We intend to focus on industries that complement our management team’s background, and to capitalize on the ability of our management team and advisor to identify and acquire a business. However, we will not consummate our initial business combination with an entity or business with China operations consolidated through a variable interest entity (“VIE”) structure. (Incorporated in the Cayman Islands)

We intend to seek one or more businesses with high growth in revenue, specifically with a total enterprise value of between $200 million and $500 million.

We intend to seek to acquire one or more businesses with clear strategies in high-growth industries. We believe the companies in the following sectors will benefit from industry growth and be attractive to capital markets: high technology, e-commerce, consumer and retail, brands management, Internet application, Software as a Service (“SaaS”) and Platform as a Service (“PaaS”), healthcare products and social media.

(Note: Hainan Manaslu Acquisition Corp. priced its SPAC IPO on Aug. 10, 2022, in line with the terms in its prospectus: 6 million units at $10 each to raise $60 million. At pricing, Hainan Manaslu Acquisition became the 74th SPAC IPO priced so far in 2022.)