Beijing Jiashu Investment Co., Ltd. agreed to acquire 12.15% stake in Uniontech Software Technology Co., Ltd. from ArcherMind Technology (Nanjing) Co., Ltd. (SZSE:300598) for CNY 850 million on December 1, 2023. Within 3 days after the signing of agreement, the buyer will pay 51% of the transfer price, CNY 433.50 million, and Within 1 year the remaining balance of CNY 416.50 million. Uniontech Software Technology Co., Ltd. reported total assets of CN 1.02 billion and net assets of CNY 652.69 million on September 30, 2023.

Currently, ArcherMind Technology (Nanjing) Co., Ltd. owns 32.54% stake in Uniontech Software. ArcherMind Technology (Nanjing) Co., Ltd. board of directors approved the transaction. This transaction still needs to be approved by the ArcherMind Technology (Nanjing) Co., Ltd. 2nd special shareholders?

meeting for 2023.