Nine Ding Investment: Subsidiary Capitalizes Nine Tai Fund by 20.5 Million Yuan.

Announcement of Jiuding Investment: Kunwu Jiuding Investment Management Co., Ltd., a wholly-owned subsidiary of the company, intends to increase the capital of its investee company Jiutai Fund Management Co., Ltd. by 60 million yuan together with its indirectly controlled shareholder Tongchuang Jiuding Investment Management Group Co., Ltd. and affiliate Lhasa Kunwu Jiuding Industrial Investment Management Co., Ltd. Among them, Kunwu Jiuding will contribute 20.5 million yuan, Jiuding Group will contribute 19.75 million yuan, and Lhasa Kunwu will contribute 19.75 million yuan. After the capital increase, the registered capital of Jiutai Fund will increase from 342 million yuan to 378 million yuan.