Common use of Other Financial Services Clause in Contracts

Other Financial Services. The Company expects that the annual cap of the service fees to be paid by the Company to the Finance Company for the year ending 31 December 2025 in relation to the provision of the Other Financial Services by the Finance Company to the Company under the Financial Services Agreement will not exceed RMB10,000,000, which is determined after taking into account the Company’s expected need for the Other Financial Services based on its operation and development plans. The interest rate to be paid by the Finance Company in respect of the Company’s deposits will be not lower than that offered by large state-owned banks for comparable deposits with the same maturity period in principle. The interest rate to be charged by the Finance Company for the loans from the Finance Company to the Company will be not higher than that charged for comparable loans by other commercial banks in the PRC, and the service fees to be charged by the Finance Company for the provision of the Other Financial Services will be not higher than that charged by other commercial banks in the PRC for comparable services. There are stringent internal control policies with regard to the financial service transactions. The finance department of the Company will continue to monitor and compare the interest rates for deposits and loans, and service fees as quoted from the Finance Company with the terms obtained from other independent third parties to ensure that no less favourable terms shall be obtained. In addition, the transactions will be reported to and approved by the head of the finance department of the Company. The internal control policies will also be applied to the transactions with the Finance Company to ensure that: (i) the interest rate payable for the Company’s deposits shall not be less favourable than that offered by large state-owned banks for comparable deposits; (ii) the interest rate to be charged by the Finance Company for the loans from it to the Company shall not be higher than that charged for comparable loans by other commercial banks in the PRC; and (iii) the service fees to be charged by the Finance Company for the provision of the Other Financial Services shall not be higher than that charged by other commercial banks in the PRC for comparable services. The independent non-executive Directors and auditors of the Company will conduct annual review of the transactions contemplated under the Financial Services Agreement. The Company has implemented the following internal control measures to ensure that the annual caps for the transactions contemplated under the Financial Services Agreement will not be exceeded:

Other Financial Services. The Company expects that the annual cap of the service fees to be paid by the Company to the Finance Company for the year ending 31 December 2025 2024 in relation to the provision of the Other Financial Services by the Finance Company to the Company under the Financial Services Agreement will not exceed RMB10,000,000, which is determined after taking into account the Company’s operation and development plans of the Company and its expected need for the Other Financial Services based on its operation and development plansServices. The interest rate to be paid by the Finance Company in respect of the Company’s deposits will be not lower than that offered the interest rates to be paid by large state-owned the PBOC and other commercial banks in the PRC for comparable deposits with the same maturity period in principleperiod. The interest rate to be charged by the Finance Company for the loans from the Finance Company to the Company will be not higher than that charged for comparable loans by of other commercial banks in the PRC, and the service fees to be charged by the Finance Company for the provision of the Other Financial Services will be not higher than that charged by other commercial banks in the PRC for comparable services. There are stringent internal control policies with regard to the financial service transactions. The finance department of the Company will continue to monitor and compare the interest deposit rates for deposits and loans, and service fees as quoted from the Finance Company with the terms obtained from other independent third parties to ensure that no less favourable terms shall be obtained. In addition, the transactions will be reported to and approved by the head of the finance department of the Company. The internal control policies will also be applied to the transactions with the Finance Company to ensure that: (i) the interest rate payable for the Company’s deposits shall not be less favourable than that offered the interest rates payable by large state-owned the PBOC and other commercial banks in the PRC for comparable deposits; (ii) the interest rate to be charged by the Finance Company for the loans from it to the Company shall not be higher than that charged for comparable loans by of other commercial banks in the PRC; and (iii) the service fees to be charged by the Finance Company for the provision of the Other Financial Services shall not be higher than that charged by other commercial banks in the PRC for comparable services. The independent non-executive Directors and auditors of the Company will conduct annual review of the transactions contemplated under the Financial Services Agreement. The Company has implemented the following internal control measures to ensure that the annual caps for the transactions contemplated under the Financial Services Agreement will not be exceeded: