Shanghai Annoraky Group Co., Ltd. Board of Directors
Statement from the Board of Directors Regarding Relevant Parties to the Transaction Not Meeting Conditions for Participation in Major Asset Restructuring Pursuant to Article 12 of the "Supervisory Guideline No. 7 for Listed Companies – Supervision of Abnormal Trading of Stocks in Major Asset Restructuring" and Article 30 of the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guideline No. 8 – Major Asset Restructuring"
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").