THE INITIAL IPO REQUEST IS OPEN TO UO TECHNOLOGY. THE MARKET ESTIMATES THE IPO MARKET VALUE TO BE OVER $40 BILLION

AS PREVIOUSLY ANNOUNCED, ON 5 AUGUST, THE INITIAL IPO REQUEST DATE WAS CREATED FOR THE WOOTREE SCIENCE AND TECHNOLOGY SECTION, AND UPON COMPLETION OF THE REQUEST, THE REQUISITION WILL BE OPENED ON 10 AUGUST, BOTH ONLINE AND OFFLINE, ON 10 AUGUST, AND THE PAYMENT DEADLINE IS 12 AUGUST. IT IS PROPOSED TO RAISE 4202 MILLION YUAN FOR A NEW PUBLIC DISTRIBUTION UNIT OF 40.444 MILLION, REPRESENTING 10% OF THE TOTAL POST-ISSUE EQUITY CAPITAL, AND 404 MILLION OF THE TOTAL POST-ISSUE EQUITY. THE MARKET ESTIMATES THAT THE MARKET VALUE OF THE IPO WILL BE OVER $40 BILLION. BASED ON THE ESTIMATED MARKET VALUE OF 500 SHARES OF THE NEW IPOS AND THE ESTIMATED MARKET VALUE OF THE DISTRIBUTION, THE IPOS WILL BE ISSUED AT APPROXIMATELY $104/EQUITY, WITH AN APPROXIMATE CONTRIBUTION OF $52,000 FOR A NEW ONE, BUT THE SPECIFIC IPO DEVIATION REMAINS TO BE DETERMINED BY MARKET PARTICIPANTS. ♪ LOOK AT THE MONEY ♪