Shanghai Annoray Group Co., Ltd. Board of Directors
Statement on the Absence of Circumstances Prohibiting Issuance of Shares to Specific Objects Under Article 11 of the Management Measures for the Registration of Issuance of Securities by Listed Companies Regarding the Current Transaction
Shanghai Annoray Group Co., Ltd. (hereinafter referred to as the "Company") proposes to acquire 100% equity of Guangzhou Fengyun Information Technology Co., Ltd. through the issuance of shares and payment of cash, and to raise supporting funds by issuing shares to no more than 35 qualified specific investors (hereinafter referred to as the "Current Transaction").