On July 23, 2023, the company announced that the transaction has been approved in the 29th meeting of the 6th board of directors. The transaction included participation from new investors Tongmao Dingzeng No. 2 Private Securities Investment Fund a fund managed by Guangdong Tongmao Fumin Investment Management Partnership Enterprise (Limited Partnership) for 4,990,019 shares for CNY 24,999,995.19, Huashi Zesheng Private Equity Investment Fund, a fund managed by Huashi Haorui (Beijing) Private Fund Management Co., Ltd. for 8,542,914 shares for CNY 42,799,999.14, Dacheng Fund Management Co., Ltd. for 9,181,633 shares for CNY 45,999,981.33, Nuode Asset Management Co., Ltd. for 11,976,035 shares for CNY 59,999,935.35, Caitong Fund Management Co., Ltd. for 11,976,035 shares for CNY 59,999,935.35, Dong Weiguo for 3,193,612 shares for CNY 15,999,996.12, AEGON-Industrial Fund Management Co., Ltd. for 2,994,009 shares for CNY 14,999,985.09, China Asset Management Co., Ltd. for 3,512,973 shares for CNY 17,599,994.73, Lixiangjia Private Placement Zunxiang No.

1 Private Securities Investment Fund, a fund managed by Beijing Lixiangjia Private Fund Management Co., Ltd. for 2,994,011 shares for CNY 14,999,995.11, Huatai Youyi Stocks Special Pension Product- Agricultural Bank of China Limited for 2,994,011 shares for CNY 14,999,995.11, UBS AG for 7,584,830 shares for CNY 37,999,998.30, Shenwan Hongyuan Securities Co., Ltd. for 4,790,419 shares for CNY 23,999,999.19 and Li Yuting for 269,499 shares for CNY 1,350,189.99. Post completion, Huashi Zesheng Private Equity Investment Fund, a fund managed by Huashi Haorui (Beijing) Private Fund Management Co., Ltd. for 8,542,914 shares for 1.54% stake, UBS AG for 7,678,397 shares for 1.38% stake, Tongmao Dingzeng No. 2 Private Securities Investment Fund, a fund managed by Guangdong Tongmao Fumin Investment Management Partnership Enterprise (Limited Partnership) for 4,990,019 shares for 0.90% stake and Shenwan Hongyuan Securities Co., Ltd. for 4,960,509 shares for 0.89% stake.