Jiaxing Zhegang, Gongqingcheng Chunlin, Juyuan Xincheng ( Jiaxing), Quande Xueluo Kexin, Quande Xuesan zhuanxin, Jiangsu Shengyu Huatian, Danyang Shengyu Hongtu, Shenzhen Zhongxiaodan, Shenzhen Talent Innovation, Jiangsu High Investment, Suzhou Hi-Tech Yida and Jiangsu Zijin Cultural Industry acquired unknown stake in Jiangsu Provision Electronics Co.,Ltd from Ma Hongwei for approximately CNY 170 million on June 29, 2022. As per the transaction, Ma Hongwei sold 12.09 million shares.

Jiaxing Zhegang, Gongqingcheng Chunlin, Juyuan Xincheng ( Jiaxing), Quande Xueluo Kexin, Quande Xuesan zhuanxin, Jiangsu Shengyu Huatian, Danyang Shengyu Hongtu, Shenzhen Zhongxiaodan, Shenzhen Talent Innovation, Jiangsu High Investment, Suzhou Hi-Tech Yida and Jiangsu Zijin Cultural Industry completed the acquisition of unknown stake in Jiangsu Provision Electronics Co.,Ltd from Ma Hongwei on June 29, 2022.