Friend Co. Ltd. Class ASSE: 605050

Indicative Announcement on Changes in the Shareholding of Person Acting in Concert of the Controlling Shareholders and Actual Controllers, and Shareholders Holding More than 5% of the Shares Reaching the 1% and 5% Scales and the Disclosure of Simplified Report on Change in Equity

· Issued by Friend Co. Ltd. Class A via Shanghai Stock Exchange
Indicative Announcement on Changes in the Shareholding of Person Acting in Concert of the Controlling Shareholders and Actual Controllers, and Shareholders Holding More than 5% of the Shares Reaching the 1% and 5% Scales and the Disclosure of Simplified Report on Change in Equity

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