On January 24, 2024, Guangzhou Shangpin Home Collection Co., Ltd. closed the transaction. The company has issued 26,648,900 shares at issue price of CNY 15.01 per Share for gross proceed of CNY 399,999,989. The transaction includes investor participation of Nuode Asset Management Co., Ltd. for 7,423,039, Caitong Fund Management Co., Ltd. for 5,729,502 shares, Tianan Life Insurance Co., Ltd. of China for 3,331,112 shares, China Asset Management Co., Ltd. for 2,198,534 shares, Shenzhen Jinyang Investment Fund Management Co., Ltd.-Jinyang No.

6 Private Securities Investment Fund for 2,198,534, Huatai Asset Management Co., Ltd.- Huatai Asset Management ? Industrial Bank - Huatai Asset Huatai Wenjian Zengyi Asset Management Products for 1,332,445 shares, Huatai Asset Management Co., Ltd.- Tianan Life Insurance Co., Ltd. of China- Huatai Multi-Asset Portfolio for 1,332,445 shares, Huatai Asset Management Co., Ltd.- Huatai Asset Management ? CITIC Bank- Huatai Asset Wenying Youxuan Asset Management Products for 1,332,445 shares, Huatai Asset Management Co., Ltd.- Huatai Asset Management - Agricultural Bank - Huatai Asset Hongli Value Growth Asset Management Products for 1,332,445 shares and Western Leadbank Fund Management Co., Ltd. for 438,399 shares.