Galleinphi ^{Filed Terms, Nasdaq: GALE}

Galle Cayman is an offshore holding company incorporated in the Cayman Islands. Galle Cayman is a holding company with no material operations. The VIE and its subsidiaries are conducting wholesale businesses primarily involving electronic equipment, including (i) mobile devices, (ii) televisions, (iii) air conditioners, and other high-demand electronics in the market. From time to time, the VIE and its subsidiaries also sell other products which mainly include medical supplies, furniture, non-metallic mineral products and other items. Leveraging the strategic relationships with upstream and downstream enterprises, the VIE and its subsidiaries can navigate price fluctuations and ensure the ability to meet customers’ substantial demands for electronic devices and home appliances. The experienced sales and marketing team has helped establish and maintain stable relationships with the suppliers and customers while developing systematic strategies to monitor price fluctuations. Leveraging their expertise, the VIE and its subsidiaries strive to diversify the product portfolio and solidify the position in the wholesale chain of valuable electronic products. The VIE and its subsidiaries’ main products include Apple branded mobile devices, Xiaomi branded televisions, Midea branded air conditioners and Xiaomi smartphones.