The sale of Yatai Group's assets may be suspended or terminated.

On September 30, Yatai Group issued the Progress Announcement of Jilin Yatai (Group) Co., Ltd. on the Planning of Major Asset Sales and Related Transactions. On March 27,

2024, Jilin Yatai (Group) Co., Ltd. (Hereinafter referred to as the "Company") signed the Intention Agreement with Changchun City Development Investment Holding (Group) Co., Ltd. The company intends to sell 20.81% of its shares in Northeast Securities Co., Ltd. (Hereinafter referred to as "Northeast Securities") to Changfa Group and 9% of its shares in Northeast Securities to Changchun Financial Control or its designated subsidiaries. On July 20, 2026 and July 29, 2026, respectively, the

Company disclosed the Indicative Announcement of Jilin Yatai (Group) Co., Ltd. on the Creditor's Application for Reorganization and Pre-reorganization of the Company and its Wholly-owned Subsidiaries and Controlled Subsidiaries (Announcement No.: Lin 2026-063), the Announcement on the Court's Decision on the Company and its Wholly-owned Subsidiaries, Announcement on the Initiation of Pre-reorganisation of Subsidiaries and Designation of Temporary Administrators (Announcement No.: Lin 2026-067). At present, the Company is still in the pre-reorganisation procedure, and the transaction may be suspended or terminated if the Company enters the pre-reorganisation procedure or the subsequent application for reorganisation of the Company by the relevant applicant is accepted.