On August 24, 2021, EmbedWay Technologies (Shanghai) Corporation closed the transaction. The company issued 28,932,436 shares at a price of CNY 11.99 per share for gross proceeds of CNY 346.89990764. The transaction included participation from Caitong Fund Management Co., Ltd. for 4,662,218 shares and proceeds of CNY 55.89999382, Guotai Junan Securities Co., Ltd. for 4,170,141 shares and proceeds of CNY 49.99999059, Nuode Asset Management Co., Ltd. of 3,002,502 shares and proceeds of CNY 35.99999898, Huang Zhichun for 2,585,487 shares and proceeds of CNY 30.99998913, Shanghai Ming Da Industrial (Group) Co., Ltd. for 2,502,085 shares and proceeds of CNY 29.99999915, Dong Weiguo for 2,168,473 shares and proceeds of CNY 25.99999127, BNP Paribas for 2,085,070 shares for proceeds of CNY 24.99998930, Xinyu Selection Investment Partnership (Limited Partnership) for 1,668,056 shares and proceeds of CNY 19.99999144, Li Wenlin for proceeds of 1,668,056 shares and proceeds of CNY 19.99999144, UBS AG for 1,668,056 shares for proceeds of CNY 19.99999144, China Industrial Securities Global Fund Management Co., Ltd. for 1,084,236 shares for proceeds of CNY 12.99998964, Ningbo Ningju Asset Management Center (Limited Partnership)-Ningju Yingshanhong No.

9 Private Securities Investment Fund for 834,028 shares for proceeds of CNY 9.99999572, Lin Dachun for 834,028 shares and proceeds of CNY 9.99999572.