According to Jia Rong Technology's announcement, the company plans to issue shares to purchase 100% of the shares of Hangzhou Lanran Technology Co., Ltd. held by 19 counterparties including Xiamen Puyu, and raise supporting capital by issuing shares from Xiamen Puyu. On July 3, the company received an audit inquiry letter from the Shenzhen Stock Exchange, and completed the response after carrying out verification, analysis and research with intermediaries. The company revised the relevant draft report and its summary. The transaction still needs to be reviewed by the Shenzhen Stock Exchange and approved by the Securities Regulatory Commission. There is uncertainty about whether and when it will pass.

According to Jia Rong Technology's announcement, the company plans to issue shares to purchase 100% of the shares of Hangzhou Lanran Technology Co., Ltd. held by 19 counterparties including Xiamen Puyu, and raise supporting capital by issuing shares from Xiamen Puyu. On July 3, the company received an audit inquiry letter from the Shenzhen Stock Exchange, and completed the response after carrying out verification, analysis and research with intermediaries. The company revised the relevant draft report and its summary. The transaction still needs to be reviewed by the Shenzhen Stock Exchange and approved by the Securities Regulatory Commission. There is uncertainty about whether and when it will pass.