Zhaoqing Jiaotou Mining Co., Ltd. agreed to acquire 59.6206% stake in Zhaoqing Yueyun Travel Service Co., Ltd from Guangdong Yueyun Transportation Company Limited (SEHK:3399) for CNY70 million on October 20, 2023. Completion of the Disposal Transaction shall take place and change of industrial and commercial registration shall be completed within 30 calendar days from the date of signing of the Equity Transaction Agreement.