Shanghai Race announced that the company's share repurchase plan was reviewed and approved by the shareholders' meeting on August 31, 2026. It plans to use no less than 250 million yuan and no more than 500 million yuan to repurchase shares through centralized bidding, all of which will be used to cancel and reduce registered capital. The repurchase price will not exceed 7.18 yuan/share. The repurchase period is 12 months from the date of review and approval by the shareholders' meeting. As of October 28, 2026, the company had repurchased a total of 347.81 million shares, accounting for 0.528% of the company's total share capital. The highest transaction price was 5.18 yuan/share, the lowest transaction price was 4.67 yuan/share, and the total transaction amount was 174 million yuan. The company will continue to implement the repurchase plan according to market conditions.

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