Item 4 — Purpose of Transaction
Item 4 is hereby amended and supplemented to add the following: On June 17, 2025, SAIF Partners IV L.P. ("SAIF") filed an amendment to its Schedule 13D, announcing that it has mailed its definitive proxy materials to shareholders of the Issuer, in connection with the special meeting of shareholders of the Issuer to be held on Tuesday, July 8, 2025 at 8 p.m. Atlantic Standard Time (Wednesday, July 9, 2025 at 8:00 a.m. China Standard Time) for the purposes of, among other things, nominating a few persons, including the Reporting Person, to the board of directors of the Company (the "Board"). Before the definitive proxy materials were mailed, SAIF discussed with the Reporting Person the proposal to nominate the Reporting Person to the Board. The Reporting Person and SAIF have not reached any agreement on cooperation or voting. Except as set forth in this statement, the Reporting Person has no present plan or intention which would result in or relate to any of the transactions described in clauses (a) through (j) of Item 4 of Schedule 13D. The Reporting Person anticipates that further communications may occur with SAIF and other shareholders regarding the proxy materials and the special meeting. Depending upon, among other things, the outcome of these communications, the financial condition, results of operations and prospects of the Issuer, conditions in the securities markets, general economic conditions and other factors that the Reporting Person deem relevant, the Reporting Person may take steps and pursue other plans or proposals that relate to or would result in any of the matters set forth in clauses (a) through (j) of Item 4 of Schedule 13D.