. The specific loan terms for this stock repurchase shall be subject to the formal loan contract signed by both parties.