Wang Tianyi signed a transfer agreement to acquire 2.2% stake in Hangzhou Lianluo Interactive Information Technology Co.,Ltd (SZSE:002280) from He Zhitao for approximately CNY 130 million on November 21, 2022.

Wang Tianyi completed the acquisition of 2.2% stake in Hangzhou Lianluo Interactive Information Technology Co.,Ltd (SZSE:002280) from He Zhitao on December 23, 2022. Post completion, Wang Tianyi holds 2.75% and He Zhitao holds 15.45% stake respectively in Hangzhou Lianluo Interactive Information Technology.