Shanghai Songjiang Wenfeng Great World Trading Co., Ltd. announced that it will receive CNY 600,000,000 from returning investor Wenfeng Great World Chain Development Corporation on April 27, 2023. After the completion of this capital increase, the registered capital will be increased from CNY 300,000,000 to CNY 900,000,000 and the investor still holds 100% of its shares. The transaction has been approved in the 20th meeting of the company’s 6th directorate, and the transaction does not need the shareholders’ approval.