Haibo: Plans to reduce holdings of no more than 1.975 million shares for repurchase, with no reduction as of the end of October

Haibo announced that on September 19, 2025, the company agreed to reduce its holdings of shares repurchased from March 5 to May 16, 2024, through centralized bidding trading. It plans to reduce no more than 1.975 million shares, accounting for 0.99% of the total share capital and 1.00% of the total share capital after deducting the shares in the repurchase special account. The reduction period is from October 21, 2025, to January 20, 2026. As of October 31, 2025, the company has not yet reduced its holdings, and the remaining repurchased shares available for sale amount to 2.5222 million shares. There are uncertain risks associated with the implementation of this reduction plan