Shanghai Shuoju Technology Partnership Enterprise (Limited Partnership) agreed to acquire 18.2318% stake in Hefei Qusu Ultra-Dimensional Integrated Circuit Co., Ltd. from Hollyland (China) Electronics Technology Corporation Limited (SZSE:002729) for CNY9 million on March 25, 2024. Prior to the transaction, Shanghai Shuoju Technology Partnership Enterprise (Limited Partnership) held 31.8182%. This transaction has been reviewed and approved by Hollyland (China) Electronics Technology Corporation Limited at the 13th meeting of the 5th Board of Directors held on March 25, 2024.