Qujiang Cultural Tourism: The company has received the full repurchase payment for 55% of Wuxi Huipao's equity from the obligor.

Qujiang Cultural Tourism Announcement: During the process of recovering the repurchase amount for 55% equity in Wuxi Huipao, a contract dispute with Zhongtian Construction has led to the freezing of the equity repurchase amount of 16.8257 million yuan that Changzhen Information intended to pay to the company. The company has received all payments from the promisor, and Changzhen Information has deposited 16.8257 million yuan in its account in full. The company’s 8 bank accounts have been frozen, with a frozen amount of approximately 9.0563 million yuan, accounting for 1.37% of the net assets attributable to the shareholders of the listed company as of the end of 2024. Changzhen Information will pay 10 million yuan of the 16.8257 million yuan to the designated account of Yanta Court to offset part of the payment owed to Zhongtian Construction, and the bank account was unfrozen on the same day. The company has completed the payment of the remaining amount owed to Zhongtian Construction and has received the “Case Closure Notice” issued by Yanta Court. Changzhen Information has completed the payment of the remaining equity repurchase amount of 6.8257 million yuan to the company. The company has received the full repurchase amount for 55% equity in Wuxi Huipao from the promisor.