About BAIJIN LIFE SCI Company

Qiantang Holdings Limited (the “Company”) and its subsidiaries (collectively, the “Group”) are mainly engaged in the procurement, processing, design, production and wholesale distribution of pearl and jewelry products, as well as strategic investment and financial services. Their goals include investing in real estate agency business and real estate investment funds, as well as other potential investment opportunities. The Company was spun off from Minsheng International Limited on October 17, 2014 and listed on the main board of the Hong Kong Stock Exchange Limited (“Stock Exchange”) in the form of an introduction. The stock code is 1466. In March 2017, the company changed its name from Minsheng Jewelry Holdings Co., Ltd. to Qiantang Holdings Co., Ltd. The Group is one of the world's largest pearl traders, pearl buyers and processors. The processing and production of pearls and jewellery are carried out at the Group's production facilities in Shenzhen, People's Republic of China (“China”). In the current financial year, the Group maintained its investments in the co-working space industry, which were included in the Strategic Investments and Financial Services Operations segment. The Group will continue to explore new business opportunities with a view to maximizing shareholder value in the future.