Demingli: The limit on the number of shares issued to specific targets has been adjusted to no more than 68.05M shares.

Demingli Announcement: The company completed the repurchase and cancellation of a total of 40,614 restricted shares from the 2023 and 2024 restricted stock incentive plans by December 2025, resulting in a reduction of the company’s total share capital by 40,614 shares, from 227 million shares to 227 million shares. The upper limit of the issuance quantity for the company’s 2025 targeted issuance to specific objects has accordingly been adjusted. Before the adjustment, the issuance quantity did not exceed 68.0659 million shares; after the adjustment, it does not exceed 68.0537 million shares.

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