Pegasus International announced that recently, the company learned from Pegasus Investment Manager Beijing Zhonglun (Shenzhen) law firm and query JD auction platform that Pegasus investment manager will conduct a public auction of 8865746 million shares of the company held by Pegasus investment on JD auction platform from 10:00 on May 15, 2022 to 10:00 on May 16, 2022 (except for delay).