Aksu Andre Fruit Juice Co., Ltd. announced that it will raise CNY 70,000,000 in its equity round of funding on May 29, 2023. The transaction will include participation from new investor Yantai North Andre Juice Co.,Ltd. The registered capital will increased from CNY 100,000,000, and the Company hold 87.5% stake in the transaction. The transaction has been approved in the 11th Meeting of the Company?s 8th Directorate, and does not need the Shareholders?

Approval.