Philosophy of Beijing Donghua Hechuang Digital Technology Co.

Beijing Donghua Hechuang Digital Science and Technology Co., Ltd. is a joint venture initiated by three legal entities, including Beijing Donghua Chengxin Computer Technology Development Co. Ltd. was established on the basis of the former Beijing Donghua Hechuang Digital Technology Co. The registered capital of the Company is RMB129,355,030, the registered address is located at Room 301, Pan Asia Building, No. 128 Zhichun Road, Haidian District, Beijing, the legal representative: Xue Xiangdong, and the business license of the enterprise legal person is "No. 11". The predecessor of the Company, Beijing Donghua Hechuang Digital Technology Co., Ltd. was a limited liability company established in January 2001 with a registered capital of RMB 37 million. on December 21, 2001, the Beijing Municipal People's Government's Economic System Reform Office issued the document "On the Agreement on Beijing Donghua Hechuang Digital Technology" with the text "Beijing Municipal Governmental System Reform and Shareholding Letter No. 69 [2001]. On 21 December 2001, upon the approval of Beijing Municipal People's Government Economic System Reform Office with "Notice on Agreeing to the Change of Beijing Donghua Hechuang Digital Technology Company Limited to Beijing Donghua Hechuang Digital Technology Co. By the vote of the 2002 annual shareholders' meeting held in March 2003, the company distributed bonus shares to all shareholders of the company at a ratio of 10 to 1 on the basis of the total share capital of RMB 48,562,500 as of December 31, 2002, increasing the share capital by RMB 4,856,250,000 yuan. After the completion of the capital increase, the share capital of the company increased to RMB53,418,750,000. By the vote of the 2004 Annual General Meeting of the Company held in March 2005, the Company distributed bonus shares to all shareholders of the Company at a ratio of 10:1 on the basis of the total share capital of RMB 53,418,750,000 as at December 31, 2004, ***increasing the share capital by RMB 5,341,875,000 yuan. After the completion of the capital increase, the share capital of the company increased to RMB58,760,625,000. By the vote of the 2005 Annual General Meeting of the Company held in May 2006, the Company distributed bonus shares to all shareholders of the Company at a ratio of 10:1 on the basis of the total share capital of RMB 58,760,625,000 as at December 31, 2005, increasing the share capital by RMB 5,876,062,000***. After the completion of the capital increase, the share capital of the Company increased to RMB64,636,687,000. In August 2006, in accordance with the provisions of the Notice on Approval of the Initial Public Offering of Beijing Donghua Hechuang Digital Technology Co. On August 16, 2006, the Company completed the initial public offering of 21,600,000 RMB ordinary shares [A shares] to domestic investors (at an offering price of RMB14.50 per share). After the above share change, the share capital of the Company was RMB 86,236,687,000. By the vote of the 2006 annual general meeting held in May 2007, the company increased its share capital by RMB 43,118,343,000 by capitalization of capital surplus in the ratio of 10 to 5, based on the total share capital of RMB 86,236,687,000 as of December 31, 2006***. After the completion of the capital increase, the share capital of the company increased to RMB 12,935.503 million.