Almado Inc. and Ant Capital Partners Co., Ltd.Announcement of 
capital and business alliance

We would like to express our sincere gratitude for your continued patronage.

On September 29, 2017, our company entered into a capital and business alliance with a fund managed by Ant Capital Partners Co., Ltd. (hereinafter referred to as "Ant Capital"), and we will receive general management support from Ant Capital.

Through this capital and business alliance with Ant Capital, we aim to further strengthen our management base and governance system, expand our business operations, and all of our employees will work hard to achieve our growth strategy. We would like to express our deepest gratitude to all of you for your continued patronage over the years.