Guangdong Pearl announced that the total share capital was reduced due to the cancellation of 460.91 million shares that had been repurchased by the company, and the number of shares held by the controlling shareholder Shenzhen Jin Xinan and its co-actors, Xingning Jin Shunan and Xingning Zhongyifu, remained unchanged. The total shareholding ratio passively increased from 28.10% to 30.10%. This change in equity is in line with the circumstances relating to exemption from issuing an offer. It does not affect the takeover of the offer, and will not result in a change in the controlling shareholder or actual controller of the company.

Guangdong Pearl announced that the total share capital was reduced due to the cancellation of 460.91 million shares that had been repurchased by the company, and the number of shares held by the controlling shareholder Shenzhen Jin Xinan and its co-actors, Xingning Jin Shunan and Xingning Zhongyifu, remained unchanged. The total shareholding ratio passively increased from 28.10% to 30.10%. This change in equity is in line with the circumstances relating to exemption from issuing an offer. It does not affect the takeover of the offer, and will not result in a change in the controlling shareholder or actual controller of the company.