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Introduction of Fujian Jinxing Group Co., Ltd.

Fujian Jinxing Group Co., Ltd. (hereinafter referred to as Jinxing Group, English name: Hanny Holding Co., Ltd.) (HKEx: an investment company listed on the Hong Kong Stock Exchange, established in 197 1, formerly known as Jinxing Magnetic Communication Group. The business includes securities trading, real estate investment and trading, and other strategic investments, including investments in affiliated companies listed on the stock exchanges in Hong Kong, Singapore, the United States and Australia, and investments in long-term convertible notes issued by companies listed on the Hong Kong Stock Exchange. Before the change of ownership, it was the CD business. The company is registered in Bermuda and its chairman is Chen Guoqiang (businessman). Now he is a member of Dexiang Enterprise Group.