Renqiao (Hong Kong) Asset Management Co., Ltd. (hereinafter referred to as Renqiao Hong Kong) was established in November 2022 with a registered capital of HKD 3 million and is headquartered in the Hong Kong Special Administrative Region. It is a professional private equity fund management company established in accordance with the law. In June 2023, Renqiao Hong Kong obtained the Type 9 license from the Hong Kong Securities and Futures Commission: providing asset management services (No. BTK884). Since its establishment, Renqiao Asset has been committed to stock long strategies and adhered to contrarian investment principles. With stable and outstanding performance, the company has achieved significant growth. Looking forward, Renqiao Asset will continue to pursue absolute returns as its sole objective, remain steadfast in fulfilling every trust responsibility, exercise prudence and diligence, keep pace with the times, and strive to become China's most trustworthy and respected asset management institution.