On June 27, 2024, Shang Tang Group Co., Ltd. completed the distribution of new Class B shares. According to the company's announcements on May 31 and June 27 of the same year, the issued shares have increased by 1,673,446,000 shares, accounting for 5% of the original issued shares. The price per share is HKD 1.2. After the distribution, the total number of issued shares of the company reached 27,622,255,928 shares. The share distribution has been formally authorized and approved by the board of directors, and complies with all applicable listing rules, laws and other regulatory requirements. The company confirms that all funds have been received and all prerequisite conditions for listing qualifications have been met. In addition, there was no change in the quantity of Class A common shares during the period from May 31 to June 27, 2024, and the balance remained at 7,520,115,072 shares.

On June 27, 2024, Shang Tang Group Co., Ltd. completed the distribution of new Class B shares. According to the company's announcements on May 31 and June 27 of the same year, the issued shares have increased by 1,673,446,000 shares, accounting for 5% of the original issued shares. The price per share is HKD 1.2. After the distribution, the total number of issued shares of the company reached 27,622,255,928 shares. The share distribution has been formally authorized and approved by the board of directors, and complies with all applicable listing rules, laws and other regulatory requirements. The company confirms that all funds have been received and all prerequisite conditions for listing qualifications have been met. In addition, there was no change in the quantity of Class A common shares during the period from May 31 to June 27, 2024, and the balance remained at 7,520,115,072 shares.