Hai Muxing: Obtain a letter of commitment for the special loan for repurchasing shares of financial institutions, with a maximum amount not exceeding 20 million yuan.

Haimuxing announced on September 22nd that the company has recently obtained a "Commitment Letter" issued by the Shenzhen Branch of China Construction Bank Limited, with a loan commitment amount not exceeding RMB 20 million and a loan term of one year, specifically for the repurchase of company shares. In the August announcement, Haimuxing stated that it plans to use its own funds and/or self-raised funds to repurchase company shares through centralized bidding transactions, with a total repurchase amount of not less than RMB 18 million and not exceeding RMB 36 million. The repurchased shares will be used for equity incentives at an appropriate time in the future. The repurchase price this time will not exceed RMB 46.70 per share.