Mango Supermedia announced that the company and its wholly-owned subsidiary Hunan Happy Sunshine Interactive Entertainment Media Co., Ltd. purchased 120 million additional shares of Zhangjiajie Tourism Group Co., Ltd. with their own funds, with a subscription amount of about 475 million yuan. Among them, the company directly subscribed for 30 million shares, with a lock-up period of 18 months; Happy Sunshine subscribed for 90 million shares, with a lockdown period of 18 months. TV Media and its related subsidiaries subscribed for a total of 80 million shares, with an investment amount of about $317 million. On December 30, 2025, the share transfer procedure was completed. The company directly holds 30 million shares of Zhang Lu Group, and Happy Sunshine holds 90 million shares. In total, it holds 50 million shares, all of which are restricted shares. The sales limit period is 18 months.

Mango Supermedia announced that the company and its wholly-owned subsidiary Hunan Happy Sunshine Interactive Entertainment Media Co., Ltd. purchased 120 million additional shares of Zhangjiajie Tourism Group Co., Ltd. with their own funds, with a subscription amount of about 475 million yuan. Among them, the company directly subscribed for 30 million shares, with a lock-up period of 18 months; Happy Sunshine subscribed for 90 million shares, with a lockdown period of 18 months. TV Media and its related subsidiaries subscribed for a total of 80 million shares, with an investment amount of about $317 million. On December 30, 2025, the share transfer procedure was completed. The company directly holds 30 million shares of Zhang Lu Group, and Happy Sunshine holds 90 million shares. In total, it holds 50 million shares, all of which are restricted shares. The sales limit period is 18 months.