Shanghai Qiku Network Technology Co., Ltd. announced that it will receive CNY 60 million in an equity round of funding on June 7, 2021. The transaction included participation from new investors, Alpha Group for CNY 45 million for 9.6774% stake and Fujian Aoji Enterprise Management Partnership (Limited Partnership) for CNY 15 million for 3.2258% stake. The registered capital will increase from CNY 11.111111 million to CNY 12.757202 million.

First installment shall be paid within 7 working days after getting written notice, CNY 22.50 million from Alpha Group (SZSE:002292) and CNY 7.50 million from Fujian Aoji Enterprise Management Partnership (Limited Partnership) and within seven working days after business registration, the investors shall pay the remaining capital increase amount. The transaction has been approved at the Alpha Group (SZSE:002292)'s 19th meeting of the fifth board of directors.