*ST rebate announced that the wholly-owned subsidiary Shanghai Zhongyan Information Technology Co., Ltd. plans to purchase 60% of the shares of Guangzhou Fengteng Network Technology Co., Ltd. held by Song Ruiyin and Song Ruijin at a consideration of no more than 28.8 million yuan. After the transaction is completed, Shanghai Zhongyan will hold 60% of Guangzhou Fengteng's shares. According to the assessment, the market value of all shareholders' equity in Guangzhou Fengteng on the evaluation reference date was 65.3 million yuan, with a value-added rate of 137.07%. The purpose of this transaction is to enhance the company's advantages in the field of Internet effect marketing, enhance the company's marketing capabilities on multi-traffic platforms, and expand the scale of the effect marketing business. The transaction consideration will be paid in installments, and performance evaluation terms will be set.

*ST rebate announced that the wholly-owned subsidiary Shanghai Zhongyan Information Technology Co., Ltd. plans to purchase 60% of the shares of Guangzhou Fengteng Network Technology Co., Ltd. held by Song Ruiyin and Song Ruijin at a consideration of no more than 28.8 million yuan. After the transaction is completed, Shanghai Zhongyan will hold 60% of Guangzhou Fengteng's shares. According to the assessment, the market value of all shareholders' equity in Guangzhou Fengteng on the evaluation reference date was 65.3 million yuan, with a value-added rate of 137.07%. The purpose of this transaction is to enhance the company's advantages in the field of Internet effect marketing, enhance the company's marketing capabilities on multi-traffic platforms, and expand the scale of the effect marketing business. The transaction consideration will be paid in installments, and performance evaluation terms will be set.