2 4 6 7 14 ZHANG Min 22 YE DaqingZHANG Min PO Box 309Ugland HouseGrand Cayman, KY1-1104Cayman Islands 40110 YE DaqingZHANG Min 24840 YE DaqingZHANG Min 261 151509 1617 1945 Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands www.zero2ipo.cn •SaaSMAX2024630MAX362024630 •20246303.5202463022% 2024 202363085.815.9%202472.2(1)(2) 202363068.620.6%202454.5 202363017.22.9%202417.7202363020.0%202424.5% 2023202463014.414.32023202450.0%50.5% 202363012.021.7%20249.4202363043.0%202439.0% 202363014.957.0%20246.42023630292.2%202477.1%(1)(2) 20236305.692.9%20240.4202363023.4%20243.5% 20236308.59.4%20247.7 202363022.017.7%202425.9 20236308.213.4%20247.1 20236306.421.9%20247.8 20236303.745.9%20242.0 20236309.822.4%20247.62023202463011.4%10.5% 202312312024630739.4731.6 202312312024630171.7170.5 2024630378.920231231490.320246 30474.4 2024 20246301.8 2024630 202312 114.72%28.320242272023121 2024126 2024630 20246307.67.5%20244 30 2024630 2024630 2024630 202463023.3%2023123123.2% 2024630XV(a)XV78(b)352(c) (A) (1)(i)JQ Brothers Ltd.(ii)35.0%20246303,055,778(2)MRJ Holdings Limited(3)HCShanghe Holdings Limited(4) (B) (1)202463054.93%100% 2024630XVXV78352 2024630XV23336 2024630336 2020127202351717 (1) (2) (3) 30,640,24010.04% (4) 1% (5) (6) (a)(b) (a) (b) (7) (8) 2023517 202411202463020241120246 3030,640,24030,640,240 C1 C.2.1 C.2.1C.2.1 C3 13.51B(1) •YE Daqing20246 20246302802023630333202463053.5 202012 30386.966.0 202266(a)50.0(b)202212202312202412(i)COVID–19(ii)(iii) 20246301.41,434,000 20246301,053,20020246 30380,800 2024630 C1YE DaqingZhang Min20246302024630 24102024630 2024630 13.2013.2113.22 (1)2024722024712376,00020248620241 22024671,053,200(2)2024710202471250.020247102024630 245220246 303434 2410 34 2024813 2024630 20246 30 20246 30 2024630 2024630 1 1.1 2219613201981POBox 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands 202463020246302024630 2024813 1.2 (a) 202312 128.314.72%20242272024410 1 1.2 (b) 20241.41.31,434,0002023120,4002024630 2 34 1231 3 202411 •1•1•16•77•5 20231231 4 (a) 202312312024630 (b) (i) 4 (b) (i) TechStar Acquisition CorporationTechStarTechStar18B20236153,750,000TechStar BB20231223TechStar6,000,000 202463020231231 4 (b) (i) 2024630 2 0 2 463 0TechStar B 4 (b) (i) 2024630 6302024 (ii) ••• 4 (b) (iii) TechStar B 20246300.0%~16.6%19.9%~26.1% TechStar B 5 202312312024630 6 20242023630 15 11 (a) 202420236 30 (b) 2024630 12 20246302023630 13 8 14 (a) 13 14 (b) 15 16 23 17 20246 3020231231 17 9 18 20246302,427,00020236 307,113,0002024 20 20246 3020231231 22 TechStarTechStar 23 16 24 20246 30202312 31 25 202420236306,000,00010,455,000 26 **1,000 1 . 22 0 2 4120,40086127,000 27 (a) 27 (b) 27 (c) 28 2020620%20246 302.21.8202463020% 29 (a) 20247 22024712376,0001,053,200202412202467 (b) 2024710202471250.0