Global Aircom Information Service Co., Ltd. announced that it will issue common shares of CNY 50 million on February 19, 2024. The transaction includes participation from new investor Tansun Technology Co., Ltd. for 9.0909% stake in the company. The transaction is within term of reference of the company?s general manager and does not require approval by the board of directors and shareholders?

meeting. The company raise money at a post money valuation of CNY 500 million. Within 20 working days after fulfillment of conditions or waiver of conditions by the company in written form, the company shall make first cash payment amounting to CNY 20 million and contribution of intellectual properties.

The first payment date will be the closing date. Within 1 year from closing, the company shall make the second cash payment amounting to CNY 10 million.