On July 10th, Gelunhui reported that Zhejiang Wanma (002276.SZ) held its twenty-sixth meeting of the sixth board of directors and the sixteenth meeting of the sixth supervisory board on July 10, 2024. They passed the proposal on "Terminating the Issuance of Shares to Specific Objects in 2023 and Withdrawing Application Documents", agreeing to terminate the issuance of shares to specific objects in 2023 (hereinafter referred to as "the issuance of shares to specific objects this time") and apply to the Shenzhen Stock Exchange to withdraw relevant application documents.

Since the company announced the issuance of shares to specific objects this time, the board of directors, management, and related intermediaries have been actively promoting relevant work. Now, considering factors such as the current market environment and the company's development plan, and after full communication and careful analysis by all parties, the company has decided to terminate the issuance of shares to specific objects in 2023 and apply to Shenzhen Stock Exchange to withdraw the relevant application documents.