Guosheng Financial Holdings: will dispose of the 12.67 million shares of Funshop stock it holds at an appropriate time.

Guosheng Financial Holdings announced that the company held a board of directors meeting on September 26, 2025, to review and approve the proposal to timely dispose of the equity in affiliated company Qudian, and authorized the management to sell the shares of Qudian held by the company's wholly-owned subsidiary Guosheng Hong Kong through the trading methods allowed by the New York Stock Exchange, within a period of 12 months. Guosheng Hong Kong holds 12.67 million shares of Qudian, accounting for approximately 7.87% of the total shares. The disposal of the equity in affiliated company is beneficial for improving asset utilization efficiency, focusing resources on core business development, and effectively avoiding potential market investment risks.