Chengdu XianDao: Using its own funds of 40 million yuan to increase investment in MoSheng Intelligent.

Chengdu Xiandao announced that it will use its own funds of 40 million yuan to increase its investment in Mosont Intelligent, subscribing to its newly increased registered capital of 6.2449 million yuan. After the capital increase is completed, Rongchuang Xiandao Fund will acquire 51% of the equity of the target company and become the controlling shareholder of the target company.