Hello, I'd like to ask the major shareholder why he transferred his equity at a high premium to the private placement he was in charge of. In order to get more funds for the company's development, the major shareholders transfer their shares to their private placements at a high premium. The specific reasons are as follows:

1. Shareholders transfer the original shares to their private equity funds through block transactions. Because private equity funds are also held by major shareholders, it is still necessary to announce whether private equity funds will be sold later or by major shareholders, because the total number of shares held by concerted parties exceeds 5%.

2. The major shareholder holds the original shares, and the original listing needs to pay capital gains tax, so it is necessary to increase the registered capital and net assets, and the increased registered capital and net assets can also be used for capital increase and share expansion.

3. The major shareholder transfers the equity in order to meet the company's business needs and get more financial support.