According to the Quzhou Development Notice, on January 4, 2026, after receiving notice from Huang Wei, a shareholder holding 5% or more of its shares, some of its shares were flagged and pending freezing. Huang Wei directly held 1,449 million shares, accounting for 17.04% of the total share capital; in total, he and his co-actors held 2,384 million shares, accounting for 28.02%. The current judicial mark and shares awaiting freezing are 119 million shares and 399 million shares, respectively, accounting for 8.23% and 27.53% of their shares, and 1.40% and 4.69% of the total share capital. As of the disclosure date of the announcement, Huang Wei and his co-actors had frozen and judicially marked 902 million shares, accounting for 37.85% of his shares and 10.61% of the total share capital. This situation will not cause changes in the company's actual control and will not affect daily operations.

According to the Quzhou Development Notice, on January 4, 2026, after receiving notice from Huang Wei, a shareholder holding 5% or more of its shares, some of its shares were flagged and pending freezing. Huang Wei directly held 1,449 million shares, accounting for 17.04% of the total share capital; in total, he and his co-actors held 2,384 million shares, accounting for 28.02%. The current judicial mark and shares awaiting freezing are 119 million shares and 399 million shares, respectively, accounting for 8.23% and 27.53% of their shares, and 1.40% and 4.69% of the total share capital. As of the disclosure date of the announcement, Huang Wei and his co-actors had frozen and judicially marked 902 million shares, accounting for 37.85% of his shares and 10.61% of the total share capital. This situation will not cause changes in the company's actual control and will not affect daily operations.