Bosi Shucun Technology Development announced a private placement of common shares for the gross proceeds of CNY 30,645,200 on December 29, 2022. The transaction will include participation from Fujian Electronics & Information (Group) Co.,Ltd, Fujian Boss Software Corp., Fuzhou Changle District Qiyuan Technology Center and Shanghai Nuoyu Enterprise Management Center. The transaction has been approved at the 16th meeting of the 4th board of directors and the 16th meeting of the 4th board of supervisors of the company.