Zhuang Liangbao, Yuan Yang, Dong Xiujuan, Xu Xinying, Sun Lejiu and others agreed to acquire Qidian International Co., Ltd. (SEHK:1280) in a reverse manger transaction HKD 120 million on August 23, 2022. Others include, Zhuang Liangbao, Yuan Yang, Dong Xiujuan, Xu Xinying, Sun Lejiu, Liu Liying, Yuan Li, Wang Yue, Beijing Heimazhidi, Beijing Guangsuduoer, Beijing Dixingjingliu, Beijing Houyishengrong and Liu Shixiu. (Offeror) Under the terms, consideration amount will be settles through allotment of shares. Transaction is suject to approval from shareholders of Qidian International, due diligence. On December 30, 2022, the long-stop date has been extended from December 31 2022 to September 30, 2023.Guosen Securities (Hong Kong) Capital Company Limited acted as financial advisor to the offeror and Gram Capital Limited acted as financial adviser appointed by the Qidian International Co to advise the Independent BoardCommittee and the Independent Shareholders.

Zhuang Liangbao, Yuan Yang, Dong Xiujuan, Xu Xinying, Sun Lejiu and others cancelled the acquisition of Qidian International Co., Ltd. (SEHK:1280) in a reverse manger transaction on September 11, 2023.