Guangdong Insight Digital Marketing Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 10,000,000 on June 10, 2021. The transaction will include participation from returning investor Guangdong Insight Brand Marketing Group Co.,Ltd. to retain its 100% stake in the company. The transaction has been approved in the 21st meeting of the second board of directors and the 17th meeting of the 2nd board of supervisors of the investor.