The Board of Directors of the company has deliberated upon and approved a proposal to implement a full circulation of H-shares, based on the relevant guidelines. This involves the conversion of 92.2181 million unlisted shares, currently held by five shareholders of the company, into H-shares of the company. These shares represent approximately 57.94% of the company's total issued share capital as of the date of this announcement. Following the partial exercise of the over-allotment option as described in the announcement dated December 28, 2025, this portion would account for approximately 57.30% of the company's total issued share capital.