Meili Technology: All the company shares held in the third employee stock ownership plan have been fully sold.

Meili Technology announces that all the company’s shares held under the third employee stock ownership plan have been fully sold. According to the “Draft of the Company’s Third Employee Stock Ownership Plan,” the lock-up period for the shares held under the third employee stock ownership plan is 12 months, starting from the date of the company’s announcement of the last transfer of the targeted shares into the employee stock ownership plan, that is, from April 10, 2025, to April 9, 2026.