Shenzhen U-Best Technology Co., Ltd. ("U-Best") completed the conversion of 187,127,361 domestic shares to H shares on September 20, 2024, and will officially start trading on the Hong Kong Stock Exchange at 9:00 a.m. on September 23, 2024. Following the conversion, there have been changes in U-Best's share capital structure, with domestic shares decreasing from 71.50% to 26.89% of the total share capital, while H shares increasing from 28.50% to 73.11%, keeping the total number of shares unchanged at 419,562,824 shares. Shareholders and potential investors should proceed with caution. Members of the board of directors include executive directors Zhou Jian, Xiong Youjun, Wang Lin, Liu Ming, non-executive directors Xia Zuquan, Zhou Zhifeng, Chen Qiang, and independent non-executive directors Zhao Jie, Xiong Chuxiong, Pan Fuquan, and Liang Weimin.

Shenzhen U-Best Technology Co., Ltd. ("U-Best") completed the conversion of 187,127,361 domestic shares to H shares on September 20, 2024, and will officially start trading on the Hong Kong Stock Exchange at 9:00 a.m. on September 23, 2024. Following the conversion, there have been changes in U-Best's share capital structure, with domestic shares decreasing from 71.50% to 26.89% of the total share capital, while H shares increasing from 28.50% to 73.11%, keeping the total number of shares unchanged at 419,562,824 shares. Shareholders and potential investors should proceed with caution. Members of the board of directors include executive directors Zhou Jian, Xiong Youjun, Wang Lin, Liu Ming, non-executive directors Xia Zuquan, Zhou Zhifeng, Chen Qiang, and independent non-executive directors Zhao Jie, Xiong Chuxiong, Pan Fuquan, and Liang Weimin.