Tongcheng Xincai announced that the 11th meeting of the fourth board of directors of the company deliberated and passed the “Proposal on Matters Related to Determining the Company's H Shares Global Sale and Listing on the Hong Kong Stock Exchange Limited”, agreeing to the relevant arrangements for issuing and listing H shares on the Hong Kong Stock Exchange, including publishing and signing documents such as prospectus, handling issuance procedures, and authorizing relevant persons to handle specific matters; at the same time, the bill to amend the “Articles of Association” applicable after the issuance and listing of H shares will be revised in accordance with the requirements and suggestions of the regulatory authorities. Both bills were voted in favor of 10 votes, 0 against, and 0 abstentions.

Tongcheng Xincai announced that the 11th meeting of the fourth board of directors of the company deliberated and passed the “Proposal on Matters Related to Determining the Company's H Shares Global Sale and Listing on the Hong Kong Stock Exchange Limited”, agreeing to the relevant arrangements for issuing and listing H shares on the Hong Kong Stock Exchange, including publishing and signing documents such as prospectus, handling issuance procedures, and authorizing relevant persons to handle specific matters; at the same time, the bill to amend the “Articles of Association” applicable after the issuance and listing of H shares will be revised in accordance with the requirements and suggestions of the regulatory authorities. Both bills were voted in favor of 10 votes, 0 against, and 0 abstentions.