GuangZhou 3e Network Technology Company Limited has finalized an equity transfer agreement involving the transfer of its underlying equity to HongKong Techfaith Limited. All conditions precedent to the change have been satisfied, and the agreement has been signed by authorized representatives of the involved parties, including 3e Network Technology Company Limited as the transferor and GuangZhou 3e Network Technology Company Limited as the target company. The agreement, written in Chinese, includes annexes that form an integral part of the contract.

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