Shenzhen Aiyoupin E-Commerce Co., Ltd. announced that it has entered into capital increase agreement and shareholders agreement to receive CNY 49,000,000 in an equity round of funding on January 21, 2021. The transaction will include participation from new investors, Shenzhen Aisidi Co., Ltd. (SZSE:002416) for CNY 39,000,000 for 39% stake and Guangdong Xinlian Investment Consulting Partnership for CNY 10,000,000 for 10% stake. Post to the transaction, Alibaba (China) Technology Co., Ltd. will hold 51% stake in the company. Prior to the transaction, the registered capital of the company is CNY 51,000,000. The transaction has been reviewed and approved at the 14th temporary meeting of the 5th board of directors and the 15th temporary meeting of the 5th board of supervisors of Shenzhen Aisidi Co., Ltd. (SZSE:002416) and needs to be submitted to its shareholders meeting for deliberation. The investors shall make the payment within 5 working days from the date of receiving the notification from the company.