According to the announcement of DaWisdom, the company and Xiangcai Co., Ltd. received a notice from the Shanghai Stock Exchange to discontinue the review on September 30, 2026 because the financial data in the application documents had expired and needed to be updated and supplementary submitted. The suspension of the review will not have a significant adverse impact on the transaction. The company and relevant intermediaries are proceeding with the update of financial data and application documents. After completion, they will submit the updated materials and apply for the resumption of the review as soon as possible. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the Securities Regulatory Commission. There is uncertainty about whether it will be approved and when registration will be obtained in the end.

According to the announcement of DaWisdom, the company and Xiangcai Co., Ltd. received a notice from the Shanghai Stock Exchange to discontinue the review on September 30, 2026 because the financial data in the application documents had expired and needed to be updated and supplementary submitted. The suspension of the review will not have a significant adverse impact on the transaction. The company and relevant intermediaries are proceeding with the update of financial data and application documents. After completion, they will submit the updated materials and apply for the resumption of the review as soon as possible. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the Securities Regulatory Commission. There is uncertainty about whether it will be approved and when registration will be obtained in the end.