Lishang Guochao: The share repurchase reduction period has expired and no shares have been reduced.

Lishang Guochao announced that the company repurchased 7.2785 million shares from February to April 2024, accounting for 0.96% of the total share capital, with a buyback fund of 31.0732 million yuan. On January 17, 2026, it disclosed a reduction plan, intending to reduce holdings by no more than 7.2785 million shares from February 9 to August 8, accounting for 0.96% of the total share capital. As of the announcement date, the company had not reduced any shares, and the reduction plan period has expired without reducing the repurchased shares. Management did not implement the reduction during the planned period due to funding and market factors.