Guilin Tourism: The public listing for the transfer of 100% equity and debt of Zijiang Danxia Company has been concluded at a price of 34.5 million RMB.

Guilin Tourism Notice: The company publicly listed for transfer 100% equity and debt of its wholly-owned subsidiary Guilin Zijiang Danxia Tourism Co., Ltd., with a starting price of 34.5 million RMB. In the end, Guilin Yunjing Cultural Tourism Investment Co., Ltd. acquired the subsidiary for 34.5 million RMB. The company has signed a "Equity and Debt Transfer Agreement" with Yunjing Company. This transaction is expected to increase the net profit attributable to the shareholders of the listed company by approximately 28 million RMB in 2025.