1.Date of occurrence of the event:2025/02/25
2.Company name:Fuzhou Spring Investment Corp., Ltd (Fuzhou Spring)/ Topbi Children Apparel Co., Ltd(Topbi Children)/ Topbi (China) Fashion Corp., Ltd(Topbi China)
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):subsidiaries
4.Reciprocal shareholding ratios:The company directly holds Topbi Children, Topbi Children directly holds Fuzhou Spring, Fuzhou Spring directly owns 100% of Topbi China
5.Cause of occurrence:The following adjustments have been made to the group structure to meet actual operational needs:
a.Fuzhou Spring transferred 100% of the equity of Topbi China to its subsidiary Topbi Children
b.Topbi Children transferred 100% equity interest in Fuzhou Spring to its subsidiary, Topbi China
The transfer transaction of priceless payment is a structural adjustment within the group. Disposal gain or loss has no impact on the shareholders’ equity of the company
6.Countermeasures:The Board of Directors of the Company approved and authorized the Chairman to make the structural adjustment.
7.Any other matters that need to be specified (the information disclosure also meets the requirements of Article 7, subparagraph 9 of the Securities and Exchange Act Enforcement Rules, which brings forth a significant impact on shareholders rights or the price of the securities on public companies.): NA