On June 30, 2024, Shangtang Group submitted its latest monthly report on securities changes, which showed an increase in the number of common stock shares in Class B shares. According to the report, Shangtang Group conducted a placement/subscription activity in June, involving 1,673,446,000 new shares of Class B shares, priced at HKD 1.2 per share, and completed on June 27, 2024. After this increase in shares, the total number of issued shares of Class B shares reached 27,622,255,928. In addition, the report also mentioned that the number of B-share options held by SenseTalent Management Limited decreased by 8,861,187 shares this month. Shangtang Group confirms that all securities issuance or inventory share sales or transfers have been formally authorized by the board of directors and comply with all applicable listing rules, laws, and other regulatory requirements. The report was submitted by Director Xu Li on July 4, 2024.

On June 30, 2024, Shangtang Group submitted its latest monthly report on securities changes, which showed an increase in the number of common stock shares in Class B shares. According to the report, Shangtang Group conducted a placement/subscription activity in June, involving 1,673,446,000 new shares of Class B shares, priced at HKD 1.2 per share, and completed on June 27, 2024. After this increase in shares, the total number of issued shares of Class B shares reached 27,622,255,928. In addition, the report also mentioned that the number of B-share options held by SenseTalent Management Limited decreased by 8,861,187 shares this month. Shangtang Group confirms that all securities issuance or inventory share sales or transfers have been formally authorized by the board of directors and comply with all applicable listing rules, laws, and other regulatory requirements. The report was submitted by Director Xu Li on July 4, 2024.