Welife Technology Limited (Hong Kong) (Hong Kong SAR, China)

Welife Technology Limited is a Hong Kong-based company that was incorporated on July 1, 2011. It was established as a joint-stock limited company through the overall change of Yapu Limited. Yapu Limited's shareholders approved the resolution to change to a joint-stock limited company on April 8, 2011, during the third extraordinary shareholders' meeting of 2011. On April 28, 2011, all shareholders of Yapu Limited signed the "Founder Agreement," agreeing to convert the audited net assets of RMB 681,680,537.46 as of November 30, 2010, into 450,000,000 shares of stock at a ratio of 1:0.6601. The excess net assets were included in the capital surplus. Welife Technology Limited obtained its "Enterprise Legal Person Business License" (Registration No.: 321091000001816) from the Yangzhou Administration for Industry and Commerce on July 1, 2011.