Shenzhen Hulian Jingying Information Technology Co., Ltd. announces a private placement of gross proceeds for CNY 99,563,600 on August 2, 2023. The transaction included the participation from returning investor from Guangdong TianYiMa Information Industry Co. Ltd, will hold 100% stake.

The registered capital is CNY 49,400,000 and its registered capital will increase from CNY 4,500,000 to CNY 53,900,000. The company held that the transaction has been approved in the 14th Meeting of the Company?s 3rd Directorate, and is still subject to the Shareholders? Approval.