We have formally withdrawn the authorization of OBO sales partner/distributor of Beijing Unicom Technology Co., Ltd and terminated the related distribution agreement. With immediate effect, we will stop all cooperation programs with Beijing Unicom and will no longer provide any support and services. We will not authorize Beijing Unicom to engage in sales activities of OBO brand products, and will no longer recognize Beijing Unicom's personnel to carry out any marketing and promotional activities in the name of OBO authorized partners/distributors.
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