Establishing a new company, including integrated circuit sales business, by Zhi Shang Technology and others.

According to the Qi Cha Cha APP, Shenzhen Zhimei Nuo Technology Co., Ltd. was recently established, with Liu Rongzhen as the legal representative. Its business scope includes sales of metal products, rubber products, communication equipment, electronic products, integrated circuits, electrical accessories, etc. According to the equity penetration of Qi Cha Cha, the company is jointly owned by Shenzhen Zhishangxin Technology Development Co., Ltd., a wholly-owned subsidiary of Zhi Shang Technology, and Shanghai Zai Guangxing Technology Co., Ltd.