Ningbo Jingxiu Investment Management Partnership Enterprise (Limited Partnership) signed the share transfer agreement to acquire Beijing Soyuan Science&Technology Co.,LTD. from BizConf Telecom Co.,Ltd. (SZSE:300578) for CNY 41 million on April 20, 2023. On May 17, 2023, the parties signed “Share Transfer Agreement Supplement Agreement,” agreeing to adjust the transfer price to CNY 40.7 million. On June 13, 2023, BizConf Telecom Co. received the first payment of CNY 8.2 million. On June 16, 2023, the parties signed “Share Transfer Agreement Supplement Agreement 2,” agreeing to transfer 99% and 1% stakes to Ningbo Jingxiu Investment Management Partnership Enterprise (Limited Partnership) and Changhe (Tianjin) Investment Management Co., Ltd. The transfer was approved by the Board of Directors of BizConf Telecom Co. and Changhe (Tianjin) Investment Management Co., Ltd. on April 20, 2023. On May 12, 2023, BizConf Telecom Co. held the Annual General Shareholders Meeting of 2022, and approved the transfer.

Ningbo Jingxiu Investment Management Partnership Enterprise (Limited Partnership) and Changhe (Tianjin) Investment Management Co., Ltd. completed the acquisition of Beijing Soyuan Science&Technology Co.,LTD. from BizConf Telecom Co.,Ltd. (SZSE:300578) on June 28, 2023. On June 28, 2023, Beijing Soyuan Science&Technology Co., Ltd. completed the change of business registration of its share transfer.