Huatu Shanding: A wholly-owned subsidiary is planning to purchase real estate with a total transaction amount of 130 million RMB.

Huatoo Shanding Announcement: The company's wholly-owned subsidiary, Huatoo Education Technology, intends to purchase 25 sets of real estate on floors 1-5 of Haier Times Square held by Tianjin Huatoo Enterprise Management with its own funds, with an area of 8841.35 square meters and 30 underground property parking spaces. The purchased real estate will serve as an important carrier for the company's non-degree training business area operational reform. The total transaction amount is 130 million yuan.