Represented Pitanium Limited in its Initial Public Offering

Represented Pitanium Limited, a Hong Kong-based beauty products retailer focusing on beauty and personal care products, in its initial public offering of a total of 1,922,500 shares (inclusive of a partial overallotment of 172,500 shares), excluding any shares that may be further issued pursuant to the exercise of the underwriter's over-allotment option, at a price of $4.00 per share on the Nasdaq Capital Market.