THE WOW TREE TECHNICIAN'S WAGE MANAGEMENT PLAN IS TO BE PART OF THE IPO STRATEGIC DISTRIBUTION, AND WANG HING XING HAS COMMITTED 15 MILLION

On 30 July, in a letter of intent for the first public distribution of shares and listing of shares on the founding boards of science and technology, it was revealed that senior management and core staff of the company intended to participate in the distribution strategy, through the asset management plan, which would involve no more than 10 per cent of the size of the distribution, i.e., 404.4643 million shares of the distribution, and that the final strategic allocation would be determined after determining the distribution price. Of this total, the fund raised under the NAST-1 project was fully used for participation in this strategy, which is to pay $218.5 million. EMP-2 raised all the funds to participate in this strategy, which is to pay 53 million yuan. According to the list, the number of participants in the project is 161, such as Wang Mau, the financial director, and 10, such as Wang Heung Heung, the director of the project, of whom Wang Heung Heung pledged $15 million。