On April 17, 2018, with the support of the team of Gao Wei (a senior partner of ZhongYin), the application for the initial public offering in 2018 of Guangdong Xinnongren Agricultural Technology Co., Ltd. (stock short name Xinnongren, stock code 872242) was approved by the National Equities Exchange and Quotations Co., Ltd., and a consent to its “Listing in Share Transfer System” ([2018] No. 1439) was granted.

Xinnongren was listed on the National Equities Exchange and Quotations in February 2017. It mainly engages in distribution and sales of vegetables, aquatic products, fresh meat, poultry and other commodities. In the initial public offering, no more than 5,010,000 shares will be issued for raising a capital no more than RMB 10,020,000 in total.