| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Peng Jun | Chief Executive Officer, Director | 1301 PEARL DEVELOPMENT BLDG, 1 MINGZHU, 1ST STREET, HENGLI TOWN, NANSHA DISTRICT, GUANGZHOU, CHINA | /s/ Tian Gao, Attorney-in-Fact for Jun Peng | 18 Mar 2026 | 0002067495 |
| 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 | 43,988,000 | Direct | F1 | |||||||
| holding | PONY | Class B Ordinary Shares | 18 Mar 2026 | Class A Ordinary Shares | 13,990,000 | By Voting Trust | F1, F2 | |||||||
| holding | PONY | Class B Ordinary Shares | 18 Mar 2026 | Class A Ordinary Shares | 1,011,000 | By Juan Xu, as the trustee of the Alicia Peng Irrevocable Trust | F1, F3 | |||||||
| holding | PONY | Class B Ordinary Shares | 18 Mar 2026 | Class A Ordinary Shares | 1,011,000 | By Juan Xu, as the trustee of the Selena Peng Irrevocable Trust | F1, F3 |
| Id | Content |
|---|---|
| F1 | Each Class B ordinary share is convertible at any time at the option of Mr. Jun Peng 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 | Mr. Jun Peng is the sole trustee of the Voting Trust, and the beneficiaries of the Voting Trust are Mr. Jun Peng and his family member. |
| F3 | Juan Xu is the trustee of each of the Alicia Peng Irrevocable Trust and the Selena Peng Irrevocable Trust. The settlors of both trusts are Mr. Jun Peng and his spouse, and the beneficiaries of each trust are family members of Mr. Jun Peng. Mr. Jun Peng serves as the sole investment advisor of each of the Alicia Peng Irrevocable Trust and the Selena Peng Irrevocable Trust, and is entitled to exercise sole power to direct the voting and other rights attached to the trust assets held thereunder (including the Class B ordinary shares). Mr. Jun Peng 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. |
Exhibit 24 - Power of Attorney