Meitu: The fair value of the bitcoins purchased by the company will be recognized as an impairment loss in the interim results

Meitu: The fair value of the Company's purchased Bitcoin decreased by approximately US$17.3 million as of June 30, 2021, which is expected to be recognized as an impairment loss in the interim results, while the fair value of the purchased Ethereum increased by approximately US$14.7 million as of June 30, 2021, which will not be recognized as a revaluation gain in the interim results. Since the purchase of cryptocurrencies, the Group has neither purchased nor sold any cryptocurrencies under the cryptocurrency investment plan, and currently has no plans to sell cryptocurrencies in the short term.