On August 8, 2024, Yan Zhi Wu announced that its investment target, PT. ESTA INDONESIA, had successfully completed its initial public offering and listing on the Indonesian Stock Exchange. Yan Zhi Wu subscribed to the shares offered to the public by PT. ESTA, with a total investment of approximately $2.5 million. PT. ESTA is a company specializing in bird's nest trading and industry, and is the first upstream bird's nest raw material supplier to be listed on the Indonesian Stock Exchange and one of China's largest bird's nest exporters. This listing will help PT. ESTA consolidate its leading position in the industry and accelerate its development. Yan Zhi Wu has established a long-term relationship with PT. ESTA since 2015 and was the main investor in this IPO. The board of directors believes that this investment will benefit both parties' international cooperation and is in line with the overall interests of the company and shareholders. According to listing rules, this investment does not constitute a disclosable transaction.

On August 8, 2024, Yan Zhi Wu announced that its investment target, PT. ESTA INDONESIA, had successfully completed its initial public offering and listing on the Indonesian Stock Exchange. Yan Zhi Wu subscribed to the shares offered to the public by PT. ESTA, with a total investment of approximately $2.5 million. PT. ESTA is a company specializing in bird's nest trading and industry, and is the first upstream bird's nest raw material supplier to be listed on the Indonesian Stock Exchange and one of China's largest bird's nest exporters. This listing will help PT. ESTA consolidate its leading position in the industry and accelerate its development. Yan Zhi Wu has established a long-term relationship with PT. ESTA since 2015 and was the main investor in this IPO. The board of directors believes that this investment will benefit both parties' international cooperation and is in line with the overall interests of the company and shareholders. According to listing rules, this investment does not constitute a disclosable transaction.