PAGODA GP (02411) announced that on December 12, 2025, the company received a notice from its controlling shareholder, Mr. Yu Huiyong. Based on his optimistic outlook for the group's future development and strong confidence in its long-term business growth, Mr. Yu intends to acquire up to 10 million H shares through open market transactions within the next 12 months, either personally or via entities under his control, to increase his total holdings in the company's H shares.