CANNY announced that the proposal on the sale and revitalization of certain real estate was approved at the 14th meeting of the 6th Board of Directors and the 11th meeting of the 6th Supervisory Board held on March 26, 2025. This proposal still needs to be submitted to the company's 2024 annual general meeting of shareholders for review. The total book value of the certain real estate included in the company's asset sale and revitalization plan is RMB 5.4582 million, accounting for 0.15% of the audited net assets attributable to shareholders of the listed company as of December 31, 2024. The pricing policy and basis for this sale will reference market conditions or appraised values, and there is uncertainty regarding the counterparty, making it unclear whether it constitutes a related party transaction