Xinxiang Xintou Industry M&A Investment Fund No. 1 Partnership Enterprise (L.P.) managed by Beijing Haihoutai Capital Co., Ltd. agreed to acquire 5% stake in Joyware Electronics Co.,Ltd (SZSE:300270) from Shi Xugang for approximately CNY 150 million on July 21, 2023. This share transfer matter needs to be confirmed by the Shenzhen Stock Exchange and obtain a confirmation opinion before the share transfer and transfer procedures can be handled at the China Securities Depository and Clearing Corporation Limited Shenzhen Branch.