Sanbai Shuo: Shareholder J.LU's agreement transfer of 5.66% of the company's shares has been completed.

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Sanbai Shuo Announcement: The shareholder holding more than 5% of the shares, J.LU INVESTMENTS LLC, has completed the transfer of some of its shares to Qihou Assets through an agreement transfer. The number of shares transferred is 13.8 million, accounting for 5.66% of the company’s total share capital, and 5.69% of the total share capital excluding shares in the repurchase account. The transfer price is 13.95 yuan per share, with a total transfer amount of 193 million yuan. The registration date is February 6, 2026. Before and after the transfer, J.LU’s shareholding ratio decreased from 19.52% to 13.86%, and Qihou Assets’ shareholding ratio increased from 0 to 5.66%.

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