Infinite Honor Limited agreed to acquire Yummy Network Technology Company Limited from World Super Holdings Limited (SEHK:8612) for HKD 8.3 million on March 18, 2022. The Consideration is HKD 8.3 million, among which HKD 2 million shall be satisfied in cash upon Completion, and the remaining balance of HKD 6.3 million shall be satisfied in cash on the date falling the first anniversary of the Completion Date. For the year ended December 31, 2021 Yummy Network has Revenue HKD 137.552 million and net income HKD -10.52 million. There will be gross proceeds and net proceeds from the Disposal of approximately HKD 8.3 million and HKD 8.2 million. The net proceeds from the Disposal is intended to be used for general working capital of the Group. Completion shall take place within one month from the date of the Disposal Agreement. On 14 April 2022, World Super Holdings Limited and Infinite Honor Limited entered into an extension letter, pursuant to which agreed that Completion shall take place within two (2) months from the date of the Disposal Agreement.

Infinite Honor Limited completed the acquisition of Yummy Network Technology Company Limited from World Super Holdings Limited (SEHK:8612) on April 29, 2022.