Huitongda Network Co., Ltd. entered into the Five Star Sales Framework Agreement with Five Star Holdings for a term commencing from March 27, 2024 to December 31, 2026. Pursuant to such framework agreement, the Group agreed to provide goods for Five Star Holdings and/or its associates. Pursuant to the Five Star Sales Framework Agreement, the Group agreed to provide Five Star Holdings and/or its associates with goods (including but not limited to household appliances and consumer electronics) for a term commencing from March 27, 2024 and ending on December 31, 2026.

The Five Star Sales Framework Agreement may be renewed upon the mutual agreement of the parties, subject to compliance with the requirements under Chapter 14A of the Listing Rules and all other applicable laws and regulations. Subject to the terms of the Five Star Sales Framework Agreement, Five Star Holdings and/or its associates will enter into specific agreements or place purchase orders with the Group to set out specific terms and conditions in relation to the supply of goods. Pursuant to the Five Star Sales Framework Agreement, the consideration payable by Five Star Holdings and/or its associates will be paid at the time and according to the method to be agreed upon in specific agreements or purchase orders.

The prices of transactions contemplated under the Five Star Sales Framework Agreement shall be determined by negotiation on an arm's length basis. The price for selling goods to Five Star Holdings and/or its associates by the Group shall be determined with reference to the price of the goods of similar product types and quantities that the Group may sell to the Independent Third Parties and the prevailing market price. The parties shall negotiate the selling price separately for each sale of goods based on the principles that the selling price to be paid by Five Star Holdings and/or its associates shall be determined on normal commercial terms after arm's length negotiation, and shall be no less favorable than the prevailing market price and the price offered by the Group to Independent Third Parties for similar product types and quantities.

Pursuant to the terms of the Five Star Sales Framework Agreement, the parties will enter into separate sales order for each sale. To ensure that the selling prices offered by the Group to Five Star Holdings and/or its associates are fair and reasonable and comparable to those offered to Independent Third Parties, the Group will compare the prices offered by at least two other independent companies for similar product types and quantities so as to know the prevailing market price before entering into sales orders with Five Star Holdings and/or its associates. The above procedures can ensure that the transactions contemplated under the Five Star Sales Framework Agreement will be conducted on normal commercial terms and will not be prejudicial to the interests of the Company and its Shareholders.