Shenzhen Prolto Supply Chain Management Co.,Ltd announced that it has signed Share Subscription Contract with Effective Conditions with investor Guangdong Green Finance Investment Holdings Group Co., Ltd to issue no more than 111,995,416 A shares at an issue price of CNY 4.90 per share for the gross proceeds of CNY 548,777,538.4 on May 20, 2024. The transaction has been approved in the 19th meeting of the fifth board, subject to the competent state-owned assets supervision and administration agency for the issuance of shares, Shenzhen Stock Exchange and approved by the China Securities Regulatory Commission for registration. The final issuance plan shall be subject to the plan approved for registration by the China Securities Regulatory Commission.