On 11 January 2024, a wholly-owned subsidiary of Prosper Construction Holdings Limited, as borrower (the Borrower), entered into a facility letter with a bank, as lender (the Lender), pursuant to which the Lender has agreed to grant a facility to the Borrower in the amount up to RMB 194,000,000 (the Facility). The maturity date of the Facility shall not exceed 12 months from the date of the Facility.