Wang Guangbo entered into a sale and purchase agreement to acquire 11.67% stake in Microware International Holdings Limited for HKD 47.6 million on November 28, 2023. Completion is expected to take place on or around February 2, 2024. Transaction is expected to complete on March 28, 2024.

As of February 8, 2024 Transaction is partially completed. As of April 3, 2024, Mr. Wang and Microware Holdings entered into a deed of amendment, pursuant to which that the transfer of remaining 17.5 million Sale Shares shall be conducted in two tranches that the transfer of 7.4 million Sale Shares shall be completed no later than April 15, 2024 and the transfer of 10.1 million Sale Shares shall be completed no later than June 28, 2024.