The initial number of Class A ordinary shares under the Hong Kong Public Offering and the International Offering represent 10% and 90% of the total number of Class A ordinary shares initially available under the Hong Kong IPO, respectively, subject to reallocation, over size adjustment and over-allotment. Subject to the level of oversubscription in the Hong Kong Public Offering and pursuant to the clawback mechanism as described in the Hong Kong prospectus issued by the Company in Hong Kong dated October 28, 2025, the total number of Class A ordinary shares available under the Hong Kong Public Offering could be adjusted to up to a maximum of 6,293,300 Class A ordinary shares, representing approximately 15% of the Class A ordinary shares initially available under the Hong Kong IPO. In addition, the Company is expected to grant to the International Underwriters an offer size adjustment option, to require our Company to issue and allot up to an aggregate of 6,293,300 additional Class A Ordinary Shares, representing in aggregate approximately 15% of the total number of the Offer Shares initially available under the Hong Kong IPO, to cover any excess demand in the International Offering. Furthermore, the Company expects to grant the international underwriters an over-allotment option to require the Company to issue up to an additional 6,293,300 Class A ordinary shares in the International Offering (or up to 7,237,300 Class A ordinary shares if the offer size adjustment option is exercised in full), representing not more than 15% of the total number of Class A ordinary shares available under the Hong Kong IPO.