Shangrao Digital and Financial Industry Investment Group Co., Ltd. agreed to acquire 30% stake in Beijing Tianli Mobile Service Integration, Inc. (SZSE:300399) from Qian Yongyao, Jiangyin Xinyuan Investment Company Limited, Qian Yongmei, Tianjin Zhihui Investment Partnership Enterprise (Limited Partnership) and Kuang Qing for CNY 900 million on December 5, 2019. Under the terms, Qian Yongyao, Jiangyin Xinyuan Investment Company Limited, Qian Yongmei, Tianjin Zhihui Investment Partnership Enterprise (Limited Partnership) and Kuang Qing will sell 22.61%, 3.18%, 2.01%, 1.75% and 0.45% stake respectively representing 59.28 million shares in Beijing Tianli Mobile Service Integration, Inc.

Shangrao Digital and Financial Industry Investment Group Co., Ltd. completed the acquisition of 30% stake in Beijing Tianli Mobile Service Integration, Inc. (SZSE:300399) from Qian Yongyao, Jiangyin Xinyuan Investment Company Limited, Qian Yongmei, Tianjin Zhihui Investment Partnership Enterprise (Limited Partnership) and Kuang Qing on October 12, 2021.