On July 19, 2024, CIFI YONGSHENG SERVICE (the "Company") announced that it had conducted a series of share repurchases on the Hong Kong Stock Exchange from November 22, 2023 to July 3, 2024, pursuant to the repurchase authorizations for 2023 and 2024, repurchasing a total of 20,666,000 shares. Among them, 16,190,000 shares were repurchased based on the authorization for 2023, accounting for approximately 0.93% of the total issued share capital on that day; 4,476,000 shares were repurchased based on the authorization for 2024, accounting for approximately 0.26% of the total issued share capital on that day. These shares were cancelled on July 19, 2024, resulting in a decrease of the total issued share capital of the Company to 1,728,554,000 shares. The Board of Directors believes that the cancellation of the repurchased shares will help increase the net asset value and/or earnings per share, and is in line with the overall interests of the Company and shareholders.

On July 19, 2024, CIFI YONGSHENG SERVICE (the "Company") announced that it had conducted a series of share repurchases on the Hong Kong Stock Exchange from November 22, 2023 to July 3, 2024, pursuant to the repurchase authorizations for 2023 and 2024, repurchasing a total of 20,666,000 shares. Among them, 16,190,000 shares were repurchased based on the authorization for 2023, accounting for approximately 0.93% of the total issued share capital on that day; 4,476,000 shares were repurchased based on the authorization for 2024, accounting for approximately 0.26% of the total issued share capital on that day. These shares were cancelled on July 19, 2024, resulting in a decrease of the total issued share capital of the Company to 1,728,554,000 shares. The Board of Directors believes that the cancellation of the repurchased shares will help increase the net asset value and/or earnings per share, and is in line with the overall interests of the Company and shareholders.