Swanlink (Jiangsu) Technology Development Co., Ltd. announced that it will receive CNY 168,800,000 on March 15, 2023. The transaction will include participation from returning investor iSoftStone Information Technology (Group) Co., Ltd., new investors Tibet Honglian Enterprise Management Partnership Enterprise (Limited Partnership) and Ruantong Intelligent Technology Co., Ltd. The company will issue common shares in the transaction. The transaction has been approved in the 19th Meeting of the Company's 1st Directorate and the 11th Meeting of the 1st Supervisory Board and does not need the Shareholders' Approval.

Post the completion, iSoftStone Information Technology (Group) Co., Ltd. will hold 47.50% stake, Wuxi Yiqi Tanhong Shulian Industrial Investment Fund Partnership Enterprise (Limited Partnership) will hold 26.11% stake, Tibet Honglian Enterprise Management Partnership Enterprise (Limited Partnership) will hold 21.11% stake and Ruantong Intelligent Technology Co., Ltd. will hold 5.28% in the company.