JuNeng Technology ^{Filed Terms, Nasdaq: NENG}

The operating entity has established itself as a digital marketing solution provider in China, offering solutions that cater to customers in a variety of industries. The operating entity does not limit its services to specific regions and prides itself on its ability to adapt and cater to the needs of clients across the PRC. One of the operating entity’s key competitive advantages is its ability to analyze the performance of short video ads. This capability is powered by its proprietary “Lucky Short Video Intelligent Data Analysis System” (i.e. the Lucky System) which examines the efficiency of different visual elements used in ads, and how various scripts, content choices, actors, stories, and styles impact ad performance. The real-time data will be useful for reviewing the performance and effectiveness of the operating entity’s ad placements and will enable it to adjust the ad placements for better marketing results. The operating entity has developed partnerships with authorized third-party agents of leading media platforms, such as Tencent (operating WeChat and QQ), ByteDance (operating Douyin) and various emerging social media channels, through which the operating entity places ads for its customers and regards as its suppliers. This network enables it to expand the visibility and effectiveness of its clients’ campaigns across popular media platforms.