Shanghai Guosheng Haitong Equity Investment Fund Partnership (Limited Partnership) signed Share Transfer Agreement to acquire 5.04% stake in PhiChem Corporation (SZSE:300398) from Feikai Holding Co., Ltd. for CNY 390 million on September 2, 2021. Feikai Holdings intends to transfer its 26 million shares in PhiChem Corporation. The price of this share transfer agreement is CNY15.00 per share. The transaction is subject to prerequisites including: 1. Obtain a confirmation opinion issued by the Shenzhen Stock Exchange in the application for the transfer of the target stock and Shanghai Guosheng Haitong Equity Investment Fund Partnership (Limited Partnership) has been registered as a shareholder of PhiChem Corporation stock in the Shenzhen Branch of China Clearing Corporation and obtained a certificate of share registration; 2. In accordance with relevant laws and regulations and the requirements of the competent authority, other necessary procedures (including but not limited to the foreign investment information report submission of PhiChem Corporation, the registration change of basic foreign exchange information, and the transferor?s collection The opening of the fund account, etc.) have been completed; 3. Both parties have filed with the competent tax authority for the foreign payment tax on the transaction under the share transfer agreement, and the withholding tax declaration and settlement procedures have been completed. On the premise that all the above-mentioned prerequisites are met, within 5 working days after the transferee is registered as a shareholder of the target shares in ChinaClear Shenzhen Branch and obtains the share registration certificate, Shanghai Guosheng Haitong Equity Investment Fund Partnership (Limited Partnership) shall pay for the share transfer to the bank account under Feikai Holdings Co., Ltd. name The balance of the price after deducting the withholding tax. After the signing of this agreement, both parties shall promptly cooperate with each other to handle all procedures involved in the transfer of the subject stock from Feikai Holdings Co., Ltd. to Shanghai Guosheng Haitong Equity Investment Fund Partnership (Limited Partnership), including but not limited to timely application to the Shenzhen Stock Exchange for confirmation of the transfer of the subject stock agreement, and timely submission to China Settlement Shenzhen The branch shall apply for the registration procedures for the transfer of the target stock. From the date of completion of the transfer of the target stocks, Shanghai Guosheng Haitong Equity Investment Fund Partnership (Limited Partnership) becomes the legal holder of the target stocks and enjoys shareholder rights and assumes shareholder obligations in accordance with laws and regulations and the articles of association of PhiChem Corporation. This agreement will become effective on the day when the legal representatives or authorized representatives of both parties signed/stamped and both parties affixed their official seals. Shanghai Guosheng Haitong Equity Investment Fund Partnership (Limited Partnership) acquired 5.04% stake in PhiChem Corporation (SZSE:300398) from Feikai Holding Co., Ltd. on October 26, 2021.