160 HEALTH (02656) announced that from January 2025 to April 30, 2026, the Group has continued to make positive strides in its "160 AI Hospital" operational partnership model. During the cumulative period, the number of public medical institutions with which the Group has established operational partnerships has reached 120, indicating steady growth in business scale. Details of specific business contract progress and the operational results of partner hospitals are as follows:

1. **Number and Structure of Partner Medical Institutions** During the cumulative period, the Group has established operational partnerships with a total of 120 public medical institutions. Among these, 66 are Grade III, Level A hospitals, accounting for approximately 55.0%, and 97 are Grade III or above hospitals, representing about 80.8% of the total. This structure of partner institutions confirms that the "160 AI Hospital" operational partnership model has gained significant recognition within China's high-end medical system. It has achieved deep penetration and scaled implementation in hospitals rated Grade III or above, continuously enhancing the Group's brand influence and industry competitiveness.

2. **Ecosystem and Business Model** The Group's digital healthcare service ecosystem is developed following a three-stage path: "Connect – Empower – Ecosystem." In the Connect stage, the Group leverages online appointment booking, internet hospitals, and digital healthcare service platforms to achieve large-scale connections between hospitals, doctors, and patients. In the Empower stage, the Group productizes its operational capabilities through the "160 AI Hospital" partnership model, embedding tools such as AI triage, AI pre-consultation, AI patient companionship, AI doctor assistants, and AI follow-up into the entire patient journey—before, during, and after consultations. In the Ecosystem Integration stage, the Group will closely align with government digital governance requirements, hospital operational scenarios, patient service needs, and industry collaboration supply. This approach aims to upgrade hospital online portals from basic booking tools to platforms for patient engagement and health service conversion, extending single-visit relationships into long-term, continuous health service relationships, thereby building a sustainable and profitable business model.

3. **Operational Results Case Study of Partner Medical Institutions** From January to April 2026, the online operational services provided by the Group to its partner medical institutions have yielded significant results, effectively helping hospitals expand service scenarios and improve operational efficiency. A case study of operational effectiveness is as follows: The Group provided online operational services to a leading Grade III, Level A hospital in East China. It charges an operational service commission of 10% on the Gross Merchandise Volume (GMV) generated. During the operational period, the Group successfully assisted this top-tier hospital in achieving a breakthrough in online channels for non-insurance, self-pay items, with a month-over-month GMV compound growth rate as high as 155.7%. Concurrently, leveraging its resource integration strengths, the Group continuously introduced third-party professional service teams to this hospital. For instance, for the implemented specialized Chronic Kidney Disease (CKD) management service, the Group charges a 6.5% commission on the generated GMV. The introduction of third-party professional service resources has effectively enriched the hospital's supply of specialized medical services.

4. **Business Outlook** The operational results from this top-tier hospital demonstrate that a single high-grade hospital possesses substantial annual revenue potential and growth momentum. Considering the scale of 4,111 Grade III hospitals nationwide and the industry trend toward digital transformation, the Group's "160 AI Hospital" operational partnership model holds vast and sustainable commercial potential. This further validates the Group's core value in the digital healthcare services sector. Building on this foundation, the Group will accelerate the replication of this partnership model. On one hand, it will expedite the service launch and implementation for the remaining signed public hospitals to continuously unlock revenue potential. On the other hand, it will actively expand operational partnerships with public hospitals across the country, with a focus on deepening engagement with healthcare institutions represented by Grade III hospitals, steadily broadening the business coverage network. Simultaneously, the Group will further leverage its resource integration advantages to accelerate the introduction of third-party professional service teams (e.g., for chronic disease management, specialized rehabilitation, home care, etc.), thereby enriching the specialized service offerings of partner hospitals. This initiative aims to help partner hospitals enhance service quality and operational efficiency, tangibly improve user healthcare experiences, and drive the ecosystem integration transition from "single visits" to "long-term health services," constructing a more sustainable and profitable business model.