The
table below sets forth the major related parties and their relationships with the Group as of March 31, 2024 and December 31, 2024:
SCHEDULE OF TABLE SETS FORTH THE MAJOR RELATED PARTIES AND THEIR RELATIONSHIPS WITH THE GROUP
| Name
of related parties |
|
Relationship
with the Group |
| |
|
|
| Joy
Capital |
|
Preferred
shareholder before March 27, 2024 and non-controlling shareholder since March 27, 2024 |
| NIO
Capital |
|
Preferred
shareholder before March 27, 2024 and Principal Shareholder since March 27, 2024 |
| Pintu
Beijing |
|
Significantly
influenced by Principal Shareholder |
| Lightwind
Global Limited (“Lightwind”) |
|
Significantly
influenced by Principal Shareholder |
| Xin
Gao Group Limited |
|
Non-controlling
shareholder, controlled by Mr. Kun Dai, chairman and chief executive officer of the Company |
| Mr.
Kun Dai (i) |
|
Chairman
and chief executive officer of the Company |
| (i) | | On February 22, 2024, the
Company entered into a one-year 1 loan agreement with Mr. Kun Dai, pursuant to which the Company
borrowed RMB7.0
million from Mr. Kun Dai at an annual interest rate of 6%.
As of December 31, 2024, the remaining balance of the loan is RMB1.0
million, and it is recorded as “Short-term borrowing from related party” in the Consolidated Balance Sheets. |
|