Xu Hong, an officer serving as Chief Financial Officer, sold ordinary shares at a weighted average price of $12.15 per share. The total sale amount reported was $2,126,906. Following the transaction, Xu Hong directly owned 280,496 ordinary shares and indirectly owned 657,570 ordinary shares held by trust. The shares sold (175,054 ordinary shares) were withheld and sold in the open market in Hong Kong to satisfy tax withholding obligations related to the vesting of restricted share units, and the reported price is a weighted average converted from Hong Kong dollars to U.S. dollars at HK$7.8464 to US$1.00.

Reporter NameXu HongRelationshipChief Financial OfficerTypeSellAmount$2,126,906SEC Filing
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