[Ocean-KY] Announcement Regarding New Fund Loan to Subsidiary, Shanghai Ocean Qian Shu Commercial Management Co., Ltd.

1. Date of Occurrence: May 20, 2026 2. Recipient of funds: (1) Company Name: Shanghai Ocean Qian Shu Commercial Management Co., Ltd. (2) Relationship with the lender: Wholly-owned investment company (3) Loan limit (in thousands): 59,024,600 (4) Original loan balance (in thousands): 324,020 (5) New loan amount (in thousands): 69,433 (6) Authorized by the Board for multiple drawdowns: Yes (7) Current loan balance as of this date (in thousands): 393,453 (8) Reason for new loan: Operational requirements 3. Collateral: (1) Content: None (2) Value (in thousands): 0 4. Recent financial statement of the recipient: (1) Capital (in thousands): 231,198 (2) Accumulated loss (in thousands): -980,543 5. Interest method: None 6. Repayment: (1) Conditions: None (2) Date: Repayment within three years 7. Total outstanding loan balance to date (in thousands): 12,390,322 8. Ratio of loan balance to net assets in most recent financial report: 327.62% 9. Source of funds: Financial institutions, parent company 10. Other notes: None