Shenzhen Jinjia Hezhi Technology Co., Ltd. signed the Equity Transfer Agreement to acquire 40% of Shenzhen Jinjia Hezhi Technology Co., Ltd. from Tian Xueli and Guo Chengyuan for CNY 0.000002 million on December 19, 2022. Shenzhen Jinjia Hezhi Technology will acquire from Tian Xueli at CNY 0.000001 million for 35% stake and from Guo Chengyuan at CNY 0.000001 million for 5% stake in Shenzhen Jinjia Hezhi Technology Co., Ltd. After the completion of this transaction Shenzhen Jinjia Hezhi Technology Co., Ltd. will be wholly-owned subsidiary of Shenzhen Jinjia Hezhi Technology Co., Ltd. The transaction was approved by the general manager office meeting of Shenzhen Jinjia Group Co., Ltd. For the year ended, November 30, 2022, Shenzhen Jinjia Hezhi Technology Co., Ltd. total asset is CNY 12.48 million and total owners equity is CNY 3.27519 million.