Kuaishou: The board is evaluating proposals for the proposed restructuring of LingAI's related assets and businesses.

Kuaishou Announcement: Our company has noted that on May 11, 2026, media reports indicated that our company intends to seek external financing and propose an independent listing for assets and businesses related to KeLing AI of the Group. Our company hereby provides an update to shareholders and investors. To further leverage external financial resources, the company’s board of directors is evaluating proposed restructuring plans for assets and businesses related to KeLing AI, which may involve the introduction of external financing.

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