Shenzhen Zhiyan Technology Co., Ltd. announced a private placement of common shares on March 22, 2021. The transaction will include participation from Taicang Zhongding No. 6 Equity Investment Partnership (Limited Partnership), Shenzhen Cowin Asset Management Co.,Ltd., Anker Innovations Limited (SZSE:300866) for CNY 40 million, Shenzhen Nanhai Growth Tongying Equity Investment Fund (L.P.), Achiever Ventures III (Hong Kong) Limited, Zhuhai Zhiyan Jump Investment Partnership (Limited Partnership), Changxing Jiupai Xingshuo Equity Investment Fund Partnership (Limited Partnership), Zhuhai Gaoling Xingheng Equity Investment Partnership (Limited Partnership), Zhuhai Yunuo Management Consulting Partnership (Limited Partnership), Taicang Zhongding No.

6 Qinglan Equity Investment Partnership (Limited Partnership).