MeiKaiLong: The company will continue to monitor the relevant situation regarding Hangzhou Haoyue's reduction of its shares in the company.

Securities Daily Online News: On March 5th, Meikailong responded to investor questions on the interactive platform, stating that the 60,884,700 A-shares reduced by shareholder Hangzhou Haoyue through centralized bidding are the total shares reduced by them from January 20, 2025, to February 10, 2026, via centralized bidding. The specific details are as follows: The company issued an announcement on July 26, 2025, titled “Announcement on Shareholders and Senior Management’s Share Reduction Plan” (Announcement No.: 2025-059), indicating that Hangzhou Haoyue planned to reduce no more than 43,547,326 shares through centralized bidding. As of November 30, 2025, they had reduced 43,547,300 shares via this method. The company issued another announcement on December 4, 2025, titled “Announcement on Share Reduction Plan by Shareholders Holding Over 5%” (Announcement No.: 2025-088), stating that Hangzhou Haoyue planned to reduce no more than 43,547,326 shares through centralized bidding. On February 11, 2026, the company issued a “Notice on the Change in Shareholder Equity of Shareholders Holding Over 5% that Reached 5%” (Announcement No.: 2026-008), indicating that Hangzhou Haoyue reduced 17,337,400 A-shares from December 25, 2025, to February 10, 2026, through centralized bidding, which did not exceed the upper limit of 43,547,326 shares set in the reduction plan announced on December 4, 2025, complying with relevant laws and regulations. As of now, Hangzhou Haoyue’s reduction plan has not been fully executed. The company will continue to monitor the relevant situation regarding Hangzhou Haoyue’s share reduction, strictly adhere to relevant laws, regulations, and normative documents, and fulfill information disclosure obligations in a timely manner. Investors are advised to be aware of investment risks.

(Edited by Yao Yao)