Item 4 — Purpose of Transaction
The Reporting Person is filing this Amendment No. 5 to Schedule 13D ("Amendment No. 5") to report that, as a result of issuances of Ordinary Shares by the Issuer since the filing of Amendment No. 4 to Schedule 13D on November 28, 2025, his beneficial ownership percentage has decreased to approximately 5.7% of the outstanding Ordinary Shares. The Reporting Person has not acquired or disposed of any Ordinary Shares since the filing of Amendment No. 4. The Reporting Person holds the Ordinary Shares reported herein for investment purposes only, and in the ordinary course, and not with the purpose or effect of changing or influencing control of the Issuer, and is therefore eligible to begin reporting his beneficial ownership on Schedule 13G under Rule 13d-1(c) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Reporting Person may, from time to time, based on various factors, acquire additional Ordinary Shares of the Issuer or sell Ordinary Shares, on the open market or in privately negotiated transactions. Except as described above, as of the filing of this Amendment No. 5, the Reporting Person does not have any definitive plans or proposals which relate to or would result in any of the following: (a) the acquisition by the Reporting Person of additional Ordinary Shares, or the disposition of Ordinary Shares that he holds; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) a change in the present board of directors or management of the Issuer, including any plan or proposal to change the number or term of directors or to fill any existing vacancies on the board; (e) a material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer's business or corporate structure; (g) changes in the Issuer's memorandum of association or articles of association or other actions which may impede the acquisition of control of the Issuer by any person; (h) causing the ADSs to be delisted from the Nasdaq Capital Market or any other national securities exchange on which they may be listed in the future, or to cease to be authorized to be quoted in any inter-dealer quotation system of a registered national securities association in which they may be quoted in the future; (i) causing the ADSs to become eligible for termination of registration pursuant to Section 12(g)(4) of the Exchange Act; or (j) any action similar to any of those enumerated above.