Ms. Chang Minqin, Ms. Li Junping and Mr. Chen Pengyu entered into Equity Transfer Agreements to acquire United Securities Limited from China Huajun Group Limited (SEHK:377) for HKD 9.427 million on May 15, 2023. For the year ended, April 30,2023, United Securities Limited net income is HKD 0.763 million and Net asset value is HKD 4.719 million.