According to the announcement of Pingao Co., Ltd., the company previously disclosed that it intends to sell no more than 18.81 million shares of the repurchased shares through centralized bidding within six months after 15 trading days from the date of disclosure of the sale plan announcement, accounting for 1.66% of the company's total share capital. On November 5, 2026, the company sold 560,000 repurchased shares for the first time through centralized bidding transactions, accounting for about 0.4953% of the company's total share capital. The average sale price was 68.15 yuan/share, and the total capital from the sale was 38.1635 million yuan. The funds from this sale will be used to purchase domestic computing power chips and supplement working capital, and will not have a significant impact on the company's operations, finances, and future development. There is uncertainty about the timing, quantity, and price of subsequent sales.

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