Cross-border communication: Shareholder Yang Jianxin and its concerted action person shares have been completed the forced execution plan.

Cross-border Tong Bao announced that due to a dispute over a securities repurchase contract, shareholder Yang Jianxin and its acting in concert person Xinyu Ruijing had some of their company shares forcibly liquidated. From October 23 to November 4, 2025, Yang Jianxin reduced its holdings by 15,462,886 shares through competitive bidding, with an average price of 4.88 yuan per share; Xinyu Ruijing reduced its holdings by 14,498 shares, with an average price of 4.87 yuan per share, totaling 15,477,384 shares being reduced, accounting for 1% of the total share capital after excluding the repurchase account. After the reduction, Yang Jianxin and its acting in concert person's total holdings decreased to 4.93%, and Yang Jianxin is no longer a shareholder holding more than 5%. This reduction is not in violation of regulations, has no direct impact on the company's operations, and will not lead to a change in the largest shareholder.