Gaoke Bridge: Proposes to issue 48.367 million shares at a price of 1.85 Hong Kong dollars per share to acquire assets.

Gaoke Bridge announcement, intends to issue 48.367 million new shares at a price of HK$1.85 per share, to acquire 100% equity of the target company Haomin Investment Holdings Limited. The transaction consideration is HK$78 million. At the same time, the company plans to revise the non-compete agreement with Futong China and sign a total sales agreement with a Hangzhou company, specifying the sales limit for the next three years. After the completion of the transaction, the company will hold a 51% stake in the Hangzhou company, while Futong China will hold a 49% stake. This transaction is subject to approval by a special shareholder meeting.