Bairong Cloud Innovation submitted a new daily disclosure report to the Hong Kong Stock Exchange Limited on November 14, 2024, disclosing its share repurchase situation. According to the report, Bairong Cloud Innovation repurchased 517,000 Class B ordinary shares on November 14, 2024, at a repurchase price ranging from HKD 9.2 to HKD 9.63 per share, with a total payment amount of HKD 4,824,520. This repurchase was conducted based on the repurchase authorization approved at the shareholder meeting on June 21, 2024, which allows the company to repurchase up to 49,102,996 shares. To date, the company has repurchased 15,985,500 shares, accounting for 3.256% of the shares issued on that day. The repurchased shares will be proposed for cancellation, and within 30 days after the repurchase, the company will not issue any new shares or resell or transfer any treasury shares. Bairong Cloud Innovation confirms that all trades comply with the rules of the Hong Kong Stock Exchange and other applicable legal regulations.

Bairong Cloud Innovation submitted a new daily disclosure report to the Hong Kong Stock Exchange Limited on November 14, 2024, disclosing its share repurchase situation. According to the report, Bairong Cloud Innovation repurchased 517,000 Class B ordinary shares on November 14, 2024, at a repurchase price ranging from HKD 9.2 to HKD 9.63 per share, with a total payment amount of HKD 4,824,520. This repurchase was conducted based on the repurchase authorization approved at the shareholder meeting on June 21, 2024, which allows the company to repurchase up to 49,102,996 shares. To date, the company has repurchased 15,985,500 shares, accounting for 3.256% of the shares issued on that day. The repurchased shares will be proposed for cancellation, and within 30 days after the repurchase, the company will not issue any new shares or resell or transfer any treasury shares. Bairong Cloud Innovation confirms that all trades comply with the rules of the Hong Kong Stock Exchange and other applicable legal regulations.