Xiangyuan Tourism: Repurchased 0.20% of the company's shares for the first time, with a total repurchased amount of 15,626,100 yuan.

Shanghai Xiangyuan Tourism Group Announcement: On November 20, 2025, the company repurchased 2.095 million shares of the company for the first time through the Shanghai Stock Exchange trading system by centralized competitive trading, accounting for 0.20% of the total share capital of the company. The lowest price of the repurchased shares was 7.41 yuan/share, the highest price was 7.49 yuan/share, and the average price was 7.46 yuan/share. The total amount of funds paid was RMB 15.6261 million. This repurchase is in compliance with relevant laws and regulations and the company's share repurchase plan requirements.