Exhibit 99.1

SELECTED HISTORICAL FINANCIAL INFORMATION
OF TIANJIN YIERYI TECHNOLOGY CO., LTD. (AKA HONGLE)

The data below as for the years ended December 31, 2020 has been derived from Hongle’s audited consolidated financial statements* for such year, which are included elsewhere in this prospectus. The data for the nine-month periods ended September 30, 2021 has been derived from Hongle’s audited consolidated financial statements* for such periods, which are included elsewhere in this prospectus. Hongle’s consolidated financial statements* are prepared and presented in accordance with U.S. GAAP.

Hongle’s historical results are not necessarily indicative of results to be expected for any future period. The information is only a summary and should be read in conjunction with Hongle’s consolidated financial statements* and related notes.

Summary Consolidated Balance Sheets

	As of December 31,						As of September 30,
	2020*			2020*			2021*			2021*
(Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”)	RMB			US$			RMB			US$
Cash and cash equivalents	¥	5,629		$	863		¥	1,605		$	249
Accounts receivable, net		875			134			1,602			249
Total current assets		19,549			2,996			13,064			2,028
Total non-current assets		443			68			363			56
TOTAL ASSETS		19,992			3,064			13,427			2,084
Accounts payable		1,435			220			1,598			248
Deferred revenue		5,571			854			5,583			866
Total current liabilities		114,400			17,533			97,847			15,186
TOTAL LIABILITIES		114,400			17,533			97,847			15,186
Total deficits		(94,408	)		(14,469	)		(84,420	)		(13,102	)
TOTAL LIABILITIES AND DEFICITS	¥	19,992		$	3,064		¥	13,427		$	2,084

Summary Consolidated Statement of Operations

	For year ended December 31,						For the nine months ended September 30,
	2020*			2020*			2021*			2021*
Amounts in thousands of RMB and US$	RMB			US$			RMB			US$
Total revenue	¥	169,280		$	25,943		¥	126,511		$	19,634
Cost of revenues		(138,768	)		(21,267	)		(107,285	)		(16,650	)
Gross profit		30,512			4,676			19,226			2,984
Sales and marketing expenses		(5,586	)		(856	)		(1,906	)		(296	)
General and administrative expenses		(1,756	)		(269	)		(1,314	)		(203	)
Research and development expenses		(6,084	)		(933	)		(6,512	)		(1,011	)
Provision for doubtful accounts		-			-			(165	)		(26	)
Income from operations		17,086			2,618			9,329			1,448
Interest income, net		17			3			9			1
Other income, net		1,081			166			652			101
Foreign exchange gain (loss), net		2			-			(2	)		-
Income before income taxes		18,186			2,787			9,988			1,550
Income tax benefits (expenses)		-			-			-			-
Net income	¥	18,186			2,787		¥	9,988		$	1,550

Summary Consolidated Cash Flow Data

	For the year ended December 31,						For the nine months ended September 30,
	2020*			2020*			2021*			2021*
(Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”)	RMB			US$			RMB			US$
Net cash (used in) provided by operating activities	¥	(6,060	)	$	(929	)	¥	37,092		$	5,757
Net cash provided by investing activities		3,547			544			3,528			548
Net cash provided by (used in) financing activities		4,144			635			(44,644	)		(6,929	)

* Hongle’s financial information for the year ended December 31, 2020 and for the nine months ended September 30, 2021 are derived from financial information of Weiliantong contained in Yieryi’s audited consolidated financial statements for the related periods, except for cash flow data. During such periods, Hongle platform’s business were carried in both Yieryi and Weiliantong. As of December 31,2021, all Hongle platform’s business were only carried in Weiliantong.