| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Lou Tiancheng | Chief Technology Officer, Director | 1301 PEARL DEVELOPMENT BLDG, 1 MINGZHU, 1ST STREET, HENGLI TOWN, NANSHA DISTRICT, GUANGZHOU, CHINA | /s/ Tian Gao, Attorney-in-Fact for Tiancheng Lou | 18 Mar 2026 | 0002067493 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | PONY | Class A Ordinary Shares | 80,197 | 18 Mar 2026 | Direct | ||||||
| holding | PONY | Class A Ordinary Shares | 110,828 | 18 Mar 2026 | By IWAY LLC |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | PONY | Class B Ordinary Shares | 18 Mar 2026 | Class A Ordinary Shares | 19,068,770 | By IWAY LLC | F1 | |||||||
| holding | PONY | Class B Ordinary Shares | 18 Mar 2026 | Class A Ordinary Shares | 2,020,000 | By South Dakota Trust Company LLC as the trustee of Amber Luna Lou Irrevocable Trust | F1, F2 | |||||||
| holding | PONY | Restricted Stock Units | 18 Mar 2026 | Class A Ordinary Shares | 354,167 | Direct | F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | Each Class B ordinary share is convertible at any time at the option of Mr. Tiancheng Lou into one Class A ordinary share. In addition, each Class B ordinary share will be converted automatically into one Class A ordinary share upon any sale, transfer, assignment or disposition, or upon a change of beneficial ownership (subject to certain exceptions). |
| F2 | The settlors of the trust are Mr. Tiancheng Lou and his spouse, and the beneficiary of such trust is a family member of Mr. Tiancheng Lou. Mr. Tiancheng Lou is entitled to exercise the voting rights of the Class B ordinary shares held under Amber Luna Lou Irrevocable Trust in his sole and absolute discretion pursuant to the irrevocable power of attorney signed by South Dakota Trust Company LLC. Further, Mr. Tiancheng Lou is entitled to exercise his sole power to direct the exercise of any voting and other rights attached to the trust funds held under the Amber Luna Lou Irrevocable Trust as the sole investment advisor (including the Class B ordinary shares held thereunder). Mr. Tiancheng Lou disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. |
| F3 | Restricted stock units (RSU) were granted on December 4, 2024. The vesting schedules are 25% of the total RSU granted shall vest on the first anniversary of October 31, 2024, and the remaining 75% of the total RSU granted are scheduled to vest equally with 6.25% at the 25th day of the last month of each quarter thereafter. |
| F4 | This grant does not have an expiration date. |
| F5 | Each restricted stock unit represents the right to receive, upon vesting, one Class A ordinary share. |
Exhibit 24 - Power of Attorney