Shanghai Annoraky Group Co., Ltd. Board of Directors
Statement on Whether the Transaction Constitutes a Major Asset Restructuring, Connected Transaction, and Restructuring Listing
Shanghai Annoraky Group Co., Ltd. (hereinafter referred to as the "Company" or "Listed Company") intends to acquire 100% of the equity of Guangzhou Fengyun Information Technology Co., Ltd. (hereinafter referred to as the "Target Company" or "Target Asset") through the issuance of shares and payment of cash. Concurrently, the Company plans to issue shares to no more than 35 qualified specific investors to raise supporting funds (hereinafter referred to as the "Transaction").
I. The Transaction is Expected to Constitute a Major Asset Restructuring