On 22 November 2024, Bai Rongyun Corporation completed the repurchase of 887,500 shares on the Hong Kong Stock Exchange with a buyback price of between HK$8.85 and HK$9.09 per share for a total price of HK$7,939,550. The shares repurchased will be written off and unvested shares will be retained. The repurchase is based on the repurchase authorization approved on June 21, 2024. The total number of warrants is 49,102,996 shares and 17,578,500 shares have been repurchased, representing 3.58% of the warrants.The Company confirms that the repurchase complies with the Main Board Listing Rules and other relevant legal requirements and has been approved by the Board of Directors. After the repurchase, the Company may not issue new shares or sell stock shares within 30 days, with a grace period of 22 December 2024.

On 22 November 2024, Bai Rongyun Corporation completed the repurchase of 887,500 shares on the Hong Kong Stock Exchange with a buyback price of between HK$8.85 and HK$9.09 per share for a total price of HK$7,939,550. The shares repurchased will be written off and unvested shares will be retained. The repurchase is based on the repurchase authorization approved on June 21, 2024. The total number of warrants is 49,102,996 shares and 17,578,500 shares have been repurchased, representing 3.58% of the warrants.The Company confirms that the repurchase complies with the Main Board Listing Rules and other relevant legal requirements and has been approved by the Board of Directors. After the repurchase, the Company may not issue new shares or sell stock shares within 30 days, with a grace period of 22 December 2024.