Shanghai Annoraky Group Co., Ltd. Board of Directors
Statement on Compliance with Article 4 of the Regulatory Requirements for Listed Companies' Planning and Implementation of Major Asset Restructuring Regarding the Current Transaction
Shanghai Annoraky Group Co., Ltd. (hereinafter referred to as the "Company") proposes to acquire 100% equity of Guangzhou Fengyun Information Technology Co., Ltd. (hereinafter referred to as "Fengyun Information" or the "Target Company") 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 "Current Transaction").
After careful consideration, the Company's Board of Directors believes that the Current Transaction complies with Article 4 of the "Regulatory Requirements for Listed Companies' Planning and Implementation of Major Asset Restructuring," with the following details: