Za online and Ping An Property Insurance signed a joint automobile insurance cooperation agreement on November 8, 2024, which will take effect on January 1, 2025, for a period of one year. This trade is considered a continuing connected transaction under Chapter 14A of the listing rules, as Ping An Property Insurance is a subsidiary of Ping An Insurance, a major shareholder of Za online. Za online will convene an extraordinary general meeting of shareholders and establish an independent board committee, with Lazard Corporate Finance Limited serving as independent financial advisor to provide opinions to independent shareholders. The agreement is expected to bring an annual maximum premium of 2,550,000,000 yuan and will drive business growth based on the sales growth of new energy automobiles in the Chinese market and government policy support. Za online believes that the cooperation with Ping An Property Insurance will achieve mutual benefits, leveraging both parties' brands and expertise for business expansion.

Za online and Ping An Property Insurance signed a joint automobile insurance cooperation agreement on November 8, 2024, which will take effect on January 1, 2025, for a period of one year. This trade is considered a continuing connected transaction under Chapter 14A of the listing rules, as Ping An Property Insurance is a subsidiary of Ping An Insurance, a major shareholder of Za online. Za online will convene an extraordinary general meeting of shareholders and establish an independent board committee, with Lazard Corporate Finance Limited serving as independent financial advisor to provide opinions to independent shareholders. The agreement is expected to bring an annual maximum premium of 2,550,000,000 yuan and will drive business growth based on the sales growth of new energy automobiles in the Chinese market and government policy support. Za online believes that the cooperation with Ping An Property Insurance will achieve mutual benefits, leveraging both parties' brands and expertise for business expansion.