Jia Ziqiang signed Share Transfer Agreement to acquire 5.45% stake in Guangdong Dowstone Technology Co., Ltd. from Liang Haiyan for CNY 360 million on May 8, 2024. The consideration will be paid at a price of CNY 11.55 per share.

Jia Ziqiang completed the acquisition of 5.45% stake in Guangdong Dowstone Technology Co., Ltd. from Liang Haiyan on June 26, 2024.