Hunan Caixin Jingguo Equity Investment Partnership Enterprise (Limited Partnership) signed a share transfer agreement to acquire a 5.01% stake in Mango Excellent Media Co., Ltd. (SZSE:300413) from Hangzhou Ali Venture Capital Co., Ltd. for CNY 4.5 billion on October 20, 2021. After the transaction, Hangzhou Ali Venture Capital Co., Ltd. holds no stake in Mango Excellent Media. Hangzhou Ali Venture Capital Co., Ltd. shall acquire 93.64 million stake at CNY 47.56 per share for a total of CNY 4,453,892,079. Within 2 business days after the agreement signing and the Asset Management Association of China completes the private equity funds filing procedures, and no later than October 31, 2021, Hunan Caixin Jingguo Equity Investment Partnership Enterprise (Limited Partnership) will pay CNY 1,336,167,624, will pay CNY 1,336,167,623 within 5 days of transfer confirmation and will pay CNY 1,781,556,831 within 30 business days after the completion of the transfer and no later than December 15, 2021.

Hunan Caixin Jingguo Equity Investment Partnership Enterprise (Limited Partnership) completed the acquisition of a 5.01% stake in Mango Excellent Media Co., Ltd. (SZSE:300413) from Hangzhou Ali Venture Capital Co., Ltd. on October 21, 2021.