Hunan Yunzhou Investment Co., Ltd. entered into the Equity Transfer Agreement to acquire 35% stake in Jianxinguomao (Xiamen) Private Equity Fund Management Limited from Cinda International Holdings Limited (SEHK:111) for CNY 13.545 million on August 26, 2022. The unaudited net asset value of JXGM as at July 31, 2022 was approximately CNY 36.51 million. Completion of the transfer of the rights of the Equity Interest shall take place within 90 Business Days.

Hunan Yunzhou Investment Co., Ltd completed the acquisition of 35% stake in Jianxinguomao (Xiamen) Private Equity Fund Management Limited from Cinda International Holdings Limited (SEHK:111) on November 29, 2022.