On March 24, 2021, Profit Cultural and Creative Group Co., Ltd. (SZSE:300640) closed the transaction. The company completed the pre-registration of shares. The company issued 66,076,254 shares at a price of CNY 5.18 per share for gross proceeds of CNY 342,274,995.72.

The transaction included participation from Wu Tifang for 9,652,509 shares for CNY 49,999,996.62, returning investor Yuhui Jinqu No. 1 Private Securities Investment Fund a fund managed by Yu Hui ( Shanghai ) Investment Management Ltd., for 4,440,154 shares for CNY 22,999,997.72, Fang Ziyue for 2,123,552 shares for CNY 10,999,999.36, Yu Zhuxian, 1,930,501 shares for CNY 9,999,995.18, Xie Huiming for 1,932,432 shares for CNY 10,009,997.76, Zhou Xingang for 2,162,162 shares for CNY 11,199,999.16, returning investir Tongyi Baihe No. 8 Private Securities Investment Fund a fund managed by Shanghai Tongyi Investment Management Co., Ltd. for 6,779,922 shares for CNY 35,119,995.96, Tongyi Xiangyang No.

2 Private Securities Investment Fund a fund managed by Shanghai Tongyi Investment Management Co., Ltd for 3,861,003 shares CNY 19,999,995.54, Ningbo Pengyuan Asset Management Co., Ltd. for 3,861,003 shares for CNY 19,999,995.54, Xia Tongshan for 4,247,104 shares for CNY 21,999,998.72, Yang Herong for 1,930,501 for CNY 9,999,995.18, Chen Liming for 3,281,853 for CNY 16,999,998.54, Feng Yudong for 2,509,652 shares for CNY 12,999,997.36, Lin Dachun for 1,930,501 shares for CNY 9,999,995.18, Wu Xianbin 1,930,501 shares for CNY 9,999,995.18, Jin Hongyan for 1,930,501 shares for CNY 9,999,995.18, Hong Quanshi for 1,930,501 shares for CNY 9,999,995.18 and Zhong Liming for 9,641,902 for CNY 49,945,052.36. The company received net proceeds of CNY 329,557,841.84. Post the transaction, Wu Tifang owns 113,440,509 shares, accounting for 39.55% stake; Zhou Xingang owns 8,193,162 shares, accounting for 2.86% stake; Tongyi Baihe No.

8 Private Securities Investment owns 6,779,922 shares, accounting for 2.36% stake; Yuhui Jinqu No. 1 Private Securities Investment Fund owns 4,440,154 shares, accounting for 1.55% stake and Xia Tongshan owns 4,247,104 shares, accounting for 1.48% stake.