ShangMei Shanghai: Adjusts the profit distribution plan for 2025. The cash dividend per share is adjusted to 0.62016 yuan.

Shengmei Shanghai Announcement: Adjusting the profit distribution plan for the year 2025, the cash dividend per share is adjusted from 0.6233 yuan to 0.62016 yuan. Due to the first grant of part of the second vesting period and the reservation of the second batch of shares for the first vesting period of the company's 2023 restricted stock incentive plan have been completed, the number of vested shares is 2.4319 million shares. After the vesting is completed, the total share capital of the company will increase from 480 million shares to 483 million shares. The number of shares currently in the company's repurchase special securities account is 44.34 million shares. According to relevant regulations such as the "Listed Company Share Repurchase Rules," the shares in the listed company's repurchase special securities account are not entitled to profit distribution rights. As of the disclosure date of this announcement, the total share capital of the company is 483 million shares, excluding the number of shares in the company's repurchase special securities account, the actual number of shares participating in the distribution is 482 million shares. The company will adjust the distribution ratio accordingly based on the principle of keeping the total distribution amount unchanged.