Guangfa Securities: the subsidiary intends to purchase no more than 20.2% of the shares in the Hui Group at a total consideration of less than 1 billion yuan.

[Guangfa Securities: the subsidiary intends to purchase no more than 20.2% of the shares of the Group at a total consideration of less than 1 billion yuan] the wholly-owned subsidiary Guangfa Holdings (Hong Kong) Co., Ltd. intends to purchase no more than 20.20% of the shares of the Group at a total consideration of less than 1 billion yuan. As of the date of disclosure of this announcement, the parties to this transaction have signed an equity purchase agreement.