Chixin Wealth Management's 35 wealth management products were subscribed by Zhixing Automobile Technology from January 9 to August 1, 2024, with a total principal of RMB 584.49 million. This action is an investment using idle cash according to the company's financial policy, aiming to improve the efficiency of idle funds and overall investment returns. According to the Hong Kong listing rules, as the highest applicable percentage from the aggregate calculations during the relevant period exceeds 5%, this subscription constitutes a disclosable transaction. The company has made declarations and announcements in accordance with the listing rules, and has implemented internal control measures to enhance compliance. The board of directors believes that this is in line with the overall interests of the company and shareholders, and the transaction terms are fair and reasonable.

Chixin Wealth Management's 35 wealth management products were subscribed by Zhixing Automobile Technology from January 9 to August 1, 2024, with a total principal of RMB 584.49 million. This action is an investment using idle cash according to the company's financial policy, aiming to improve the efficiency of idle funds and overall investment returns. According to the Hong Kong listing rules, as the highest applicable percentage from the aggregate calculations during the relevant period exceeds 5%, this subscription constitutes a disclosable transaction. The company has made declarations and announcements in accordance with the listing rules, and has implemented internal control measures to enhance compliance. The board of directors believes that this is in line with the overall interests of the company and shareholders, and the transaction terms are fair and reasonable.