Li Bin entered into share purchase agreement to acquire 11.14% stake in China Partytime Culture Holdings Limited from Chen Sheng Bi.

China Partytime Culture Holdings Limited is the design, development, manufacture and sale of cosplay products and non-cosplay apparels. The cosplay products include cosplay costumes and cosplay wigs. The non-cosplay apparels mainly include sexy lingerie. The Company operates its business through two segments: Wigs and Clothing and Others. The products of the Clothing and Others segment include cosplay costumes, sexy lingerie and others.