According to Zhitong Finance App, Kuaishou-W (01024) issued an announcement to issue a total of 24,500 shares to exercise options on July 20-27, 2026 under the pre-initial public offering employee share ownership plan (adopted on 06/02/2018); cancel 147.34,200 repurchased shares on July 27, 2026; and convert 2.2573 million Class A common shares to Class B common shares.

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