In 2022, the Company renewed a strategic cooperation agreement with Tencent Holdings Limited (“Tencent”) originated in 2019 for three years. As part of the total consideration, the Company agreed to issue a certain number of the Company’s Class A ordinary shares as the consideration of up to US$220 million at prevailing market prices at certain dates to Tencent to exchange its traffic support services during the three-year period, of which 2,164,236, 3,761,270 and 4,119,434