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Cultural Investment Holdings announced that Hongsu Media, a wholly-owned subsidiary of the company, plans to purchase 100% of the shares of Yutian County New Film Federation Phoenix Cinema Co., Ltd. from Beijing Film, an affiliated corporation, for 2,6383 million yuan. This transaction constitutes a related transaction and does not constitute a major asset restructuring. The company held a board of directors meeting on August 18, 2026 to review and pass the bill. The relevant directors have avoided voting, and there is no need to submit this transaction to the shareholders' meeting for review.

Zhitongcaijing·08/18/2026 11:01:19
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Cultural Investment Holdings announced that Hongsu Media, a wholly-owned subsidiary of the company, plans to purchase 100% of the shares of Yutian County New Film Federation Phoenix Cinema Co., Ltd. from Beijing Film, an affiliated corporation, for 2,6383 million yuan. This transaction constitutes a related transaction and does not constitute a major asset restructuring. The company held a board of directors meeting on August 18, 2026 to review and pass the bill. The relevant directors have avoided voting, and there is no need to submit this transaction to the shareholders' meeting for review.