BUUU Group Announces 10-for-1 Forward Share Split

BUUU Group Limited, or BUUU, is a holding company incorporated in British Virgin Islands (“BVI”). BUUU is not a Chinese or Hong Kong operating company but is a holding company incorporated in the BVI. As a holding company with no material operations, BUUU conducts all of its operations through its operating entities, BU Creation Limited (“BU Creation”) and BU Workshop Limited (“BU Workshop”) (collectively, the “Operating Subsidiaries”), both of which are companies incorporated in Hong Kong. Investors in our Class A Ordinary Shares should be aware that they will not and may never directly hold equity interests in the Operating Subsidiaries, but rather purchasing equity solely in BUUU, the BVI holding company. This structure involves unique risks to the investors, and the PRC regulatory authorities could disallow this structure, which would likely result in a material change in our operations and/or a material change in the value of the securities BUUU is registering for sale, including that such event could cause the value of such securities to significantly decline or become worthless.