Alpha Group(002292) : progress announcement on the sale of wholly-owned subsidiaries

Securities code: 002292 securities abbreviation: Alpha Group(002292) Announcement No.: 2022-004 Alpha Group(002292)

Progress announcement on the sale of wholly-owned subsidiaries

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

1、 Basic information of transaction

Alpha Group(002292) (hereinafter referred to as “the company”) held the 24th Meeting of the 5th board of directors on November 18, 2021, deliberated and adopted the proposal on selling wholly-owned subsidiaries, It is agreed that the company will transfer 100% equity of its wholly-owned subsidiary Beijing April Star Network Technology Co., Ltd. (hereinafter referred to as “Youqi” or “April star”) to Shanghai magic power information technology Co., Ltd. (hereinafter referred to as “Shanghai magic power”) with RMB 600000000. According to relevant laws and regulations, this transaction does not constitute a major asset reorganization as stipulated in the administrative measures for major asset reorganization of listed companies, does not constitute a connected transaction, does not need to be approved by relevant departments, and does not need to obtain the consent of creditors and other third parties. For details, please refer to the company’s website (www.cn. Info. Com. CN.) on November 20, 2021 Announcement on the sale of wholly-owned subsidiaries (Announcement No.: 2021-076) disclosed by securities times, China Securities News, securities daily and Shanghai Securities News. 2、 Transaction progress

As of the disclosure date of this announcement, the company has completed the delivery of relevant assets and the industrial and commercial registration of changes in April star’s equity in accordance with the equity transfer agreement, and has received all the consideration paid by Shanghai magic power for this transaction, totaling RMB 60 million.

It is hereby announced

Alpha Group(002292) board of directors

February 18, 2002

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