Wu Di acquired an additional 14.35% minority stake in Datang Group Holdings Limited (SEHK:2117) from Dynasty International Co. Ltd. on December 31, 2021. Wu Di, Chairman of the board of directors of Datang Group Holdings Limited will acquire 195,668,564 ordinary shares of Datang Group Holdings Limited. Post transaction, Dynasty International Co. Ltd. will hold 531,604,436 Shares representing approximately 38.98% of the total issued Shares Datang Group Holdings Limited and Wu Di will hold 407,789,564 Shares representing approximately 29.90% stake. The Board of Datang Group Holdings Limited does not expect the Share Transfer will have any impact on the business or operations of the Group.

Wu Di completed the acquisition of an additional 14.35% minority stake in Datang Group Holdings Limited (SEHK:2117) from Dynasty International Co. Ltd. on December 31, 2021.