Shanghai Annorui Group Co., Ltd. Board of Directors
Explanation on Confidentiality Measures and System for the Transaction
Shanghai Annorui Group Co., Ltd. (hereinafter referred to as the "Company") intends to acquire 100% of the equity of Guangzhou Fengyun Information Technology Co., Ltd. through the issuance of shares and payment of cash, and to raise supporting funds from no more than 35 qualified specific investors through the issuance of shares (hereinafter referred to as the "Transaction").
Given that the Transaction may cause fluctuations in the Company's stock price, and to avoid adverse effects on the Transaction due to the involvement of too many personnel and the disclosure or leakage of relevant information, the Company has adopted strict confidentiality measures and a system for the Transaction matters, the details of which are as follows:
- The Company strictly controls the scope of personnel involved in the Transaction project, minimizing the range of individuals who are privy to insider information regarding the Transaction.