*ST shares announced that as of the announcement date, the 405 million shares to be transferred by the company to implement the restructuring plan have all been transferred. Of these, 366 million shares are restricted shares after initial sale, and 388.17,700 shares are tradable shares with unlimited sales conditions. The total share capital of the company increased from 405 million shares to 810 million shares. The 405 million additional shares mentioned above were all registered in the special asset disposal account for the bankrupt enterprise of Zhangjiajie Tourism Group Co., Ltd. established by the manager on December 26, 2025.

*ST shares announced that as of the announcement date, the 405 million shares to be transferred by the company to implement the restructuring plan have all been transferred. Of these, 366 million shares are restricted shares after initial sale, and 388.17,700 shares are tradable shares with unlimited sales conditions. The total share capital of the company increased from 405 million shares to 810 million shares. The 405 million additional shares mentioned above were all registered in the special asset disposal account for the bankrupt enterprise of Zhangjiajie Tourism Group Co., Ltd. established by the manager on December 26, 2025.