JOINTAS announced that the company intends to launch the fifth phase of the employee stock ownership plan to further improve the long-term incentive mechanism, enhance corporate governance, and attract and retain outstanding management talent and core staff. The preliminary estimate is that the total number of shares involved in this employee stock ownership plan will not exceed the number of shares in the company's repurchase special securities account, which is no more than 1.59% of the company's total share capital. The participants in this employee stock ownership plan will include the company's directors, supervisors, senior management personnel, and core staff and key position employees who have made outstanding contributions to the company's development, as well as other employees. The board of directors will review and disclose the draft of this employee stock ownership plan within no more than 3 months from the date of this announcement. This employee stock ownership plan is still in the planning stage, and its implementation is uncertain