Pang Zenghui No. 26 Private Securities Investment Fund, managed by Shanghai Pangzeng Investment Management Center (Limited Partnership) entered into a share agreement transfer letter to acquire a 5.58% stake in Suzhou Kelida Building& Decoration Co.,Ltd. (SHSE : 603828) from Gu Yiming and Maanshan Puhong Enterprise Management Partnership (Limited Partnership) for approximately CNY 120 million on December 27, 2021. In a related transaction, Pang Zenghui No.

27 Private Securities Investment Fund, managed by Shanghai Pangzeng Investment Management Center (Limited Partnership) entered into a share agreement transfer letter to acquire a 5.66% stake in Suzhou Kelida Building& Decoration Co.,Ltd. from Zhu Caizhen, Gu Longdi and Lu Chongming for approximately CNY 120 million on December 27, 2021. Pang Zenghui will pay CNY 3.59 per share for 34.02 million shares, representing a 5.58% stake in Suzhou Kelida Building&.