Duke Culture: Termination of Planned Change in Control, Stock Resumption

date
26/12/2025
Readkoo Cultural Announcement: The company has received a notice from its controlling shareholder that they are planning for changes in the company's ownership control, which may result in a change of the company's controlling shareholder and actual controller. The company's stock has been suspended from trading since the morning of December 22, 2025. During the suspension period, the company's controlling shareholder and the transaction counterparty have had extensive discussions regarding the planned ownership control change, but due to the involvement of multiple issues, after numerous negotiations and discussions on the core terms by the parties involved, a consensus could still not be reached. It has been decided to terminate this ownership control change. The company's stock will resume trading starting from December 29, 2025.