On February 28, 2024, Capitalonline Data Service Co., Ltd. closed the transaction. The company issued 33,639,314 A shares at an issue price of CNY 10.50 per share for the gross proceeds of CNY 353,212,797 and the issue expenses is CNY 10,546,338.01; net proceeds is CNY 342,666,458.99. The transaction included participation from Tansun Technology Co., Ltd. for 9,523,809 shares for CNY 99,999,994.50, Jinan Tiesheng No.

1 Investment Partnership Enterprise (Limited Partnership) for 8,095,238 shares for CNY 84,999,999.00, Caitong Fund Management Co., Ltd. for 6,980,952 shares for 73,299,996.00, Nuode Asset Management Co., Ltd. for 3,609,523 shares for CNY 37,899,991.50, Duan Fan for 1,904,761 shares for CNY 19,999,990.50, Gongqingcheng Shengheng Investment Management Co., Ltd.-Shengheng Mingjiang Jiuzhong Risk Control Strategy No. 3 Private Equity Investment Fund for 1,904,761 shares for CNY 19,999,990.50 and Li Lianhai for 1,620,270 shares for CNY 17,012,835.00. After the issuance, Tansun Technology Co., Ltd. holds 9,523,809 shares in the company, accounting for 1.90% stake; Jinan Tiesheng No.

1 Investment Partnership Enterprise (Limited Partnership) owns 8,095,238 shares, accounting for 1.62% stake; Caitong Fund Management Co., Ltd. owns 6,980,952 shares, accounting for 1.39% stake; Nuode Asset Management Co., Ltd. owns 3,609,523 shares, accounting for 0.72% stake.