Jiangsu Ruihua Investment Management Co., Ltd., Caitong Fund Management Co., Ltd., UBS Group AG (SWX:UBSG), GF Securities Co., Ltd. (SZSE:000776), First Capital Securities Co., Ltd. (SZSE:002797), Nuode Asset Management Co., Ltd., Shanghai Zhinan Xingyuan Private Fund Management Co., Ltd., J.P. Morgan Securities plc, Nanjing Shengquan Hengyuan Investment Co., Ltd., Qingdao Luxiu Investment Management Co., Ltd., Guotai Junan Financial Holdings Co., Ltd., Dajia Asset Management Co., Ltd., Yuexinyao (Beijing) Private Fund Management Co., Ltd., Ningbo Meishan Bonded Port Lingding Investment Management Co., Ltd., Huaan Securities Asset Management Co., Ltd., Guotai Haitong Securities Co., Ltd. (SHSE:601211), Guangzhou Qianyuan Asset Management Co., Ltd., Beijing Nuanyixin Private Fund Management Co., Ltd., Hunan Chasing Asset Management Co.,Ltd., Shanghai Jinde Private Fund Management Co., Ltd., Beijing Junyuan Asset Management Co., Ltd., Zhijian (Shaoxing Keqiao) Private Equity Fund Management Co., Ltd., Zhejiang Ruijiu Equity Investment Co., Ltd., Xiamen Huahao Private Equity Fund Management Co., Ltd. and Horizon Asset Management Co. Ltd. acquired 3% stake in Sanhe Tongfei Refrigeration Co., Ltd. (SZSE:300990) from Zhang Gudoshan, Li Li and Zhang Haolei for approximately CNY 330 million on October 16, 2025. A cash consideration of CNY 332.69 million valued at CNY 65.33 per share will be paid. Before completion, Zhang Gudoshan held 32.93% stake, Zhang Haolei holds 29.63% stake, and Li li held 6.3% stake in Sanhe Tongfei Refrigeration Co., Ltd.. Jiangsu Ruihua Investment Management Co., Ltd., holds 0.46% stake, Caitong Fund Management Co., Ltd. holds 0.43% stake, UBS Group AG holds 0.31% stake, GF Securities Co., Ltd. holds 0.29% stake, First Capital Securities Co., Ltd. holds 0.2% stake, Nuode Asset Management Co., Ltd. holds 0.19% stake, Shanghai Zhinan Xingyuan Private Fund Management Co., Ltd. holds 0.14% stake, J.P. Morgan Securities plc holds 0.12% stake, Nanjing Shengquan Hengyuan Investment Co., Ltd. holds 0.12% stake, Qingdao Luxiu Investment Management Co., Ltd., holds 0.1% stake, Guotai Junan Financial Holdings Co., Ltd., Dajia Asset Management Co., Ltd., Yuexinyao (Beijing) Private Fund Management Co., Ltd. each hold 0.09% stake, Ningbo Meishan Bonded Port Lingding Investment Management Co., Ltd., Huaan Securities Asset Management Co., Ltd. each hold 0.06% stake, Guotai Haitong Securities Co., Ltd. holds 0.05% stake, Guangzhou Qianyuan Asset Management Co., Ltd., and Beijing Nuanyixin Private Fund Management Co., Ltd. each hold 0.04% stake, Hunan Chasing Asset Management Co.,Ltd. holds 0.03% stake, Shanghai Jinde Private Fund Management Co., Ltd., Beijing Junyuan Asset Management Co., Ltd., Zhijian (Shaoxing Keqiao) Private Equity Fund Management Co., Ltd., Zhejiang Ruijiu Equity Investment Co., Ltd., Xiamen Huahao Private Equity Fund Management Co., Ltd. and Horizon Asset Management Co. Ltd each hold 0.02% stake, Zhang Gudoshan holds 30.86% stake, Zhang Haolei holds 29.1% stake, Li Li holds 5.89% stake in Sanhe Tongfei Refrigeration Co., Ltd. at completion. As part of consideration, CNY 332.69 million is paid towards common equity of Sanhe Tongfei Refrigeration Co., Ltd.

Jiangsu Ruihua Investment Management Co., Ltd., Caitong Fund Management Co., Ltd., UBS Group AG (SWX:UBSG), GF Securities Co., Ltd. (SZSE:000776), First Capital Securities Co., Ltd. (SZSE:002797), Nuode Asset Management Co., Ltd., Shanghai Zhinan Xingyuan Private Fund Management Co., Ltd., J.P. Morgan Securities plc, Nanjing Shengquan Hengyuan Investment Co., Ltd., Qingdao Luxiu Investment Management Co., Ltd., Guotai Junan Financial Holdings Co., Ltd., Dajia Asset Management Co., Ltd., Yuexinyao (Beijing) Private Fund Management Co., Ltd., Ningbo Meishan Bonded Port Lingding Investment Management Co., Ltd., Huaan Securities Asset Management Co., Ltd., Guotai Haitong Securities Co., Ltd. (SHSE:601211), Guangzhou Qianyuan Asset Management Co., Ltd., Beijing Nuanyixin Private Fund Management Co., Ltd., Hunan Chasing Asset Management Co.,Ltd., Shanghai Jinde Private Fund Management Co., Ltd., Beijing Junyuan Asset Management Co., Ltd., Zhijian (Shaoxing Keqiao) Private Equity Fund Management Co., Ltd., Zhejiang Ruijiu Equity Investment Co., Ltd., Xiamen Huahao Private Equity Fund Management Co., Ltd. and Horizon Asset Management Co. Ltd. completed the acquisition of 3% stake in Sanhe Tongfei Refrigeration Co., Ltd. (SZSE:300990) from Zhang Gudoshan, Li Li and Zhang Haolei on October 16, 2025.