Section I

Issues of shares

(Notes 6 and 7)

Issue price per share 

(Notes 1 and 7)

Opening balance as at (Note 2) 29 February 2024

1).   Repurchase of shares (or other securities) and cancelled

Repurchase of US$429,331,000 aggregate principal amount of the April 2026 Notes

Date of changes 01 April 2024

Closing balance as at (Note 8) 01 April 2024

The April 2026 Notes may be converted, at an initial conversion rate of 40.4040 American depositary shares of the Company (each represents one Class Z ordinary share of the Company, the “ADSs”) per US$1,000 principal amount (which represents an initial conversion price of US$24.75 per ADS) at each holder’s option at any time prior to the close of business on the second business day immediately preceding the maturity date of April 1, 2026. As of February 29, 2024, the aggregate principal amount of the outstanding April 2026 Notes was US$429,343,000. The above opening balance represents the number of ADSs that may be converted from the outstanding April 2026 Notes as of February 29, 2024 based on the initial conversion rate.

On April 1, 2024 (U.S. Eastern Time), the Company repurchased US$429,331,000 principal amount of the April 2026 Notes (which were convertible into 17,346,697 ADSs before the repurchase based on the initial conversion rate) surrendered by the noteholders pursuant to the terms of the April 2026 Notes at the aggregate cash purchase price of US$429,331,000, while there were no actual ADSs repurchased. Please refer to the Company’s overseas regulatory announcements dated February 20, 2024 and April 1, 2024 in respect of the repurchase for the April 2026 Notes for details.

Where shares have been issued at more than one issue price per share, a weighted average issue price per share should be given.

Please insert the closing balance date of the last Next Day Disclosure Return published pursuant to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule 13.25B / GEM Rule 17.27B, whichever is the later.

Please set out all changes in issued share capital requiring disclosure pursuant to Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of issue. Each category will need to be disclosed individually with sufficient information to enable the user to identify the relevant category in the listed issuer’s Monthly Return. For example, multiple issues of shares as a result of multiple exercises of share options under the same share option scheme or of multiple conversions under the same convertible note must be aggregated and disclosed as one category. However, if the issues resulted from exercises of share options under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed as 2 separate categories.

The percentage change in the number of issued shares of listed issuer is to be calculated by reference to the listed issuer’s total number of shares in issue (excluding for such purpose any shares repurchased or redeemed but not yet cancelled) as it was immediately before the earliest relevant event which has not been disclosed in a Monthly Return or Next Day Disclosure Return.

Where trading in the shares of the listed issuer has been suspended, “closing market price per share of the immediately preceding business day” should be construed as “closing market price per share of the business day on which the shares were last traded”.

In the context of a repurchase of shares:

“issues of shares” should be construed as “repurchases of shares”; and

“issued shares as a % of existing number of shares before relevant share issue” should be construed as “repurchased shares as a % of existing number of shares before relevant share repurchase”.

In the context of a redemption of shares:

“issues of shares” should be construed as “redemptions of shares”;

“issued shares as a % of existing number of shares before relevant share issue” should be construed as “redeemed shares as a % of existing number of shares before relevant share redemption”; and

“issue price per share” should be construed as “redemption price per share”.

The closing balance date is the date of the last relevant event being disclosed.

Items (i) to (viii) are suggested forms of confirmation which may be amended to meet individual cases.

“Identical” means in this context:

the securities are of the same nominal value with the same amount called up or paid up;

they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to exactly the same sum (gross and net); and

they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects.

SEHK refers to Stock Exchange of Hong Kong.

Submitted by:

Xin Fan

(Name)

Title:

Joint Company Secretary

(Director, Secretary or other Duly Authorised Officer)