Yi Po International Holdings ^{Withdrawn, Nasdaq: YBZN}

Yi Po Holdings, through its Affiliated Entities, provides intelligent parking management systems and intelligent parking lot gate products in the PRC. At present, we have installed our intelligent parking management system in approximately 81 parking lots across 21 cities in China, including 9 parking lots self-operated by us. Through our VIE in China, our intelligent parking management system is widely-used in the self-operated parking lots business and the cooperatively operated parking lots business, which is an electronic network system with automatic vehicle login, entrance and exit authentication, monitoring, and charging management functionalities. Through our VIE, we launched a national network parking platform that provides vehicle owners with diverse services such as parking space search, navigation guidance, touchless payment, membership discounts, and owner’s car search, to provide convenient parking experiences to vehicle owners. We also provide intelligent parking lot gate products, which combine our intelligent parking software system with electromechanical products (i.e. ordinary parking lot gate). We have a broad marketing network in China, and have established cooperative relationships with 39 regional dealers who provide marketing and promotion services nationwide.