Supplementary 2022/12/16 Announcement

Subject:(Supplementary 2022/12/16 Announcement) Yantai Haixiu, the transfer payment for the disposal of Tsinghua has been paid in accordance with the agreement

Date of events:2023/03/15

Contents:

1.Date of occurrence of the event:2023/03/15

2.Date of the original announcement and reporting:2022/12/16

3.Summary of the content originally announced and reported:

3.1 Yantai Haixiu shall no later than March 15, 2023. pays not be less than RMB 5.38 billion or the highest price at the time of the payment that corresponds to the net value of Shengyue Guangzhou held by Xingwei Fund or other price agreed to by all parties.

3.2 A supplementary announcement shall be issued after calculating the disposal benefits based on the final transaction amount paid by the counterparty.

4.Reason for change and its main content:

4.1 Yantai Haixiu has paid the entire transfer fee of RMB 5.38 billion to the account of Xingwei Fund according to the contract.

4.2 Profit from the disposal:0

5.Effect on the Company's finance and business after the change: None

6.Any other matters that need to be specified: None