Soho Huihong announced that it plans to carry out an asset exchange transaction with the controlling shareholder Soho Holdings to purchase a total of 2.33% of Zijin Financial Insurance's shares. The transaction price is 262 million yuan. This transaction constitutes a related transaction and does not constitute a major asset restructuring as stipulated in the “Administrative Measures on Major Asset Reorganization of Listed Companies”. The share transfer price payable by the company to Soho Holdings is first listed as the company's other payables to Soho Holdings. After all asset replacement transactions have been settled, the company and Soho Holdings will make the final settlement of the transaction. In this transaction, the company shall pay the share transfer price of Asian-European Internet in cash. The transaction still needs to be submitted to the company's shareholders' meeting for review, and related shareholders need to avoid voting.

Soho Huihong announced that it plans to carry out an asset exchange transaction with the controlling shareholder Soho Holdings to purchase a total of 2.33% of Zijin Financial Insurance's shares. The transaction price is 262 million yuan. This transaction constitutes a related transaction and does not constitute a major asset restructuring as stipulated in the “Administrative Measures on Major Asset Reorganization of Listed Companies”. The share transfer price payable by the company to Soho Holdings is first listed as the company's other payables to Soho Holdings. After all asset replacement transactions have been settled, the company and Soho Holdings will make the final settlement of the transaction. In this transaction, the company shall pay the share transfer price of Asian-European Internet in cash. The transaction still needs to be submitted to the company's shareholders' meeting for review, and related shareholders need to avoid voting.