WALRUS announced that the board of directors approved a share repurchase plan in March 2025, intending to use its own funds to repurchase shares worth 25 million to 50 million yuan through centralized bidding, for purposes such as equity incentives, with a price not exceeding 22 yuan per share. Due to equity distribution, the upper limit of the repurchase price was adjusted to 21.40 yuan per share. As of January 31, 2026, 48,200 shares have been repurchased, accounting for 0.05% of the total share capital, with a highest transaction price of 20 yuan per share and a lowest of 19.40 yuan per share, totaling a transaction amount of 955,120 yuan, in compliance with the established plan and regulatory requirements. The repurchase will continue to be implemented and information will be disclosed subsequently