6610 2452432333436373849 89 Nexus WayCamana BayGrand CaymanKY1-9009Cayman Islands 38 3485 Ogier Global (Cayman) Limited 89 Nexus WayCamana BayGrand CaymanKY1-9009Cayman Islands 1617 •88135 1533 6610 www.flowingcloud.com 16 6E1 101 AR/VRAR/VRAR/VR 2023SaaS2023 599.026.6%196.132.7%32.7%116.341.4%19.4% AR/VR424.825.3%AR/VRAR/VR22.86%22.93% AR/VR146.629.8%AR/VR202251.47%202353.91% AR/VR SaaS26.935.7%AR/VR SaaS202258.95%202375.56% AR/VR202342.8 To BGAR/VR—2023 To BTo CAR/VRIP300MCNBAAAAA 2023202371472,497,000 2023820307,000-9,00070%20232 20236MRAR/VR (AIGC)AIGC3D 3D 202328.269.0%FT-EngineAIGCAI3D10-20%AIAI--SaaSAI 3DAR/VR 2023AR/VRWeb3.0 AR/VRAR/VR2022630473.126.6%2023630599.0AR/VRAR/VRAR/VR AR/VR AR/VRAR/VRAR/VR2022630339.025.3%2023630424.8AR/VR202276202393AR/VR2023202213.0202317.7 AR/VRAR/VR AR/VR30.863.3AR/VR20222.7202326.5 AR/VR AR/VRAR/VR2022630113.029.8%2023630146.6AR/VR202223202335AR/VR202252202373VRAR/VR AR/VRAR/VR 202286.72023101.5(i)(ii) AR/VR SaaS AR/VR SaaSAR/VR SaaSAR/VR SaaSAR/VR SaaS202263019.835.7%202363026.9 20226301.353.3%20236300.6AR/VR (i)AR/VR(ii)AR/VRAR/VR SaaS(iii)AR/VRPGC 2022630325.423.8%2023630402.9AR/VRAR/VRAR/VRAR/VRPGC AR/VR AR/VR2022630261.32023630327.7AR/VR AR/VRAR/VR AR/VR AR/VR202263054.8202363067.6AR/VR AR/VRAR/VR 2022630147.732.7%2023630196.1202231.2%202332.7%AR/VRAR/VR SaaSAR/VR 20222023630AR/VR22.9% AR/VR202263051.5%20236 3053.9% AR/VR SaaS202263059.0%202363075.6% 202263010.1%202363073.5% 20226301.4162.6%20236303.6 20220.120231.8 20222.8202319.6 (i)(ii)(iii)(iv)(v)20226306.26.7%20236305.8 (i)(ii)(iii)20226309.5106.0%202363019.6(i)(ii) (i)(ii)(iii)20226 3016.769.0%202363028.2(i)(ii)2023630 20236302022 20226301.356.1%20236302.1 202263024.474.3%20236306.320236305.1% 2023630116.3202263082.241.4%202217.4%202319.4% (i)IP(ii)2022123147.9202363081.7 (i)AR/VR SaaS(ii)AR/VR202212311.7202363012.7PGC SaaSSaaS20236302022630 AR/VRAR/VR20236302022630 AR/VRAR/VRAR/VR SaaS 20221231375.52023630518.4 (i)AR/VR(ii)AR/VR(iii)SaaS(iv) 20221231485.52023630494.9 (i)(ii)(iii)(iv)(v) 20221231139.62023630183.2 AR/VRAR/VRAR/VR SaaS 2022123167.7202363030.6202363062.1 2022123180.02023630102.0 202363016 20236305.8202212315.9 2023630 2023630376.3 57.1(i)(ii)(iii) 2023630 100% 20236302023630 2023630 202363015965%202363031,426,0003.50%140,781,1792023630122.920236 307.5%30.120221,258.3162.21.6AR/VRAR/VR 13.51(2)(a)(e)(g)13.51(B)2022 2023630122 20221018531.9 2023630 2023630 202298181,000,000202363010% 2023630XVXV78352 (1)Brainstorming Cafe Limited42.21%Brainstorming Cafe LimitedWanglei Co., Ltd.26.16%Cyber Warrior Holdings Limited61.05%LYH. Ltd.12.79%Wanglei Co., Ltd.LYH. Ltd.Cyber Warrior Holdings LimitedVistra Trust (Singapore) Pte. LimitedVistra Trust (Singapore)Pte. LimitedWanglei Co., Ltd. 20211213 (1)40.88%(2)5.92% 2023630XVXV78352 18 2023630XV23336 (1)Brainstorming Cafe Limited42.21%Brainstorming Cafe LimitedWanglei Co., Ltd.26.16%Cyber Warrior Holdings Limited61.05%LYH. Ltd.12.79%Wanglei Co., Ltd.LYH. Ltd.Cyber Warrior Holdings LimitedVistra Trust (Singapore) Pte. LimitedVistra Trust (Singapore)Pte. LimitedWanglei Co., Ltd. 20211213 (2)Cyber Warrior Holdings LimitedVistra Trust (Singapore) Pte. LimitedVistra Trust (Singapore) Pte. LimitedWanglei Co., Ltd. 2023630XV23336 202371472,497,00072,497,0001.782023714 (http://www.hkexnews.hk)(http://www.flowingcloud.com) C.2.1 () 33482023630343434 24102410 34 20226302410 • 2023828 2023630 20236 30 2023630 2023630 2023630 1. 20216 2489 Nexus Way, Camana Bay, Grand Cayman,KY1-9009, Cayman Islands38 AR/VRAR/VR BVIBrainstorming Cafe Limited 20221018 2. 3416 3. 202363020221231 2023630 3. 202311 1720206202112178121212 — 3.112 2023111220231231 1 2 4. 2023630 5. 202363020221231 7. 8. 202212312022630202263025%2022123150%202363020231231 9. 202363020226 3020236302022630 10. 2023630 10. 17202211 20232022630 11. 202363032,354,00014,151,00020226308,268,00028,302,000AR/VR SaaSAR/VR35 12. 32,103,00035,573,000 2023630 14. 15. 15. 16. 202363075,000,000202263048,000,00020236305,000,0002022123120,000,0004.45%202212314.45%5.35%97,000,0002022123160,000,0004.00%5.80%202212313.85%5.50% 2023630 17. 202210182.210.00001271,500,000 1,422,382,19020221017 18. 19. 20. 202371472,497,00020229 872,497,0000.000011.782023714 *