The Board of Directors of Shenzhen Zhaori Technology Co., Ltd.
Statement on Compliance with Article 11 of the Administrative Measures for the Registration of Issuance of Securities by Listed Companies for the Transaction
Shenzhen Zhaori Technology Co., Ltd. (hereinafter referred to as the "Company") intends to acquire a portion of the equity of Shenzhen Baione Technology Co., Ltd. (hereinafter referred to as "Baione Technology") and obtain its control through the issuance of shares and payment of cash, and simultaneously raise supporting funds (hereinafter referred to as the "Transaction").