Chengdu Wintrue Holding Co., Ltd. announced a share subscription agreement to issue not more than 303,030,000 shares of class A for gross proceeds of not more than CNY 2,500,000,000 on January 13, 2022. The transaction will include participation from no more than 35 investors including Mou Jiayun for not less than CNY 200,000,000. The shares shall be issued at issue price of not lower than 80% of the company's average stock price in the 20 trading days prior to the pricing base date.

The shares to be issued shall have a hold period of 18 months from the closing of the transaction if Mou Jiayun and her party acting increase their holdings in the company by no more than 2% of the company's issued shares and 36 months if Mou Jiayun and her party acting increase their holdings in the company by more than 2% of the company's issued shares 12 months before the closing of the transaction. The shares subscribed by other investors in this offering shall not be transferred within 6 months from the closing of the transaction. The transaction has been approved at the thirty-first meeting of the fifth board of directors and needs to be submitted to the company's general meeting of shareholders and China Securities Regulatory Commission.