Shenzhen Zhaori Technology Co., Ltd. Board of Directors' Explanation of Confidentiality Measures and System for the Transaction
Shenzhen Zhaori Technology Co., Ltd. (hereinafter referred to as the "Company") proposes to acquire a portion of the equity of Shenzhen Baione Technology Co., Ltd. and obtain its control through the issuance of shares and payment of cash, while also raising supporting funds (hereinafter referred to as the "Transaction").