Shenwan Hongyuan Securities Co., Ltd. signed an agreement to acquire a 4.27% stake in Zhongtian Financial Group Company Limited from Kingsbury International Holdings Co.,Ltd for approximately CNY 500 million on March 28, 2022. Shenwan Hongyuan Securities Co., Ltd. will acquire 299,401,197 unrestricted tradable shares at CNY 1.67 per share.