Shenzhen Easy Quick Technology Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 42,000,000 on August 23, 2021. The transaction will include participation from Shenzhen ESUN Display Co.,Ltd. As a result, the registered capital of the company will increase by CNY 9,428,800, and the investor will own 15% stake in the total share capital of the company. The transaction has been approved at the eighth meeting of the fourth board of directors of the investor.