According to the announcement of Qinshang Co., Ltd., the company previously planned to reduce its repurchased shares by no more than 16.498.65 million shares through centralized bidding, accounting for 1.15% of the company's total share capital. As of October 30, 2026, the company has reduced its holdings and repurchased shares by a total of 7 million shares through centralized bidding transactions, accounting for 0.49% of the company's total share capital. The total transaction price was 25.247 million yuan, the highest transaction price was 3.67 yuan/share, the lowest price was 3.55 yuan/share, and the average price was 3.61 yuan/share. The current holdings reduction complies with the disclosed holdings reduction plan and related regulations, and there is uncertainty about the implementation of the subsequent holdings reduction plan.

According to the announcement of Qinshang Co., Ltd., the company previously planned to reduce its repurchased shares by no more than 16.498.65 million shares through centralized bidding, accounting for 1.15% of the company's total share capital. As of October 30, 2026, the company has reduced its holdings and repurchased shares by a total of 7 million shares through centralized bidding transactions, accounting for 0.49% of the company's total share capital. The total transaction price was 25.247 million yuan, the highest transaction price was 3.67 yuan/share, the lowest price was 3.55 yuan/share, and the average price was 3.61 yuan/share. The current holdings reduction complies with the disclosed holdings reduction plan and related regulations, and there is uncertainty about the implementation of the subsequent holdings reduction plan.