Board of Directors' Statement on the Completeness, Compliance, and Validity of Legal Documents for the Transaction

Shanghai Annoraky Group Co., Ltd. Board of Directors' Statement on the Completeness, Compliance, and Validity of Legal Documents for the Transaction

Shanghai Annoraky 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 by issuing shares (hereinafter referred to as the "Transaction").

In accordance with the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Administrative Measures for Major Asset Restructuring of Listed Companies" (hereinafter referred to as the "Restructuring Measures"), the "Supervisory Guidelines for Listed Companies No. 9 - Regulatory Requirements for the Planning and Implementation of Major Asset Restructuring by Listed Companies" (hereinafter referred to as the "Supervisory Guidelines for Listed Companies No. 9"), the "Information Disclosure Content and Format Standards for Public Issuance of Securities by Companies No. 26 - Major Asset Restructuring of Listed Companies" (hereinafter referred to as the "Information Disclosure Content and Format Standards for Public Issuance of Securities by Companies No. 26"), and other relevant laws, regulations, and normative documents, as well as the "Articles of Association of Shanghai Annoraky Group Co., Ltd." (hereinafter referred to as the "Articles of Association"), the Company's Board of Directors hereby makes the following statement on the completeness, compliance, and validity of the legal documents submitted for the Transaction:

I. Statement on the Completeness and Compliance of the Transaction's Legal Procedures