Maoye Commercial: Vice President Liu Junli resigned due to personal reasons.

Mao Ye Commercial announcement stated that the board recently received a written resignation report from Liu Junli. Due to personal reasons, she resigned from the position of vice president on November 6, with the original term ending on December 11. Liu Junli will not continue to serve in the listed company and its subsidiary companies, and there are no unfulfilled public commitments. Her resignation report will take effect from the date it is delivered to the board. She has already completed the handover work and her departure will not have a negative impact on the company's daily operations.