Ocean Star Technology Group Limited entered into a strategic cooperation framework agreement with Guangdong BaiShiZhengDa Internet Technology Limited in respect of the proposed establishment of an e-commerce platform and sale of lingerie, sportswear and related products of the Company through the Platform. According to the Framework Agreement, the Parties shall utilize their respective advantages in the Strategic Cooperation based on the shared beliefs about industry and capital integrated development. The Parties agree to cooperate in the following areas, among others: BaiShiZhengDa shall be responsible for the development of the Platform and the organization of online and offline sales team. BaiShiZhengDa shall purchase lingerie, sportswear and related products from the Company with an aim to achieve an annual purchase amount of RMB 500 million or more through the Platform; and the Company shall supply lingerie, sportswear and related products for sales on the Platform, which will be subject to change over time in accordance with sales and market conditions. The actual products for sales shall be selected and customized through mutual negotiation between the Parties.